The skills of an entreprenuer to be succesful
Strategy Formulation
Hey ladies , Happy Friday.
Fourth on our list of skills to develop as an entrepreneur is Strategy formulation. Think like an entrepreneur, act like a CEO.
For your first year or first few years of operation, you should have goals that are broken down quarterly or even monthly. Plan out where you expect to be every step of the way in terms of financing, staffing, marketing, and any other relevant part of your business. A detailed SWOT (strengths, weaknesses, opportunities, threats) analysis always is a good way to get yourself and your team members to start thinking strategically. As you move through your beginning months and years in operation, it’s always a good idea to revisit strategies on a regular basis to make sure they still appropriate based on any changes with your business or the marketplace.
Remember we are available to support you all the way..
Keep winning.