Would you consider the following situation a quagmire or a business opportunity? You are a legacy company that is very heavy in fixed assets, low in tech and (because of shareholders and Wall Street) the pressure for short term results is very high. You want to become tech heavy, asset light, and future-forward, but you
This morning reaffirmed what I wrote about last week, that we need to make mistakes. I found the gem below as I was doing my daily devotional and it articulates perfectly my intent in the Making Mistakes In Business Is Important blog: We should be making even more mistakes––in life as well as in business.
What’s your business policy? I believe everyone has one. Mine is a No Jerky People Policy. Let me explain… Last week, I was at a wine dinner with George Daou, founder of Daou Vineyards in Paso Robles, California. He is everything you would expect–charming, interesting, captivating. During our dinner, he declared his business policy (and
“It’s ok to make mistakes” is a clichéd and mostly misunderstood concept. Merriam-Webster defines a mistake as an error in judgment, but it can also be an error in action, calculation, or opinion, caused by poor reasoning, carelessness, or insufficient knowledge. We tend to think of the acceptance or intolerance of making mistakes as a
- 1
- 2