Are you planning to sell or planning to keep your business? Or are you stuck in the mediocre middle? (Part 1 of 2)
This week on the Growth Whisperers, we're talking about your plan for your business?
What's your plan?
Are you planning to keep, or are you planning to sell?
Or, if you don't have a plan to keep or sell, are you stuck in what we call the mediocre middle?
That is, you're not planning to sell, and you're not planning to
keep, and you're suffering the consequences of inaction in the middle.
And it's not consciously that you're doing it.
You're busy running your business.
And that takes a lot of time.
But sometimes we don't even realize we need to decide what we're driving to actually and being committed to selling in three years, for example, or keeping it for 30.
And we ended up floating around.
And we really challenge you to make a decision. Sell and make the decision, march in that direction. Or plan on having it for 20, 30, 40 years, and probably make many different decisions versus just floating around.
This week in part 1 of 2 we discuss what it means to be stuck in the mediocre middle and the cost that you pay for not having a plan either way.