Building a business can be as painful as walking on Lego

I read this somewhere last week and it is so true. Whilst there are great highs on the roller coaster of business there are also some real lows.

So what can you do?

When you identify a problem that is likely to recur in some form then it is worth spending time to make changes to prevent it. But sometimes the solution is not really obvious.

It may help to work through this with a coach, a colleague, or on your own by asking some simple questions

  1. What exactly is happening?
  2. When did this issue start?
  3. What is the impact?
  4. What changed recently that might have triggered this?
  5. Have we had a similar problem before? How did we resolve it?
  6. What outcome do I want to achieve?
  7. Is this realistic given any current constraints?

Here’s to using your Lego creatively instead of as an instrument of torture.

Business confidence monitor

The Q3 ICAEW Business Confidence Monitor is here and shows the increased tax burden are holding back business and economic growth

ICAEW Business Confidence Monitor | ICAEW