Small Business Quick Quiz
Question #1
1. The Secret of Small Business Success is to...
a. focus on what you do best, then give it all you’ve got
b. do only the right things – but only for the right reasons
Question 1 • 2 • 3 • 4 • 5 • 6 • 7 • 8 • 9 • 10 • 11 • 12 • 13 • 14 • 15 • 16 • 17 • 18 • 19 • 20 • 21
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| The Short Answers #1 |
The answers to the questions are listed here in short form. For more complete discussion of the issues raised, visit the linked resources. Better still, subscribe to Small Business Pro. newsletter.
1a. This works only if you understand the principle of leverage and you’re applying it effectively in your small business. Otherwise, you’re headed for trouble. Focusing on what you do best is risky if you’re so busy working IN your business (as an employee) that you ignore working ON it (as a manager). See our Resource Information on Leverage.1b. This is the ONLY correct answer — because it’s the only one that ensures that you make no mistakes! The trouble is, how do you know what the right reasons are? Or the right reasons for doing them? Besides... in the long run, it doesn’t really matter whether you do the right or the wrong things if you do them for the wrong reasons… you can’t succeed.See our Resource Information on The Right Reason for Going Into Business.
1c. You’re thinking like an employee! Being busy does NOT mean that you’re either productive or profitable. It just means that you’re busy. See “Seize the Day!” — our personal and team productivity program.