Sometime ago, I planned changing the bulb in my pent house apartment before leaving for work. So, I got a ladder and as I climbed; GBASH! I fell.
Every entrepreneur has had a ‘gbash’ moment at some point. I say this at the risk of sounding generic. However, not everyone has leveraged on such events or situations to create a better business.
The issue isn’t whether you mismanaged funds or made wrong investment choices but rather what you have used such ‘gbash’ moments to create going forward.
Have you used such moments as a buffer to improve your cash flow systems to prevent cash constraint issues down the line? How about alternative revenue channels to cater for the inherent risks in your investment decisions?
In my case, I undermined the state of the ladder. The issue wasn’t with me or my 200 pound frame.
My ladder was the culprit. The case is the same with your business. The problem isn’t you. Don’t go personal! Instead, check your ladder.
Your ladder refers to your business processes and routines which you deploy enroute to changing your bulb (providing business solutions).
So what are you waiting? Go fix your ladder and change the bulb!