Saturday 3 November 2012

Starting a Business or a Baby


Anyone who has started a business comes to see that organization as his or her baby. The entity is like raising a child and is very dear to the creator. With this in mind, it is then often very difficult to mostly disengage while keeping the business viable and successful. The loss of nuts-and-bolts control is scary for most entrepreneurs to say nothing of how and who to hire to make it happen. Not only that, what can an owner do to make sure customers continue to receive the quality and personality of service and product they expect? So how does someone move from being a business owner to chief executive officer? While each transition is unique, there are some basic parts that remain constant.One of them is Making a decision This is usually a hard call for the successful business owner as changing to chief executive officer is not for everybody. A businessman has worked with business owners who expressed an intention to disengage from the daily operations but when it came down to letting go, they just couldn’t take the plunge. Again, either way is ok but you must be intentional. Talk to close friends, family and business associates. Seek perspective from anywhere you respect the advice.

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