You may have been asking yourself of what you’re getting wrong about your business.
The strategies that isn’t working properly, or what and what you need to change in your company to up your company performance.
Nothing is more frustrating than seeing our competitors making great strands in the market whereas, our promotional tools and strategies have also resulted to nothing.
Here, I bring to you some business approaches which smart CEOs don’t try to engage or get themselves out as quickly as possible when they realize they have stepped into it.
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1. SMART CEOs DON’T COMPETE
Smart CEO’s are those who would find it time and resource wasting to be competing with others.
It’s true that business is all about competition, but, you need to understand the kind of competition it’s involved.
As a business owner, your competition should be to serve your customers well than to make huge profit than your next neighbour.
When you serve your customers well, you will make the huge profit. That’s the secret of your neighbour.
2. SMART CEO’S ALWAYS DO THINGS DIFFERENTLY
It’s unfortunate that most of business owners after they might have served in a particular line of business and launch their own, they tend to do exactly as they were doing in their former company.
Do you know that everything do have a new look and approach daily?
A smart CEO won’t tend to follow same method of doing something that have been in practice for a decade which his old firm do follow.
He must be on the look out for new ways and methods of reaching his goal.
3. SMART CEO’S DON’T HESITATE
If you have been hesitating or postponing what you have to do at every point in time, you will never make a list of best 100 ceo’s in your local. Smart CEO’s don’t postpone their activities.
They’re always proactive because they understand that for a business to survive, they must not postpone what is needed to be done in the firm at when it’s needed.
4. SMART CEO’S HAVE CAN-DO SPIRIT
Smart CEO’s wants the best for their firm. Therefore, they’re always inquisitive and dogmatic in getting and doing what’s best for their firm.
They believe that they have the potentials to do what is expected of them as a business owner.
Where they lack a skill of a particular object, they hire appropriate staff to fill the gap and keep the company very functional and effective.
5. SMART CEO’s KNOW THEY CAN’T DO ALL JOB’S PERFECTLY GOOD
Let me teach you this. Whenever you’re in a board meeting or have discussion regarding a contract with your firm.
It will very healthy for you and your company to know your shortfalls.
Even when you can perform a particular task, it’s better to postfix your statement of contract acceptance with the word, “my company will do it’s best”.
Don’t promise any contractor of 100% perfect work, delivery time, no matter how creative or professional you’re in your firm. In business, mistakes and errors can’t be ruled out.
6. SMART CEO’S TAKE THEIR HEALTH SERIOUSLY
Because you launched your firm anew doesn’t mean you shouldn’t give yourself that break to rest your body and give your nerves the opportunity to relax.
Smart CEO’s understands that good health means 40% of healthy business.
As an entrepreneur, falling sick means you’re handing over your wealth to another person to manage, and no matter how you trust this steward, he/she can’t perform as you the owner.
It’s very proper we pay attention to our health and always take rest and medication when necessary.
7. SMART CEO’S DON’T AVOID RISK
Business is risk and every CEO is a risk taker. You can’t avoid risk or shy away from responsibilities as an entrepreneur.
In order to learn and develop more in your business, you must face challenges and make sure they’re solved under your watch.
Whether it’s been solved by you or you hired a third party to solve it, the fact is, “you must have the challenge solved it take the risk” when you can’t avoid it.
8. EVERYTHING IS NOT OKAY
To be the best CEO by performance, you must not accept an event to be all ok unless you witnessed it or there is a real proven fact or evidence which shows that such program or object is in cohesion.
Where you fail to be up-and-doing in your firm, checking on your staff work progress and only rely on written paper report.
Your business will also crumble like a written paper.
You don’t need to believe everything is ok, leave your office and check on your staff and see what’s going on.