10/16/2021 Tip: Making Your Own Decisions | Growthink

10/16/2021 Tip: Making Your Own Decisions

Today’s Quote

“There are no secrets to success. It is the result of preparation, hard work, and learning from failure.”
~Colin Powell

 

Today’s Tip

The ability to make our own decisions is critical to our sense of well being.

For example, studies show that it isn’t the company’s CEO who’s most likely to have a stress-related illness or heart attack. No. It’s actually the CEO’s assistant! Research shows that the less control we have, or that we think we have, the higher the likelihood of stress, back pain, mental illness, high blood pressure, getting sick, and so on.

So what does this mean for you?

  1. If you’re still working for someone else, and are feeling the stress of not controlling your destiny, then now’s the time to launch your own business. I’m not necessarily saying to quit your job until your business is generating income. But I’m saying to at least take pen to paper and write down your business plan and strategy so you can start planning out your venture.
  2. If you’re running your own company, make sure that you give enough authority to your employees. You don’t want your employees to feel a lack of control. This will lead to stress and they will get sick more often, won’t be as productive, and so on.

 

Today’s Resource

Do you have the right plan?

The right strategic plan for your business includes:

1) the best strategy to follow

2) a written roadmap so there’s no confusion as to what your team needs to accomplish and when

Our strategic plan template allows you to quickly create a winning plan.

In no time, you’ll have a strong plan to follow so your company wins.

Why play the game of entrepreneurship if you’re not going to win?

Create a winning strategic plan <–

 

Trivia

Today’s Question: Why was the entire village of Hibbing, Minnesota, relocated?

Previous Question: Borden is the name of a county in Texas. What is the name of its county seat?

Previous Answer: Gail.

It’s named after Gail Borden, the man who brought us condensed milk.

 

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