Thinking About Transitions
Dec 13 2010
I’ve been thinking about transitions. Some people transition quickly and some slowly or shall we say not as quickly. But those who transition quickly sometimes pay later because they act too fast which can result in suboptimal decisions. Some act too slowly which also result in suboptimal decisions where they have to pay the piper painfully in pickled peppers.
In the world of entrepreneurship, you have to make quick decisions as though you had the time to make a well thought out one, while at the same time having very limited data. In larger companies, you have more time to research, prepare, and analyze before making a decision which could end up not working anyway. Larger companies can spend millions of dollars on a bad product/idea and still survive. Entrepreneurs/small businesses can’t. They will lose people, money and time.
So how companies handle transitions depends on their culture. It has been demonstrated that some of the most successful businesses transitioned many times during their existence and their starting business plans looked very different than the one that proved successful.
Think about how you handle transitions in your personal, parenting, and professional lives. Are they similar or different? Does it depend on the people you have around you and the strengths and weaknesses they evoke? I’ve noticed that I’m strongly effected by the people around me during times of transition, and I try to move towards those who have a positive effect on me but am sometimes seemingly demonically pulled towards those who make the transition harder, but fortunately my inner core is more attracted to positive people. 😀
Ah, transitions…one of the things in life you can always expect to happen!
Author: Aruni | Filed under: entrepreneur, entrepreneurship | Tags: entrepreneurship, making decisions, positive people, transitions | 1 Comment »
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