Think about the last time you went on a road trip. You made hotel reservations, packed your suitcase, made sure you had some cash for the tolls, and off you went. You knew where you were heading, and you probably had a good idea how to get there – but I’ll bet you printed out a map or turned on your car’s GPS all the same. Developing a business strategy for your online business is a lot like taking a well-planned trip. If you don’t use a map or a GPS, you might still get there, but by following a map, you waste a lot less time and don’t end up lost or on a ten-mile detour.
In the case of your online business, the business strategies you develop – the map that you follow – can make a difference in the level of your success, the rapidity with which you will achieve the level of success you desire, and your ability to get there before you waste too much time and money to be able to see it through. Business strategies are not dusty plans drawn up and stored away; they are living, evolving partners in your success. Lehman Hailey believes business strategies you develop can help you manage your budget, your marketing, your team, and your time.
29. January 2011
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