Successful entrepreneur Bob Parsons has a tip for coming up with big ideas:
So here’s my tip. Take time – preferably away from your business — and talk about your business with your employees. Talk about what’s right and talk about what’s wrong. During your discussions, you should have no particular goal in mind other than open conversation. Remember you’re just talking about the business. You’re not giving anyone a performance review. You just want to know how they see things, and it’s important that you share with them how you see things. That way the information exchange will rise to a good level and flow both ways.
Now suppose you are a struggling entrepreneur — like I once was — and you don’t have employees. Then maybe you can instead talk with someone who is familiar with your business. This could be a peer or maybe one of your vendors, or your spouse. I think the process of talking about your business is healthy and will help bubble up ideas.
Read more at Hot Points with Bob Parsons.
small biz rural entrepreneurship
- How has 2020 changed the challenges rural small towns face? Tell us here - October 20, 2020
- The Idea Friendly Method to surviving a business crisis - October 6, 2020
- Join me for the Rural Renewal Symposium online Oct 13 - September 26, 2020
- Cheap placemaking idea: instant murals - September 11, 2020
- Refilling the rural business pipeline - July 7, 2020
- Huge vacant buildings: grants to renovate? - June 9, 2020
- Economic self defense for small towns - June 7, 2020
- The best things you can do for local businesses in light of coronavirus - March 27, 2020
- How to get more parking downtown without adding any spaces - March 7, 2020
- Exact Yeti Blue mic volume and Windows settings to reduce background noise - February 17, 2020
