Welcome once again. It’s a pleasure connecting through this blog.
Now, in my article entitled ‘Critical Issues An Entrepreneur Must Know About Business Strategy’, I mentioned that your business strategy is an articulation of the overall direction of your enterprise in the medium and long-term. I also said that your enterprise strategy is a specification of the way your enterprise competes in your industry, whatever that industry is. It therefore means that your strategy should define the rules and guidelines by which the mission, objectives etc. of your enterprise will be achieved.
So, today I would like to say something briefly about critical strategic decisions an entrepreneur needs for business success. Now, you might ask me why these are critical. My response to you is that these items are part of the fundamentals of your enterprise, and this means that if you get them right you can smile to the bank with your business success, and of course the opposite is true in case you get them wrong. I trust you understand what I mean. Don’t you? Come on, let’s just proceed and take a look, even if you have some arguments at this stage. OK?
I think we should close it here today. Don’t you think so? I do hope I’ve added some value. I want you to be counted among the successful entrepreneurs. Isn’t this a good idea?
With every good wish – enjoy your weekend.
The Wise Entrepreneur