When you are building your own business, there are thousands of actions you must take on your journey. Taking the most appropriate actions that result in business growth are obviously critical to your success. The problem for a lot of new entrepreneurs is deciding what exactly they should be doing on a weekly or even daily basis.
For example, you might have an idea of a marketing campaign that costs $5000 but could net you $20000 revenue. However, until you run the campaign, you really have no idea if it is going to be a success or a failure. Even if you are a very experienced entrepreneur, a campaign that worked in the past is not necessarily going to work in the future.
Most business owners are idea generators. On any given day, they might drum up 10 or 20 new ideas that may or may not launch their business to a new level. If you are like this, my question to you is…. how do you decide what action you are going to take? From there, how do you know if you’ve made a good or bad move? What criteria helps you make your decision?
Please share your ideas and strategies in the comments section below. I think we can all learn from each other on this one!
PS. I make mention of the blog Ice Blue Banana. Check out the blog post about time management here: http://www.icebluebanana.com/how-to-determine-if-you-use-your-time-wisely