“In education the starting point is what you don’t know.
Before you can begin your research or frame your experiments you’d better make sure that you are asking the right questions about what you don’t know. Trying to understand the universe through science can only come from a place of not knowing.
Innovation and creativity can only exist with the wonder of not knowing. I wonder what will happen if I mix this thing here with this thing over here. I don’t know but would love to find out. Curiosity is born from not knowing.
Not knowing therefore can help us change and grow.”
By Craig Coggle for ChangeThis.com
I came across this article recently, making the very valid point that:
“Selling your business is a landmark event, often accompanied by emotions ranging from sheer joy to deep regret. Proper planning can help ensure this is a time to be celebrated—years of hard work have paid off!—by alleviating the stress and anxiety related to your exit.”
And then it went on to discuss the virtues of this, but from a purely financial position only. There is so much more to selling a business than just the financials!
The very reason you’re selling it would indicate that. If it is just about “cashing in your Super”, then so be it. But what if it’s about:
- getting out of a business partnership that no longer serves you or what you want to achieve with the business?
- failing health being the prompt?
- you actually wanting to do the something else you’ve always dreamed of doing, before it’s too late?
And just as importantly, what if this has been your “identity” for many years? What about this cash machine that you built, which has fed and clothed and schooled you and your family? This is not a decision to be taken lightly, or quickly.
These require just as much thinking as the financial considerations, especially when pulling on the heartstrings. Don’t let your head be the only ruler in this decision making process…
It’s all about the Business Model… as it always is…
“’How?’ is not just a question. HOW is the answer.
HOW. We’ll see that word a lot in this manifesto. Simply stated, HOW is the belief that in our more interconnected and interdependent world, we rise and fall together. The way to forge a better, more sustainable path of growth and progress lies in the realm of human behavior—HOW we do what we do. The days of “It’s not personal; it’s just business” are over. We truly have entered the Era of Behavior.
Leaders have become successful at measuring “how much” by out-selling and out-spending. But instead of asking “how much”, we should be examining HOW. How we behave, lead, consume, build trust in our relationships, and relate to others has always mattered but in an age when everything can be tweeted and blogged about and where there is no such thing as private behavior, HOW matters more than ever and in ways it never has before.”
By Dov Seidman for ChangeThis.com
I know I am!
Especially when there appears to be no substance behind the claims.
No doubt, rolled up in amongst the stuff are nuggets of truth, and even a little real life experience. But across the board, most are guilty of well-intentioned theory at best. As for execution based on actual practice, seems to be sadly lacking.
Succession Planning is a case in point. By virtue of the use of the word “planning”, it is theory based – it has to be. What you need to be really mindful of is:
o Is it actually a plan that can be executed?
o Is it a plan you really want to execute, if push came to shove?
Planning has it’s role, but it is certainly not the be all and end all.
The proof in the pudding will always be when the DOing takes place.
And when you need the DOing to take place, do yourself a favour and instead find 7 Facts in this, and 5 Facts in that….