Business Mentor: Important lessons to keep your business afloat

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I like to believe that 2021 will help us all get back on our feet after the difficulties of 2020. Volcanic eruptions, earthquakes, typhoons, and a pandemic have made some of us lose hope.

But being resilient, we have learned to slowly adapt to the “new normal” and find ways to move forward.

Of course, every business owner should have a keen eye in detecting the right people for the job – the skills and knowledge that they can contribute to the business are extremely important. A business owner, although he is the boss, should learn to listen to what his employees or team members have to say. Sometimes, business owners are not able to see the smaller details which can be significant in making plans for the business.

However, adaptability does not only refer to disruptions such as a pandemic but also refers to how a company can adapt to the changes in their specific industry. Trends come and go and no business wants to be left behind. Technology just keeps on getting better and companies need to upgrade how they manage their business.

While some business owners would say that they can manage to do everything all by themselves, this is just not true. Why? Because having to deal with everything in the business can lead to mistakes and may also affect the health of the business owner. Being too stressed all the time can lead to burnout. Imagine waking up one day realizing that you no longer have the same enthusiasm as before and even question yourself why you even started the business.

 

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