Our economy is shifting, like it or not things are changing. Arguments continue about the state of the economy in the United States but one factor that appears consistent is that successful businesses and people are changing.
I work with business that are doing great, and those who are not doing so great. My informal survey of this sample suggests that those who are doing great are moving fast. They are capitalizing on what works and abandoning what doesn’t. They are planning and calculated, not irresponsible. They are committed to not being satisfied with the status quo.
It seems that successful endeavors, and the people who manage, own, or otherwise operate them, are masters at analyzing the opportunity cost. As individuals we have that same opportunity. Our ability to assess our environment, recognize the opportunity cost, and make fast but calculated changes help us get on the path to success. Things are changing fast, too fast to hesitate.
If you want to improve from the past, be calculated but move fast!
- DEG
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