The Six Disciplines blog has moved!

You will be automatically redirected to our new home. If that does not occur, please visit:

Friday, May 19, 2006

5 Startup Mistakes

CNN/Money Magazine offers these "5 deadly mistakes when starting a business" which include:

Here are five common mistakes to avoid, so you can build a successful business:
  1. Too little cash.
  2. Thinking small.
  3. Skimping on tech.
  4. Underestimating the importance of sales.
  5. Losing focus.

BOTTOMLINE: At Six Disciplines, we assist organizations in understanding and preventing these 5 mistakes (and many others) - by concentrating on #5 - Losing Focus. All businesses lose focus at one time or another. By creating a vision, mission, strategic position - then establishing goals, and individual plans to execute on a daily basis, organizations develop their core competence to become more skilled - and disciplined - in their approach to strategy execution. By doing this, they do NOT lose focus.

No comments: