“If it can be done, then it should be done, if it can’t be done, then why plan it?”---dani-EL.
Have you ever taken on a project? Did it succeed or ended up a failure along the way. What were your realized setbacks or tactics that drove the success. This is one of the first steps to avoid pending disappointments or depression. Of course, you need a plan but you have to look at how executable a plan is.
I am not in this article trying to say one should shrink back from big projects that present life changing opportunities, NO. If you can plan out, execute it. Some have built out an entire company without being the ones who put in the capital.
I keep on saying, when banks say there is no money, it is a statement with a comma because it actually depends on who is in need of this money. Yes, those that know money as currency will always hedge. On the other hand, if money for you is expenses upon expenses, sorry, they won't take you seriously.
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This was one of the questions I asked myself and I have been working on how to effectively and efficiently provide the needed answers. Opportunities will come but how prepared are you. ‘If you were given $10,000 dollars to invest for 5 years, what would the outcome be? A profit or a loss? If a loss why and if a profit, how lucrative will the profit be?’. Answer this question and you are well prepared for any coming opportunity. I know $10,000 may seem small for some advanced countries so you can put a tangible amount that fits in, the idea is to answer the follow up question.
Where are we heading in this article? It is not how big a plan is but rather its executable possibilities. The year is just beginning and there is a need to be real with whatever you want to do; life is not fantasy. We most of the time play with the drawing board and its needed consequences.
As a manager and co-partner of our brand, I have seen some flaws we faced last year. As I am writing this article, I am just some minutes away from entering our first management meeting for the year. My focus will be on how executable whatever we are working on can be. What set of people do we need and how are we intending to drive out both ends success.
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On the other hand, we are talking of capital here; marketing is key and already the capital to drive it even at ground stage is presenting itself huge. When it comes to meeting standards in the hard industry, there is nothing to hide. New machines will have to be brought in so that we can meet up with quality, efficiency and timely delivery; so what's the plan? It is something we will have to look into to first realize how close we can be to this target.
business and investment needs strategy, it is like trying to go long term on stock, crypto or whatever opportunity that presents itself while your daily life is based on last card survival. Already, such discipline drifts into a pending failure. At least I can attest to this not actually that I enjoy saying it but when the financial demands are high, you will have to break the habit when there are no other alternatives to turn to.
To conclude, let me add, I can say that a good and executable plan is a plan out of a plan. There are some things to be put in place in order to secure the needed success. As for the setbacks I saw, it shows that I will have to step up my source of or readjust my standards of living as the case may be. Adding to that, vision needs dedication.
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