When running a business, there are plenty of times when you encounter potentials or opportunities. Some of them have potential to change the fate of your business, for good or bad. Meeting opportunities and potentials can be considered good luck or bad luck. However, it is also important to not rely on luck when it comes to running business. Every decision you make should be based on logical thinking and thorough calculation. Wild assumption or emotional attachment can make you choose wrong decision. It is important to know how to be decisive in responding to every opportunities or potentials you encounter with.
When to say yes and no in responding to opportunities and potentials
In running business, saying yes is mots likely to be very much easier than saying no. When you are faced with new things or opportunities, saying yes is so tempting. You are an opportunity of partnership and the immediate respond in your mind is to say yes. However, it is not the wisest thing to do.
Don’t say yes to every offer
It is important to not easily say yes to every offer you receive from others when it comes to running a business. Not all of them are good opportunities. Some of them may affect negatively to your business. Therefore, an entrepreneurs should also be able to say no firmly and decisively. Keep in mind that just as you have reasons to say yes, saying no has its own value as well. Of course, saying no also means risking a harmony which can results in unexpected outcomes. However, it is best to have your own calculation and decision in responding to any offer. Do not say say just for the sake of maintaining the harmony.
You don’t have to make everyone happy
In business, there are always people who try to tell you things according to their wants or needs. You might want to keep them as happy as possible but that’s not supposed to be a goal of your business. Sometimes, you just do it by compromising to your own ambitions or ideas. However, you might lose your own value sooner or later if you keep doing what other people tells you to.
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Say no when needed
Managing business and lives in general means you have to be brave to say no when needed. It is not about asserting your dominance to others. If there is an offer and it gives no good for your business then you can say no. You should even say it if the offer have potential to harm your business.
Give reasons when you say no
It is okay if you want to say no with good reasoning to make people understand why you choose the decision. If you say no and the others won’t budge, it is their problems not yours. Keep in mind that you don’t owe anything to anyone. Saying no to yourself is also needed sometimes such as when you keep forcing yourself by working crazy hours or neglecting your own health. It is time to say no to driving yourself to exhaustion.