News From Terre Haute, Indiana

Business

October 6, 2013

Business Cents: Analyze your business and yourself; you’ll be glad you did

TERRE HAUTE — “The question isn’t who is going to let me; it’s who is going to stop me.”

— Ayn Rand

As I have embarked on my career, I occasionally wonder if I’m fulfilling my life purpose. This alone got me to considering the direction that companies and their leaders take and this in turn had me considering several questions and how the outcomes of the answers can impact our lives.

The first portion of the following question set focuses on how aware you are of your surroundings and the world in which you operate. Why is that important? First, many of the opportunities in life open up when we are honest with ourselves. In addition, we all typically know what we should be doing, so why are we not doing it? And finally, the question set below creates awareness of what others really think about you. Does it align with your self-perception?

1. Are you pretending to know things that you really don’t? If so, what are they?

2. It is important to identify your values. Are you being true to them?

3. How can you figure out what you don’t know and then admit that you don’t know it?

In the next section, we will discuss impact. What impact do the various decisions have on your business and your life? Love, laugh and learn are three items that should be done daily.

4. Do you have two birds in one hand verses the one in the bush? Are you enjoying what you currently have verses what you should or would like to have?

5. In a perfect world with all your goals achieved, what is the impact?

People of influence and achievement surround us in society. What did they accept or overcome to make it to their position? Don’t accept negative responses as nos, but instead look at them as obstacles to maneuver around to reach your goals. This ultimately will make you and your business stronger.

6. “Why?” Ask yourself why you are doing something. The other questions — who, what, when and where — come later. Why eliminates excuses and procrastination.

7. “What?” What is needed and when to make your reach your goals?

Living in the Wabash Valley for more than five years and working with local small businesses for more than a decade, I have realized that business owners often neglect to ask these questions and realize the impact they have on their business. Challenge yourself; challenge your company and your staff. What if Bill Gates had said no to an idea? What if he didn’t question himself? There are a number of opportunities to seize, and it is up to you.

Heather (Penney) Strohm is the regional director for Indiana State University’s Indiana Small Business Development Center.

 

1
Text Only | Photo Reprints
Business
Latest News
TribStar.com Poll
AP Video
Raw: Obamas Attend Easter Service Raw: Crowds Rally at '420' Celebration in Denver Raw: Space X Launches to Space Station Raw: More Than 100,000 Gather for Easter Sunday Raw: Easter Morning Delivery for Space Station Raw: Fire Destroys 3 N.J. Beachfront Homes Raw: Greeks Celebrate Easter With "Rocket War" Man Charged in Kansas City Highway Shootings Raw: Massive 7.2 Earthquake Rocks Mexico New York Auto Show Highlights Latest in Car Tech Raw: Ferry Captain Received Medical Treatment Police Question Captain, Crew on Ferry Disaster Raw: Students Hurt in Colo. School Bus Crash Small Reactors Could Be Future of Nuclear Energy New York Auto Show Highlights Latest in Car Tech Marathoners Celebrate Easter With Tradition Transcript Reveals Confusion in Ferry Evacuation Captain of Sunken SKorean Ferry Arrested Raw: Orthodox Christians Observe Easter Rite Breakfast Foods Are Getting Pricier
NDN Video
Lindsay Lohan Reveals She Had Miscarriage in Reality Show Finale ET Presents The Summer Movie Preview Teen hitchhikes in wheel well of flight from California to Hawaii Marathoners Celebrate Easter With Tradition Celebs Share Their Easter Fun Hundreds Gather for Denver Pot Rally on Easter Lauren Stoner Shows Off Her Incredible Bikini Body At Boston Marathon, a Chance to Finally Finish Dr. Phil Put In The Hot Seat By His Own Wife Jabari Parker's Top 5 Plays From Duke Career Kourtney Kardashian Is a Bikini Babe More Manpower Than Ever Expected At 4/20 Rally Debunk'd: Miley Cyrus AIDS, Cheeseburgers Cause Cancer, Military Warning Bill Previewing the NBA playoffs Raw: Orthodox Christians Observe Easter Rite My name is Cocaine Raw: Space X Launches to Space Station Lohan Gets Candid About Her Sex List The 2014 New York Auto Show Meet Johnny Manziel's New Girlfriend
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
  • -

     

    March 12, 2010

activity