Anything worth having in business and life comes with challenges. You will learn how to overcome challenges and the strategies to overcome them. You need to anticipate challenges. Those challenges are coming, so if you anticipate the hurdles you can have a backup plan in place.
When to use
Whenever you are trying to overcome challenges you must first assess where you are. Be brutally honest with yourself and your team.
When you are driving, and see a speed bump in a parking lot, you don’t freak out because you know you can drive around it or slow down and drive over it. The hurdles in your business are the same. You know the hurdles are out there, so when you anticipate these hurdles you can take some of the sting out of the challenge. Once you overcome a challenge you have another challenge to look forward to because that is how business unfolds.
To help you anticipate the challenges you can do the following:
- Identify the threats
- Market Conditions
- Things outside of your control like governmental regulations, the weather
- Come up with alternative plans
- Have these plans in place so you are ready to roll if the challenge presents itself
These challenges might not always present themselves, but if they do you will have the peace of mind of knowing you have an alternative plan.
Lesson notes are only available for subscribers.