Your predecessor’s strategy isn’t going to work anymore

Most of the businesses I run over the years were grass-roots, pull-your-self-up-by-the-bootstrap ventures that I both dreamed up and implemented. So last year when I took over a business that had been around for 32 years, it was a brand-new beast. I had to very quickly learn a brand new set of skills. Taking over required a different mindset than building from scratch.

The first thing I realized was my predecessor’s strategy (which, honestly, worked really well for her), wasn’t going to work for me. But, I also didn’t need to demonize it and traumatize the employees by throwing it out the window suddenly and without transition.

Might Be Interested

Other Posts.

Starting a new business? Never do this…

It was the biggest mistake of my business career. It cost me roughly $35k over the course of ...
Read More

How a DISCOVER Card Made Things Simpler

As my wife's parents aged, it became necessary for the kids to become more involved in their day-to-day ...
Read More

Every business owner needs to remember these 5 things

Not every day is going to be a winning day. Not every week, month, quarter, or year will ...
Read More