<p>If youâ™re in business, youâ™re going to make mistakes and youâ™re going to occasionally fail. Thatâ™s okay, because thatâ™s how you learn and how you get better and grow. The key is to minimize the impact of your mistakes and failures. Make your successes big and your failures small, and youâ™ll always come out ahead.<br />
The best way to do this is to test before you implement. Never assume that any idea will work; always test it for proof. This includes marketing ideas, product ideas, operational systems, and anything else that will affect your company.<br />
Testing allows you to keep your failures small and make your successes big. Take marketing as an example: Donâ™t go out and blow your entire budget on one idea. Letâ™s say you have three different marketing ideas and youâ™re not sure which one will work the best. Your total budget for the year is $100,000. Instead of picking one of those ideas and taking a chance on spending your entire $100,000 on it, test all three with budgets of $10,000 each. When youâ™re finished testing, youâ™ll know which idea works the best, and youâ™ll still have $70,000 left to spend on it. And if you werenâ™t satisfied with the results from all three ideas, you can come up with something different that you can test and possibly implement.</p>
<p>Or letâ™s say you only have one idea and a budget of $100,000. Test it on a small scale anyway, because that will tell you whether or not itâ™s going to work. If you spend $10,000 on the test and youâ™re satisfied with the results, greatâ"roll it out on a larger scale. But if you arenâ™t satisfied, at least youâ™ll have $90,000 left to use when you come up with another idea.</p>
<p>You can and should apply the testing concept to any part of your company, including product development, employee recognition and compensation, organizational structure, and general operations.</p>
<p>If you test something that doesnâ™t work and it fails, you didnâ™t lose. You simply made an investment to find out whether you should do a larger implementation. The knowledge you gained was worth the money you spent. </p>
<p>There will be situations when you donâ™t have time to test, when you just have to go with your gut because thereâ™s no other choice and you have to move quickly. There will be other times when you choose to follow your instincts because the risk is low. But if you could have test and you chose not to, donâ™t complain if you loseâ"but more important, donâ™t get cocky if you win.</p>
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<strong>Author's Bio</strong> <br />
<p>JK Harris is the founder of Flashpoints Consulting, LLC, (<a href="http://www.theflashpoints.com" title="www.theflashpoints.com" rel="nofollow">www.theflashpoints.com</a>) and of JK Harris & Company (<a href="http://www.jkharris-company.com" title="www.jkharris-company.com" rel="nofollow">www.jkharris-company.com</a>), the nationâ™s largest tax resolution firm. He is the author of Flashpoint: Seven Core Strategies for Rapid-Fire Business Growth, a popular and respected speaker, as well as a successful business consultant advising mid to large-sized businesses around the world. For a free subscription to Flashpoints newsletter plus a free copy of JK Harrisâ™ ebook, The Mindset of High Achievers, visit <a href="http://www.theflashpoints.com/?utm_source=selfgrowth&utm_medium=articles&utm_campaign=SELFGROWTH" rel="nofollow"><br />
http://www.theflashpoints.com</a>. </p>
<p>Additional Resources on Business Consulting can be found at:</p>
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วันอาทิตย์ที่ 16 พฤษภาคม พ.ศ. 2553
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