In the business world, knowing when to take action can be the difference between your company’s continual growth or eventual decay. Timing is everything.
The coronavirus pandemic has created significant challenges and uncertainty for many, particularly those in the housing industry. While these challenges are substantial, now is not the time to simply stand idle and hope your business is lucky enough to survive.
Now is the time to:
Be proactive, not reactive. Surveys have shown most successful people want at least 80% of their efforts to be proactive and no more than 20% reactive. In recent months, many business leaders were pressed to be 80% reactive. Functioning this way is neither sustainable or beneficial to a successful business. It is critical now to move back to being predominantly proactive. List the things you can control and adjust your business plan accordingly. This will not only make you productive but also help your mindset.
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