Wednesday, 20 July 2011

Instinct & Planning

According to The Telegraph Online most entrepreneurs rely on instinct to make business decisions.

This is not a surprising statement as it is the general business savvy and passion that drives entrepreneurs to success.

The report, commissioned by T-Mobile, goes on to state that many entrepreneurs are too busy to or even nervous about making positive changes in their business.
This is a saddening side effect of the recession. It shows that some entrepreneurs are overworked and overstretched causing their confidence to falter and their business to suffer.

The unstable economy has driven businesses to cut or downsize the services and employees they introduced to allow them the freedom to grow their business. The sustained fear coupled with the extra work load has damaged creativity and confidence.

However this will not always be the way and when the economy does improve will your business be in a position to make the most of it? Will you have the staff and support available to move quickly and make the most of opportunities?

Finding a balance between instinct and planning will help ensure your business not only survives but is perfectly positioned to thrive when the opportunity presents itself.


  1. No way denying that the recession hurts confidence, but there is always an opportunity out there!

  2. This is a fantastic post. In fact recently I set up a
    virtual offices space London and it has given me great insight and an opportunity to gain new business whilst cutting down on costs.

  3. Proper Planing is the pillar of any business.

  4. Interesting post;
    Although the pressures of the modern business environment may be strong, there are a number of solutions for struggling entrepreneurs, such as incubator programs and short term hotdesking contracts specifically aimed to help small businesses fight the recession.

  5. This comment has been removed by a blog administrator.

  6. For entrepreneurs, having a virtual office is really a great option! Hence, it will not just save you money, but it will also help you maximize your work.

  7. Comment: Instinct and Planning go hand in hand. Kinetics of a simple business theory. Great thought.

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  8. When one door closes another opens! This may sound like a cliché but is nevertheless true! Both instinct and planning are important when it comes to making business decisions.

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  9. Instinct plays a major role in planning. It is one’s instinct that helps him/her in gauging the future outcome and make correct decisions accordingly.

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  10. Creativity and confidence gives way to instinct, a lack of which can damage the business presence.

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  11. Nice post! I liked the way you get to the point - which is always useful. Most blogs are a bit too verbose for me, this one fits nicely. Cheers!

  12. Virtual office space and virtual office executive is a good option for all the starting businessman but still cannot afford to have for an office to rent. This is also advisable if the businessman is not yet so sure about the business and he is just about to try.
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  13. I love working from home. I'm productive, relaxed and really don't miss the commute. However I speak to people regularly who believe that they would hate it.
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