From the CEO's Desk: Making Big Decisions

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Access Points Podcast

Business


Every entrepreneur and business leader has to make decisions in their business, and decision-making can be difficult. It's not just about the decision itself, but also how you planned for it and what happens after.   Decisions may not be perfect the first time. Making an initial decision is sometimes all it takes to get you closer to your goal. Remember that there are no perfect decisions, only ways to improve upon them. You can always pivot when things don't work as planned.   Key strategies to making a successful decision: Find a mentor Be a part of an organization or network with people with whom you can bounce ideas off of Make a decision and then pivot if it doesn't work   In today’s episode of the ACCESS Points Podcast, Tim and Davin will talk about a topic that every entrepreneur and business owner takes - making big decisions. They will share insightful ideas about how to make it and how you should go about making a decision.   Enjoy!   In This Episode 2:01 - Why making decisions is one of the hardest parts of being an entrepreneur   4:32 - How to find help when making difficult decisions   7:14 - The power of networking   10:51 - How to jumpstart your decision-making process   14:32 - How ACCESS leverages its leadership team in making decisions   Favorite Quotes "Including other people, you know, like a stakeholder type meeting and just allowing them to bring their perspective and their subject matter expertise to the table to fire back against what you may think is the greatest idea in the world really helps an organization grow." - Davin Marceau   "When you need help, find somebody that even if they haven't been in your business before or business like yours, they've been doing this for a while. And more likely those people are really willing to help and they want to help." - Tim Elliott   If you're an entrepreneur, you probably have surrounded yourself to some degree with people who have been down your path before. They've likely made similar mistakes that you're about to make if you don't listen." - Davin Marceau   "No one's going to make the decision for you. But they're going to give you some things that they've done in the past that give you the ability to think through and help you understand the steps to take in order to make some initial decisions." - Tim Elliott   "As entrepreneurs, we always think of networking as leads. So I would say as an entrepreneur, just as important as those leads are, is to network and get into an organization or a group of people that are also entrepreneurs or that have been entrepreneurs." - Tim Elliott   "The people you shared those ideas with, if they ask for feedback, give it to them because they're trying to learn from your either success or mistakes. But don't announce to the world that this is what I've done and this is the best idea ever. Because more than likely, it won't go exactly what you thought and what will happen is you let your ego drag you down that path to stay in an area where you don't pivot." - Tim Elliott   "Have the courage to believe that you may not have the best idea. Include the people inside of your company who know and who have the courage to push back." - Davin Marceau   "You have to make a decision and be bold about the decision. But do not have the ego to stick with it when it's not working right." - Tim Elliott   Visit ACCESS EFM: Website Facebook LinkedIn Twitter   Click here to listen to Access Points Podcast