PKF Texas – Entrepreneur’s Playbook®:Balance Long Term Vision with Short Term Demands

by | Feb 19, 2010 | PKF Texas - The Entrepreneur's Playbook®

Note: Running Fridays in FromGregsHead.comis a continuing series of tips brought to you by Greg Price. These run Saturday mornings during the BusinessMaker’s Radio Show on KPRC 950AM. Audio files can be found on the PKF Texas – Entrepreneur’s Playbook® page of the PKF Texas website. 

These days, it can often be difficult to keep your business’ long term vision in sight as you balance the short term demands of this new economy. Maintaining this balance is more important than ever. Some things to keep in mind:

  • Make the time on a regular basis to think about and plan for the future. Have a regular meeting with your executive team or advisory board.
  • Marketing and business development are critical now to keep your pipeline full, which sets the stage to hit your long term growth goals.
  • Talk with your clients about what is going on in their business and really listen to what they tell you. Their growth and ability to continue to use your services directly impacts your long term goals. If their needs change dramatically will you still be or want to be their go-to resource?
  • Be flexible and ask yourself, “Are the long term goals we set for the company still relevant? And is that still the direction we want to go?”

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