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Post by billyg on Sept 17, 2013 10:38:40 GMT -6
INSTANT MBA: Reality TV Star Says Small Business Owners Don't Understand When They're The Problem
Tabatha informs her readers that many small business owners are often against the idea that they or their methods could be the reason that their company is failing. Just as anyone would feel, these business owners have the primary belief that they know what is best for them or their company. A key part to owning a business is being able to accept responsibilities for things. If the owners are able to recognize that their old ways might possibly be the reason their company is having issues and are able to make changes, the company stands to benefit greatly. This idea stretches to anything within and outside of business. As long as some one is able to consider themselves the cause of a problem and not just others, there will be a greater chance the problems can be fixed. i have always and always will consider myself a possible source of an issue so that I do not overlook anything when attempting to find a solution.
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Post by ashleylevernharrison on Sept 18, 2013 21:47:35 GMT -6
INSTANT MBA: Reality TV Star Says Small Business Owners Don't Understand When They're The Problem
This article relates to another article that stated that you have to be able to change when the business changes. Some business owners just can't do this. They can't admit when they are wrong and change their way of thinking. They are very stuck in their ways and this is what ends up making the business fail. In order to have a successful business you must be able to adapt to the changing environment. You must be able to admit when you are wrong and change your way of thinking. You also have to be open to the ideas of others. This will ensure the success of your business.
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Post by arielberthelot on Sept 21, 2013 10:56:48 GMT -6
INSTANT MBA: Reality TV Star Says Small Business Owners Don't Understand When They're The Problem
I completely agree with this. My family owns a few small businesses and I don't think it's the fact that owners don't like change, but more of the fact that in a small business there is one person that makes all the decisions. In a bigger business there are a few different people who sort of make the decisions for the owner. They have decision making groups and the top dog might make the important decisions, but as for the other decisions about how the business operates in a certain department will rely on the decision making of that top management. So getting back to what I was saying small business owners pretty much make every decision so change is hard when you have one person operating everything.
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Post by phenry on Sept 21, 2013 11:34:29 GMT -6
Instant MBA: Reality TV Star says Small Business Owners Don’t Understand When they’re the Problem This article is important for anyone to read who may be in denial about a particular situation. Often times it takes someone to hold up a mirror to yourself and point out the things that need changing in your life in order to be successful. Most people know when they are “in the wrong” or doing something incorrectly, they just don’t have the courage to correct it. Correcting the misbehavior takes change, and a lot of people are not willing to go through the discomfort of breaking a habit.
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Post by cory on Sept 23, 2013 10:38:16 GMT -6
INSTANT MBA: Reality TV Star Says Small Business Owners Don't Understand When They're The Problem
This article is similar to some previous articles that we have read. It is basically stating that accepting the need to change is one of the most important aspects of being a small business owner or entrepreneur. The woman in the article goes to various salons that are struggling and she tries to fix the problems that they are facing. I haven't personally seen the show, but I have seen the commercials for it while I was watching Top Chef. It seems the salon owners always have a difficult time accepting that changes must be made, but it is necessary if they want their business to thrive. This applies to all industries and all managers. You must accept change when change is needed and learn from your failures instead of accepting them as defeats.
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Post by jessicareid on Sept 24, 2013 7:50:41 GMT -6
INSTANT MBA: Reality TV Star Says Small Business Owners Don't Understand When They're The Problem
Tabatha Coffey has a show on Bravo network called Tabatha's Salon Takeover, where she visits a struggling hair salon and makes various changes in order to make the business profitable. She therefore has a lot of experience with entrepreneurs, many of whom never actually took business classes, instead going through cosmetology school and figuring they'd figure the rest out as they went. A lot of the time it is ignorance, pride, and the appearance of authority that makes these small business owners reluctant to accept good advice. However it is important for these entrepreneurs to understand that if something isn't working, even, or especially, if it's what you've always done: you must change it,.
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Post by christiebrown on Sept 26, 2013 19:21:19 GMT -6
A lot of people are afraid of change and are not willing to really try something new. I think that a lot of businesses fail because the owner and managers refruse to realize that there are issues that could be fixed if they would change their approaches and ways of running the business, but they choose to continue on the same path that they were doing before, which ultimately was not working for them in the first place. I, for one, do not like change myself, so I could see how accepting that change needs to happen could be difficult for someone who invested a lot of time and money into a business that they thought would work.
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Post by darrell2009 on Oct 1, 2013 22:57:22 GMT -6
INSTANT MBA: Reality TV Star Says Small Business Owners Don't Understand When They're The Problem I agree with this article,but we also have to keep in mind when there are some owner out there who would like to take that initiative in trying something different are changing for the greater good sometime owner are face with no other option. We have to look at thing for the owner point of view taking every detail he know about the business he is current been running for years and taking that into play before just throwing random business improvement sometime there are face with no alternative.
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Post by tevinrapp7 on Oct 7, 2013 13:28:40 GMT -6
INSTANT MBA: Reality TV Star Says Small Business Owners Don't Understand When
In order for a small business to change the owner must change his ways for the better of the company. Many owners are not willing to change but change can be good and beneficial to the company as a whole. Many small business dont have many leaders. Since there is only one leader in a small business that leader has to deal with change and adjust to new technology and innovation needs.
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Post by w0426116 on Oct 16, 2013 18:49:37 GMT -6
When dealing with your own business sometimes things that you envisioned might not happen picture perfect, but in order to be a successful and efficient owner, one must be able to adapt to change and take step back when things aren’t working. If the owner continues to be ignorant or arrogant to the face that maybe his original business structure isn’t working then he or she will soon see their prize possession come crashing down before them .
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Post by alyssatudor on Oct 21, 2013 18:55:19 GMT -6
"Small business owners are most reluctant to understand that they may be the problem. It's always hard to change and hearing that you may be the one that needs to change can be extremely hard for many owners." Knowing that you are the problem and understanding how to work it out can be very important for you to make your business work. If you aren't able to fix the problem and know how to make it something that won't happen again then your business might not make it. Knowing these things are something that you could use to make you business better.
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Post by w0384905 on Oct 23, 2013 13:01:35 GMT -6
INSTANT MBA: Reality TV Star Says Small Business Owners Don't Understand When They're The Problem
I believe and agree with this statement. No one likes to admit that they are the problem especially if it's your idea from the get go. As a business owner you have to be open to new idea and understand your business. You also have to care about the people working for you and also care about your customers. If you don't invest the time and if you're not open to change you will not do good in the business world. So stay open and listen to any and all new ideas because potentially it could save your business.
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Post by thomas129 on Oct 24, 2013 17:47:12 GMT -6
Link of the Day #15 Instant MBA Reality TV Star says small business owners don’t
understand when they’re
This is a big problem with small business owners. I know personally I am stubborn.
If someone from outside of my business came and told me that my business is failing
because of me, I would be hesitant to listen to them. But usually the owner is at fault,
because they don’t like change. People in general do not like change. They would
watch their business crash and burn before they realize they are the issue and they
need to change something about their business.
Link #16 Instant MBA Think Smaller than your competitors.
I like how Mit Bendov thinks. Instead of trying to out power the competition, take
a different approach. Take a well know product and making it simpler to use. For
instance the vaccuum. It has had the same design for years. Then Dyson came up
with the vacuum with the ball on the end to help guide the vaccuum in tighter places.
Simple idea that seemed to work out great for the company. They also brought out
the bladeless fan. Simple and easy for the consumers to use. So I agree with this
approach for new companies trying to gain an edge in the market.
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Post by rpajares41 on Nov 3, 2013 17:47:07 GMT -6
This article has a valid point, for one if your business isn't successful and it hasn't been for a while, the owner is to blame not anyone else. This article ties into one we previously did where companies need to be open to change, if they didn't get the memo than they should probably look into the basics of business for help. Perhaps maybe sit in on a freshmen business class or two at the local university. A business as I stated before always needs to be receptive to change especially if it is a small business. A small business needs to change due to the fact that there are large corporations everywhere and they are very successful, so the only way to counter that is to create an advantage that you have over everyone else. If one proposed advantage in turn doesn't become one, learn from it, scrap it, and start over, this is the life of a business owner, welcome.
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Post by brichoux on Nov 4, 2013 17:50:28 GMT -6
INSTANT MBA: Reality TV Star Says Small Business Owners Don't Understand When They're The Problem
Change for small business owners can be incredibly difficult.In a larger corporation, blame can often be the owners fault but with so many moving parts it is tough to identify who is truly to blame. Small business owners are involved in nearly every aspect of the business, so if there is something wrong with the business it is inherently the owners fault. If the business is failing, small business owners can become defensive because of how close their business is to their heart, they take true ownership. I've seen small business owners that can not adapt to an ever-changing environment crumble because they were just too stubborn. To be a small business owner, you must be able to self-examine and change.
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