Determining the problem IS the problem
Today’s guest contributor is Bill McBean, author of The Facts of Business Life: What Every Successful Business Owner Knows that You Don’t. Bill spent many of his nearly forty years as a successful business owner in the automobile industry. Since selling his company, Bill has been involved in several new businesses, including McBean Partners, an investment and business mentoring company.
In the late 1980s, when I first read Stephen Covey’s The 7 Habits of Highly Successful People, I learned a number of things that I’ve used throughout my ownership career. (In fact, it’s why I still recommend the book to young business people today!)
One of the most important of these is that when there is a problem in your business, the first thing you have to do is determine exactly what the problem is.
