Hi Nemo, here again for the last time. But first I’d like to summarize a few things we’ve learned during this journey:
* Do not delegate important information to messengers. Do it yourself! No matter if it’s good or bad!
* Do follow-ups frequently. Break down the long-term goals into short term goals and follow up on their achievements!
* When you delegate various tasks to your crewmembers, do also delegate responsibility as well! It is a distribution of trust! Essential.
* With a lousy captain or CEO, even the easiest target will be hard to reach, but with a superior boss almost anything is reachable.
* Do take care of your staff and they’ll take care of your business!
* Calculated risk-taking is a natural part of all businesses. But do not overcalculate!
* There are two kinds of decisions: those that require immediate action and those, who give you time to think it over. Do separate those. Do not overreact, when you don’t have to!
* Do realize that discounting is a sign, that has to be understood and reacted on!
* There are always room for improvements within the existing structure, before going for heavy investments!
* Never misstake volume for profit.
* Selling without well thought through plans is as bad as sailing without nautical charts!
* And most important of all! There are only three P.s to worry about. People, Profit and Product. If the People aren’t right – you can forget about the other two!
Both people and machinery need service and vacation once in a while. Our loved ship S/Y Enterprise will soon be looked after on a shipyard and the crew will get a long leave at home. And so, will I!
Good Bye for now!
PS: Bottle shop the sign says. I do hope they aren’t all empty, as I gladly would empty one myself…
Dedicated his full life to business in Sweden as well as in the US, Germany and Switzerland. Also a number assignments all over the world.
Experiences; salesman, sales leader, marketing director, vice president and CEO.