PKF Texas: The Entrepreneur’s Playbook® - Balancing Vision with Demand

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Greg Price
Episode: 246
February 20, 2010

Summary:

Balancing long-term vision with short-term demands gets tricky in a fluctuating economy. Greg Price knows the secret to meeting both goals.

Full Interview text

Greg: This is Greg Price with PKF Texas' Entrepreneur's Playbook.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?"

To read and comment on the PKF Texas' Entrepreneur's Playbook, visit my blog, fromgregshead.com. And be sure to check out the new mobile ready website at PKF Texas.com - PKF Texas, The Fit That's Right!