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Challenges Faced by New Entrepreneurs in Managing Businesses.
As a new entrepreneur, I have just started my career, and I am facing the challenge of managing my father’s business. Although I am excited about this opportunity, I am having difficulties balancing short-term and long-term goals when it comes to business planning. I seek advice and guidance from those with experience in this area. Can anyone offer any insights on how to manage these competing priorities effectively?
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2 Replies
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899
As an entrepreneur, balancing short-term and long-term goals can pose challenges. However, a helpful approach is to establish clear and attainable goals. When defining your goals, it is crucial to acknowledge both significant and minor tasks and prioritize accordingly.
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766
After prioritising your tasks, allocate your resources based on your goals and priorities. Ensure that the help you receive is well enough to achieve your short-term goals without compromising your long-term or future objectives.
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