CHAPTER 8

Developing Priorities

In a world where opportunity costs must constantly be taken into account, entrepreneurs walk a tightrope between making correct and effective decisions, which can either win or at times fail. A decision that worked for a situation may not work for the same situation again.

Why is that?

The simple answer is that the circumstances of a situation do not remain the same at all times. There will always be something different, such as political events or elections, volatile exchange rates, economic release of statistical data, and a host of other possible macroeconomic variables. There is a dire need to understand that each decision must be made on a sound foundation of knowledge, as pertaining to that specific time ...

Get The Rainmaker now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.