CHAPTER 8

Overcoming Entrepreneurial Inflexibility

The degree of agility that entrepreneurs exhibit is rarely constant. It fluctuates based on factors such as recent business successes or failures, personal financial losses or gains, the economy, and obstacles and opportunities your business is facing.

You may demonstrate a high degree of agility when you start a business and continue to try new and different approaches for a period of time, but then you introduce a new product and it fails miserably. Or you have a personal financial setback and it makes you paranoid about a professional failure. Or a competitor enjoys tremendous success with a new product or service, prompting you to respond with a knockoff product rather than pursuing your ...

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