Seven Traps That Kill Small Businesses

Trap #7: Losing Clarity on Vital Issues

Return to Seven Traps title page

This is the seventh video in a seven-part series that examines poor management practices and habits which kill thousands of small businesses each year. For other videos in this series, see the links to the left."

In this final video of the series, we examine the tendency for small business owners to become so distracted by the day-to-day pressures of running and managing their business that they lose focus and clarity on vital issues.

The video provides practical guidance on identifying your essential core values, strategic values, and operational values. And it shows how these relate to your vision and mission statements. It also provides basic guidance on putting together vision and mission statements that define the thrust of what your company is about.