Tag Archive for 'diligence'

Accept due diligence to take action

Photo credit BreakThroughTraining.com

Photo credit to BreakThroughTraining.com (CC)

When the next step can be determined by acquiring information, conducting due diligence takes care of that. Sometimes the next step involves the other party in a transaction, which can be handled by negotiations. Often, finding the capital to fund a project moves us to the launching point.

But ultimately, the time will come when there’s nothing left to do but make the decision — go or no go.  And that decision, my entrepreneur friend, will be all yours.

When that time comes, if you’re normal, you will imagine the opportunity.  If you’re prudent, you will consider the risk.

You’ll definitely find out what you’re made of.  You’ll find out how much you trust your business acumen and instincts, and how much of a risk-taker you are.

Next time you’re poised on the brink of a decision, taking measure of yourself and the issue at hand, remember the words of the 19th century literary great, Alfred Lord Tennyson, who wrote, “The shell must break before the bird can fly.”

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