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Alpha Businesses

After last week’s epic post I’m going to keep it brief this week.  Here’s some wisdom from a training course I attended last weekend.

The trainer made an interesting distinctions between ‘A’ type and ‘B’ type businesses.

‘A’ Type businesses:

  • Have specific and detailed goals laid down in a written plan.
  • Are happy to invest in the correct tools to get the job done.
  • Take responsibility for everything they do.
  • Pursue continuous professional development.
  • Make clear decisions.
  • Will seek out specialist coaches and mentors and put themselves outside their comfort zones in order to learn and develop.
  • Demonstrate staying power and tenacity in the face of obstacles or adversity.

‘B’ type businesses:

  • Keep ideas in their heads, rather than write them down.
  • Avoid investing in tools.
  • Foster a blame culture.
  • Believe that learning ‘by doing’ is the best route.
  • Make excuses rather than decisions.
  • Don’t trust or like learning from experts.
  • Give up easily.

This sentiment makes SO much sense to me, I have nothing to add.

(The training by the way was offered by Win Investing and was absolutely first class.  Their marketing leaves a bit to be desired though.)

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