Business 101: Short and Long Term

Published on Jun 24, 2008   //  Business Topics

Starting and running a business can be a very complicated process. There are just so many things that you have to take into consideration and when the bills start piling up, you may feel inclined to make a few quick bucks to alleviate that burden. I can understand the desire to do so, but it is in your best interest to keep true to your vision throughout the process.

You may come across an opportunity where you may be able to over-charge or possibly deceive a potential customer. Greed being what it is, you may feel inclined to take advantage of this opportunity. This is the kind of scenario that pops up with hosts that lie. DON’T FALL INTO THIS TRAP!

Honesty is oftentimes the best policy. In the short term, lies and underhanded tactics may be able to land an extra sale or two, but these indiscretions can come back with a vengeance and ultimately hurt you in the long run. It is important that you keep your long term goals and long term business plan in mind when you are making any business decisions. Be strategic, be crafty, and be innovative, but never sacrifice your integrity in the process.

Only then can your business succeed in the long run.

1 Comment to “Business 101: Short and Long Term”

  • I always look at the long term when I am going into business… any project I do.. I don’t worry about short term because that is not what will matter later on!