Small business owners rely on ‘gut instinct’ – *gulp*

Research released by T-Mobile shows that 56% of the UK’s small business owners would rely on gut instinct to make decisions about the future of their business.

The results found that 56% of small business owners believe that nothing stops them making change in their business, and 36% initiate change more in their business life than in their personal life. The majority (81%) believe themselves to be optimistic by nature. This perhaps explains their proactive attitude to initiating change in their businesses. 23%, however, describe themselves as ‘being too busy’ to make positive changes to their business and 20% admit to worrying about change.

Hmm – I wonder if this is a good thing or a bad thing?

At least, I guess, action is being taken but based on what? Is this necessarily going to achieve results?

Without making an informed choice to base a decision I am not convinced that this is going to lead to success.

My money is on having a defined plan and making decisions based on measurable targets.

What are your thoughts?

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