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Interview Patty

3 Lessons Entrepreneurs Can Learn from Global Companies

Houston Advice for Women-Owned Businesses

1. Outside perspective. - For some entrepreneurs, an outside perspective on a problem or struggle you’re facing can feel like an unwanted second opinion. However, it’s important for entrepreneurs to remind themselves of the value of context. Context is the lens through which you can view the current state of your industry. Working with peers and experts in your industry can provide this context by using what they know and have experienced to inform your future decisions and strategies for your growing business.

2. Operational expertise. - Entrepreneurs and business owners have a lot of tough decisions to make -- what to prioritize and what to let go, what to spend money on and what to cut, who to hire and who to fire. There’s always some type of balance to be struck or some compromise to be made in order to get where you want to be. For most, that’s true of life in general.

3. Strategic guidance. - As an entrepreneur, passion and drive for your work matter just as much as the team that shares your passion and drive. Part of being a successful entrepreneur is forming your tribe, a group of people you turn to for advice and strategic guidance. These could be people in your industry, past mentors or other successful entrepreneurs like you.

Source: Entrepreneur

Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.

Houston Advice for Women-Owned Businesses.

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