To win in business and life – you need to be good at both…
Important int he early stages even if working on your own
Efficiency – undertaking things the right way
Effectiveness – properly completing the right things
These should be in the DNA of your business as it grows.
Efficiency is managing the inputs in your business – having the tools to get things done.
In business these inputs achieve outputs.
Never cross the line to squeeze cash time and effort too much that means quality suffers.
Listen to the latest episode for a run through of examples of efficient practices and some inefficient downfalls that you may face.
Effectiveness – effectiveness is the measure of the efficient processes we follow.
Know what the priorities are – get the right things done first and use your time the best that you can.
Review and refine the process to keep perfecting the balance of the efficiency to get the high effectiveness.
As always, thank you for listening! Beth