I was reminded this week how important it is to be able to feel that one has a measure of control in life and in business. One of the worst feelings for anyone, and for a business owner in particular, is the feeling of being out of control. Perhaps you’ve experienced that feeling; the sense that someone somewhere is pulling strings that impact your ability to be successful – and you have lost control.  Many times there are in fact powers beyond our control: regulatory changes, economic challenges, or acts of nature to name a few.

On the bright side, as Sir Francis Bacon reminded us, “Knowledge is Power” and with power comes the ability to control. With the right knowledge at the right time you can alter the course of your business and take back control. The important point here is to know what information you need, when you need to have access to that information, and how to get it.  Read more...