Six Ways To Overcome A Business Roadblock by Forbes – Entrepreneurs

Serebral360° found a great read by Forbes – Entrepreneurs article, “Six Ways To Overcome A Business Roadblock.”

Add another layer to your #Business literacy. We at Serebral360° would love to know if the Forbes – Entrepreneurs article was helpful, leave a comment, like and share. Let’s dive in and discuss the information and put it to use to grow your business. #BusinessStrategy #ContentMarketing #WebDevelopment #BrandStrategy
Info@serebral360.com 762.333.1807 www.serebral360.com
Grap a copy of our NEW Business Stratgety Books #FFSS VOL1 and #FFSS VOL2

Staring down a challenging issue can be daunting no matter how many years of experience you have under your belt. We find it’s helpful to crowdsource solutions from other seasoned entrepreneurs and business leaders, so we asked a panel of Forbes Los Angeles Business Council members to share some of their go-to problem-solving techniques. Here’s what they had to say.

LA entrepreneurs share their best approaches to problem-solving.

Photos courtesy of the individual members.

1. Cultivate Relationships

When I have a tricky business issue to navigate, I gather some expert opinions from trusted colleagues. Developing and maintaining relationships with other business owners is important to your overall success. Also, finding a solution (after asking a few of my colleagues) may involve asking for a referral to an expert for further advice. – Diana Bianchini, Di Moda Public Relations, Inc.

2. Don’t Face It Alone

The top can be a lonely place, especially in the face of challenges. When this happens, call on your network. I’ve made it a priority to involve myself in networks of like-minded professionals that I can go to for advice. Many of these groups have forums and communities you can reach out to for a dialogue about the issue at hand. Also, hire a business coach. – Kelly Howard, EightSixtySouth

3. Reframe The Problem

Usually, no two business situations are alike: market conditions are different, consumer tastes evolve, the lifecycle for purchases are not the same and regulations change. When I face intimidating challenges, I take a step back and apply Charlie Munger’s wisdom of seeing it through different mental models. That helps me reframe the problem that sometimes turns into opportunity. – Debajyoti Ray, RivetAI Inc

4. Ask Others, But Also Trust Yourself

Ask people who have solved similar problems before and who have the expertise in that field. However, be cautious when taking advice. Problems may look similar but they are never exactly the same and sometimes need novel solutions. In that case, trust yourself and go with your instinct. If we solved all problems the same way all the time, we would never invent anything new. – Anna Nguyenova

5. Look For Examples

This is a constant challenge for entrepreneurs. Here is something I have always done: I try to imagine what a professional in that role would do. Look at examples of that kind of work. Imagine what went into that output and how to apply that to your own challenge. The results are surprising. Sometimes surprisingly good, other times surprisingly bad. But I’ve found it to be incredibly helpful. – Brett Crosby, PeerStreet

6. Leverage Networks

Get out, meet face-to-face and be sure to think about what you can offer in return. Know your shortcomings. Great leaders ask for help and surround themselves with experts to offset knowledge gaps. Read up and research. Look to online resources like Reddit, Quora, LinkedIn and industry forums. Don’t be reticent to ask questions where experts virtually convene. – Stacy Katz, Stacy Katz Communications

April 9, 2019 at 09:00AM
https://www.forbes.com/sites/forbeslacouncil/2019/04/09/six-ways-to-overcome-a-business-roadblock/
Forbes – Entrepreneurs
http://www.forbes.com/entrepreneurs/
http://bit.ly/2CMy7Yu