Old habits
Old habits

In the finance world habits can be deadly for your business. You must always be on your toes and you always have to think of ways to improve on what you’re doing. Try to think of it as a game of texas hold em: you know your hand and you know the cards that are on the table, but you have no idea what everyone else has in their hand. And although you might have a good hand, maybe even the winning hand, you’ll only know for sure once the showdown comes. Until then you have to try your hardest to stay on top.

In finance you might know the market and you may know the potential of your company really well, but you have to keep in mind that you never really know what your competitors are going to do. So you need to be on your toes and make sure that you can prepare for surprises. And this means, like we talked before, that you cannot be caught napping. Falling into old habits is fine when they’re proven and they’re the right thing to do, but if you don’t question them every once in a while you can have a bad surprise.

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