A stronger strategy comes from what you exclude!
Strategy is about setting a clear path for growth. If you're constantly moving sideways - chasing quick wins or easy money - you're not following a strategy, you're just reacting. Every detour slows you down or risks taking you off course altogether.
A real strategy isn't just about what you pursue - it's also about what you're willing to sacrifice. You can't chase every opportunity and expect to move fast in a single direction.
Want to test whether you actually have a strategy? Make a list of all the customer segments and revenue streams you could explore - but have deliberately chosen to ignore.
If you haven't ruled anything out, you don't have a strategy. If you've ruled out only a few, your strategy may still be unclear.
To sharpen your focus, make a list of all the possible paths - and start crossing them off. The more you eliminate, the clearer and more effective your strategy will be.
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