Common Business Traps: After Work

Let's face it-all businesses and organizations run out of energy after a while.

This is true both of pre-digital and digital era businesses and organizations. The more things change, the more we have to adapt, and limitations abound.

The world changes around us, competition globalizes, economies rise and fall, business cycles override our dreams, and everyone has to ask what to do when it's time to retire the sweater.

So at what may be 'final stage' in your company's life, as it has known it, you will still have a lot to keep you busy.

The predictable average outcome for a company is a decline through stultification, inertia, apathy, loss of momentum or back-watering as innovation dies. Even those digital haymakers eventually stopped selling, didn't they?

If you think that your company has entered a state of irreversible decline, and is past the renewal stage that we call Loss of Vision, your focus should be on your new life after work, the good things that await.

By working out an optimal end-game you stand the best odds of consolidating you learning aned experience. This is vital in terms of your future decisions on your next moves in work and life. Use the end-game to conceive and create a new future.

Are thoughts like these coming to mind?

• Partner meetings are like a tag-team-wrestling match.
• Who changed the rules?
• One of my former employees is threatening a costly lawsuit over dismissal.
• We simply cannot compete with those programmers overseas.
• Currency arbitrage is ruining us.
• Financing costs for the planned restructuring are killing the deal.
• The more we expand the more paperwork grunts we have to hire.
• Financing costs for the planned restructuring are killing the deal.
• I hoped that she would take over, but the competition made her an offer she couldn't refuse.
• Capital injection means giving up control to the bank or to outside investors.
• Maybe I could find some other ways to make money and have fun.
• Sometimes I wonder if I'm part of the problem - it may be time for others to make decisions.
• Maybe I should have stayed out of the family business.

Pragmos looks beyond the mere financial aspects of this stage to consider how the key players can best benefit from the end-game. Success means, literally, a flowing on from one event to another. We'll ensure you make your success a smooth one. A good ending often spells a good startup and a better future. Sometimes it's the best result you can achieve.