Ep 86 - Why Small Businesses Need Strategy Too

In this episode of the Life-Friendly Business podcast, Erin Thomas Wong discusses the misconception that strategy is only for larger businesses. She emphasises that even small businesses can benefit from strategic planning to ensure growth and alignment with personal values. Erin identifies common challenges faced by entrepreneurs, such as feeling overwhelmed and lacking direction, and offers practical steps to develop a strategic approach. She highlights the importance of intentional choices in marketing and visibility, encouraging listeners to embrace their role as CEOs of their businesses.Download the free Making Decisions With Clarity checklist www.lifefriendlybusiness.com/decision TakeawaysYour business is not too small for strategy.Having a bit of strategy can help you grow.You might be busy but not seeing progress.Being strategic helps cut through overwhelm.It's important to revisit foundational elements regularly.Strategy starts with intentional choices.You need a clear picture of your business to be strategic.Planning your marketing can enhance visibility.You are the chief decision maker in your business.A little intention can go a long way in business.------------------------------💥 Erin helps women adopt a life-friendly approach to growing their business through her membership, mastermind and podcast.❓ Find out more about how she can support you:⁠⁠www.lifefriendlybusiness.com🎙️ Subscribe on your favourite podcast player to be notified of new episodes — and if you enjoy the show, please leave a review!