Simple rules of strategy

Some inputs on strategy

Know the EXISTING

1. What business are we in?

Define business. What is the common point linking everything. Put it into words.

2. Where do we make money?

Monetize the things and know what you are doing special that you are getting money.

3. What should we be in?

Create forward thinking. Where we should be to make use of the point 1 and get point 2.

DECIDE

1. Should we compete?
2. What are we good at?
3. How do we compete?

Its PASSION and TALENT which matters and that too in the same proportion. I would say PASSION matters more. Yes with a pinch (garnishing) of POSITIVE ATTITUDE

Think NEXT

1. Go LOCAL
2. Catch LOCAL
3. Catch BUSINESS