Honest Feedback for Entrepreneurs - by Ravi Patel

 

 

In order to continuously improve themselves and their business operations, Entrepreneurs need honest feedback.

 

While their other employees may be somewhat reluctant to do so, hiring key management personnel who can provide honest feedback may be quite valuable. Obviously there is a fine balance that senior management employees need to maintain between being perceived as criticizing their boss versus being loyal to the company.

 

Entrepreneurs need to surround themselves with key neutral advisors who are open to providing honest and realistic feedback to Entrepreneurs. Such advisors could be informal friends and business associates, members of a Mastermind Group, or Board of Directors.

 

It is of course necessary for Entrepreneurs to be ready to accept such honest feedback.

 

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