[ IDEAS &
OPPORTUNITIES ]
Trends By the season Home-based Part-time stint Success stories [ FRANCHISING ] Get a franchise Franchise your
business
[ GET STARTED ] Startup tips Ask Entrepreneur Workbook Resource center [ GROW YOUR
BUSINESS ]
Sales and marketing Operations Strategies Expansion
Username  Password  LOG IN|REGISTER NOW

Get Weekly Updates

Free tips and advice to grow your business!

Get Entrepreneur Philippines Everywhere

Get Started

Strategies vs. Tactics: Why it pays to know the difference

By Aileen Santos, CPC MAC

Jun 24, 2012

Still overwhelmed with all the ideas in your head about how to make your business work? Let me tell you about one of the powerful ways to avoid the trap of working in your business instead of on it: Increasing your awareness about the difference between strategies and tactics.

 

What's the difference?
Strategies are broad concepts, ideas, and insights you've learned--from reading materials, seminars, coaching, or actual experience--about the best ways to do things. Good strategies give you a better perspective about why things happen (or don't happen) in your business, and help you predict future outcomes.

Here are some strategies that have worked for other entrepreneurs:

  • Focus on "baby steps." Just get one priority task done each day.
  • Apply the 80/20 rule for maximum results using minimum effort.
  • Use Social Media as a viral marketing tool.
  • The early months are about building a reputation, and not about making money (yet).
  • Spend less time researching and more time taking action.

 

Tactics, on the other hand, are the specific steps you take--actions--in order to achieve results. Most tactics are processes and techniques that you implement in your business that directly (or indirectly) lead to making money.

1 2


Comments     Email to a friend     Go back to Get Started

Comments

1. chibO says: I like this article... as a new entrepreneur, this article gave me an idea what to start and when to do it. Thanks!
October 24, 2009 at 7:46PM

Business Opportunities
Looking for a new business? Find opportunities here
Business Matching
The best place to look for suppliers and business partners
Investment Opportunities
Know where to place your investments
Source of Funds
Looking for ways to fund your business? Find them here
Buy and Sell
Find the right suppliers and clients for business equipment and other products
Rent, Lease or Sell Real Estate
Earn money from your properties. Post your advertisement here
Franchising Opportunities
Anything and everything about franchising
MLM and Networking Opportunities
Expand your network here
News and Announcements
Get the buzz from fellow entrepreneurs
What’s Your Problem?
Let’s solve your business woes
Starting and Running a Business
Your guide through the start-up maze
Business Tax, Accounting and Government Requirements
Swap tips and get advice on juggling your business journals