Accepting Feedback

Entrepreneurs receive comments, criticisms, suggestions and feedback from many different quarters. Whom to listen?

Entrepreneurs can’t let criticism from outsiders with limited perspective and facts affect them. Critics often make comments without a lot of information or understanding the circumstances behind certain entrepreneurial actions. Such feedback might bother Entrepreneurs but they should accept such with a grain of salt, if not totally ignore it.

However, heed to valid feedback from insiders. In fact, 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, key stakeholders or the Board of Directors.

Entrepreneurs should not dismiss all negative feedback, but they should discern what is valid and what needs to be discarded. Be willing to accept valid feedback.

Ravi Patel

www.patelCFOservices.com

 

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Published in: on August 20, 2013 at 5:23 am  Leave a Comment  
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