An IT asset is any information that the company owns, their hardware or system that they used in business activities for that company. The process of IT asset disposal can be fraught with risk but the most risky element is environmental compliance with the federal and state regulations. There is also the disaster that could happen if the company’s assets were discovered leaching toxic materials in the environment, processed under unsafe working condition overseas in a dumping ground, or moldering in a landfill. To ensure that your IT asset disposal is in environmental compliance here are some key facts that you should know.
As an entrepreneur, you have a certain amount of judgment and instincts that has led you so far. Now you’re hearing the call to climb the next peak. To spread your wings and take flight with your business once again. But then doubt creeps in. You wonder if it’s the right time. You wonder if your resources will be wasted. In short, you wonder if you can trust your judgment again.
I want to say this is most likely the case, but I also want to illustrate some concrete signs that your instincts are indeed in tune and the time has come to pull back the curtain on a bigger version of your business.
You’re Turning Down Business, Including Exorbitant Offers
People want your business, but you have the luxury of being choosey about who you work with. People offer to overpay or guarantee long-term work. They’re trying to sweeten the pot. You know you’re already spread thin or that everybody on your team already has their hands full. That’s one of the best signs that you have been undervaluing yourself. You’re being shown a sign that others see value in you and your business that even you don’t understand..
Strong Cash Flow From Repeat Sales/Return Customers
Return customers build dynasties. You have to work so hard to earn that kind of trust. Once you have it, it builds a stable foundation from which you can launch the next phase of your business. I would let these return sales cycle through a couple of times. No matter how confident you feel, due diligence is always the proper path.
You Trust Your Team To Deliver
This one is a little harder to measure, but it is so important. Ask yourself, and answer honestly, if you trust your team or not. If the answer is no, work to build that trust. Mutual trust is how you build deep-rooted strength in your business. It’s the foundation from which you can launch big growth. Remember, trust is a two-way street. Give your team a reason to trust you, and then you will learn how to trust them in return.
You are guaranteed to fail if you’re not committed to being actively involved, learning the sociology and workflow — no matter how good you think you are. You must define objectives and strategies to fuel success, and this must be a continual process.
You’ve Figured Out A Way To Scale Up With Minimal Risk
Smart risk beats every other form of risk. Here’s the zone you want to play in: You’re firmly anchored to the foundation of your business, but you have a hand free to reach for new heights. That’s the safest way to proceed. The people and families who depend on your leadership and judgment will be grateful if you exercise wisdom when you’re hearing the call to take the next risk for your business..
You Know It In Your Heart
It’s all about that same inner voice that guided you when you made your first pitch or brought your first partner on board. It’s not about pressure from external voices or exuberance in bullish days. Trust yourself and think big!
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