In India, it seems like everyone is a doctor, a lawyer, a consultant, a philosopher, and a know-it-all in every conceivable field! It may sound a bit peculiar, but the fact is that even your office "Liftman"might offer his wisdom when he sense you're having a slightly stressful day.
This is basically a common problem in most of the people, where they are always on their toes to console others even after having no idea or "Gyaan" in that particular field and what we often call such type of people around us " a gyanchand" or "raichand"!! believe me guys these people do nothing when it comes to apply the same gyaan in their own life at times but surely making other's life hell with their little gyaan but full confidence over any subject!
I AM A BUSINESS OWNER AND I KNOW EVERYTHING !
Now, let's dive deeper into , what happens when you're a business owner and repeatedly create such situations within your own firm. You become the sole person responsible, grappling with challenges day in and day out, yet making no progress, essentially just delaying the inevitable disaster.
Being a one-man army might be ideal on the battlefield, but it's not the right approach in business. In Business you don't need to be perfectionalist in all fields but you need to be progressive every time!
This is the unfortunate reality for many business owners who attempt to manage every single aspect whether It's Sales, Distribution, Marketing, Product Planning, Financial Budegting, Staff Recruitment, IT, & more on their own as they believe "AS I AM BUSINESS OWNER SO I KNOW EVERYTHING" Unfortunately, this approach often leads to failure.
DON'T WASTE YOUR ENERGY, CHANNELISE IT IN RIGHT DIRECTION!
In most cases, a business owner becomes the "gyanchand" of their own business, convinced that they are handling everything correctly. However, this approach seldom solves problems; instead, it intensifies them. Always channel your energy toward focusing on revenue growth to achieve your organization's bottom-line goals instead of wasting time and resources on internal issues that make little sense or may not even exist.
BE A UMPIRE, NOT A PLAYER!
As a business owner, your role should be more like that of an umpire. Keep a keen eye on every department, applying your business acumen and experience to add value and gain a competitive advantage for your organization. Avoid being a player who interferes with other "players" (employees, vendors, distributors, and others). This often weakens your brand image and leads others to take you for granted.
DON'T WASTE TIME AND MONEY, INVEST IT !
Better to hire people with expertise and experience in a particular field, find vendors who are appropriate to do job and deliver results as per your expectations. As a Business Owner, Your time is your money, Hire a Professional Business Consultancy Services who works for you and scale up your business to next level after doing thorough market research and background checks which helps you achieving your bottom-line goals.
Become a "Smartchand" for your own instead of remaining a"Gyanchand".