What leadership lessons does small business have for big business?

Here is an interview that Paul Mitchell had with the owner of this blog about leadership in business. Paul Mitchell, well know author and keynote speaker asked me what lessons small business had for big business.

Listen to this interview and judge for yourself. Does small business have a lesson for big business to learn? What is your experience? Please add a comment below.

In the interview I told Paul that the lessons for big business are as follows:

Small business owners have to do everything. They need to act quickly and be responsive.

They had to be bold and make decisions based on sometimes insufficient information.

They need to be courageous and trust their instinct. They have to realise that to make the wrong decision was sometimes not as bad as making no decision at all.

glasses-568408_640

 

Have you been in big business?  What are the differences? What are the similarities?