I’ve met many Muslims who have strong emotional attachment to their businesses. They don’t want partners or fresh ideas. Often, they have no exit strategy in their mind other than Built to Last.
Well, if you have a successful business or satisfied with your business’s stagnant status quo, FINE Alhamdulllah. But, if you are suffering from a failing business or a losing industry, why not consider some fresh ideas?
- Open for investors
- Change it to a franchise model
- Set it as a cooperative model, where workers and community members get a share
- Sell or partner with another business
- or … ask your customers for fresh ideas!
If you don’t know Guy Kawasaki, he is the author of The Art of the Start