missed deadlines

What Should Entrepreneurs Do When They Miss a Deadline?

Despite best efforts, missed deadlines can still occur. Here’s what entrepreneurs should do:
Acknowledge the Delay: Being transparent about the delay with all stakeholders is crucial. It shows responsibility and professionalism.
Analyze the Cause: Understanding why the deadline was missed can help in preventing future occurrences.
Set a New Deadline: Establishing a new, realistic deadline and sticking to it can help regain trust.
Implement Changes: Making necessary adjustments to processes, resources, or planning can prevent similar issues in the future.

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