70% Solution: The Marine Corps Framework for Making Battlefield Decisions for Small Businesses By- Steve Maleh

1. 70% Solution: The Marine Corps Framework
for Making Battlefield Decisions for Small
Businesses
By- Steve Maleh
In Marine Corps, Commanders need to settle on key decisions in less than ideal
conditions on the combat zoneconstantly. This urged the Marine Corps to make a
system in which their officials figure out how to assistthem with making
command decisions—even if they don't have all the data or the troop strength
they'd need to guarantee success. Driving an independent company or a small
business probably won'tbe the combat zone, yet someof the time it requires us
to settle on choices in less than perfect conditions.
The Marines encouragetheir young officials in what they call the 70 percent
arrangement. Itcould be a decent systemto consider for settling on choices in
circumstances whereyou don't have all the data or assets you'd prefer to have:

2.  Do you have 70 percent of the Intel you think you'll require? In
an ideal world, you'll haveall the data you have to settle on educated
choices. Unfortunately, we don't live in an ideal world. In any case, on the
off chance that you have the vast majority of the data you'd prefer to have,
you can still make a sound judgment—if you acknowledgethe fact that you
may need to modify and make up for the data you don’t have. The Prussian
military strategist Carl von Clausewitz coined the adage "The Fog of War" to
portray frontline vulnerability. Entrepreneurs regularly experience
something similar; and in the same way as military officers need to adjust
accordingly as things become clearer in the light of fight, entrepreneurs
need to adjustas they execute on their market strategies.
 Do you have 70 percent of the assets you need? Like a War Zone
Commander, mostsmall business owners never haveall the assets required
to meet their targets. Even if you have great individuals to work with and
the majority of what you need, it can be sufficient. Finding innovative
answers for difficulties is a sign of effective entrepreneurs. Making senseof
a best approach around, under, or over an issue with less than perfect
circumstances often decides the difference between success and failure.
 Are you 70% confident your plan will succeed? This means that do
you feel confident of the fact that you can achieve success with the amount
of data and resources you have? The Marines accept that an effectively
thought out arrangement, alongside stepping up to the occasion, is bound
to prevail than sitting idle. In spite of the fact that the choices you'll make
as an entrepreneur won'tcertainly have graveconsequences as those made
by a Marine official in fight, a firstrate plan can assistyou with
accomplishing your marketplace objectives, especially when conditions
aren’t great.

3. By discussing the70 percent arrangement I'mnot recommending that making
reckless or clueless choices is a decent practice. I don't accept there's anything
clueless about the 70 percent arrangement. On the contrary, it’s about getting all
the data you can, gathering every one of the assets accessible, and feeling certain
about pushing ahead, depending on what you know and what's accessibleto you.
A lot of carrying a small business is about making and executing your decisions. If
you have a large portion of the data you need, the majority of the resources you
think you'll need, and if you like the plan, execute. Keep in mind, the Marine
Corps believe that a first class plan has a superior possibility of getting you
succeeded than sitting idle!
Author Steve Maleh
A seasoned businessman and 3rd generation entrepreneur, Steve
Maleh has founded and started dozens of businesses over the
past twenty years. From retail, to restaurants, to technology,
several of which were sold, and several of which are multi-million
dollar operations today.
Prior to his venture into the mobile space, Steve used his
Architectural degrees to build, develop and renovate over 30
million dollars in real estate.
In addition to his own businesses and ventures, Steve has been
actively sharing his expertise and knowledge with other
entrepreneurs. Acting as an angel investor in several start up
retail businesses.
Steve Maleh holds a Bachelors degree in Architecture and
entrepreneurship from the University of Miami, and has also taken
master classes at Columbia University in real estate developing
and entrepreneurship.
Steve is currently looking forward to being part of the future
innovation in the theatre application market with the launch of his
new technology venture SNAX®.