But business is
hard to set up, hard to do and hard to grow to the level of giving you great
success.
This is a fact
that many who want to get into business do not like to hear it, they go
head-to-head and end up falling badly.
Numerous studies
conducted on business clearly show that in 10 start-up businesses, within two
years 8 are completely dead. and the remaining two, one is the most
successful after five years.
If business were a
school or a learning profession, then it would be the leading cause of failure
for many students. And many of the failures are because they refuse to
look at the truth, they deceive themselves and when they encounter reality,
they fall wrong. Business is the surest way to get rich and successful in
life. That's because when you own your business, no one puts a limit on
you.
But business is
hard to set up, hard to do and hard to grow to the level of giving you great
success. This is a fact that many who want to get into business do not like to
hear it, they go head-to-head and end up falling badly.
Numerous studies
conducted on business clearly show that in 10 start-up businesses, within two
years 8 are completely dead. and the remaining two, one is the most
successful after five years.
If business were a
school or a learning profession, then it would be the leading cause of failure
for many students. And many of the failures are because they refuse to
look at the truth, they deceive themselves and when they encounter reality,
they fall wrong.
One; Capital.
capital is a
challenge that has been widely mentioned. There are different ways to get a
capital to establish business.
But the main way
that I advise for those who start the bottom are your own savings. Here you
need to have other activities that make you incomes and part of the income to
keep it. If you have monthly employment Set at least 10 percent of your salary
and put them where you can't use it. If you are unemployed, search for
activities to do, even if it is laborers to use your strength, do anything
valid that gets income and then part of the income Saves as a capital start
business you want.
Two; Time.
Time to run a
business has been challenged for many. Here are those whose businesses depends
on everything and there are those who have other activities they do and
businesses are something extra.
For those whose
business depends on everything, put your priorities well. Know what is important
roles to you to do that no one can do well and that's the first priority. For
other roles, search people to help you do. The sun cannot do everything, so
choose what is important and productive.
For other
activities and business together, first select a business that is in line with
the time you can get. Then Idake your day one on two days, one is hours of work
and two are hours of business. As you respect the hours of being at work,
respectively as well as hours of business. Example If you get into work at one
morning and from nine o'clock, that's your day of work.
You can now need a
business day that can be starting at 10 pm until 4 o'clock. You must respect
that business day as you respect the work and organize your time for
priorities.
Three; customers.
Business is
customers, many businesses die when they are missing the customer guaranteed.
Many go into business with a distorted view, that when you open the business
then customers will see and come themselves. That is wrong. For the time we
live now, customers have been disrupted, have a lot of discomfort that they can
be passing before your business every day and do not know if you are.
So you should look
for customers, you should have a marketing strategy that you work for. First to
know what value you give to your business, then know what kind of customers are
targeting, knowing where they are and then follow them and make sure they know
about the presence of your business.
This is the area
you should work in particular, otherwise your business cannot grow. Business
grows when it increases new customers every time.
Four; sales.
Networks
simplifies people to advertise their business, people are very popist photos
and customers know the truth that these people do. But when it comes to buying,
many customers do not buy. They can ask for a price, and asked for discounts
but the end of the day they do not buy. Many businesses are affected by this,
customers arrive and ask but do not buy.
You should have a
sales strategy, you persuade and push customers to buy each when they get to
business or ask for. Giving money tend to bite, so do not think the customer
will come to you and give you money easily. He has many use and money, you must
really have to give you the money there is great benefits to him than to use
them elsewhere.
For what you sell,
know your customers' pain and how you sell it hurts their pain. Then when they
get to your business, shone their ulcers, make them feel their pain and show
how what you sell the pain. That's what you become your sales strategy.
Five; The cash
flow.
There is a
statement of Kiswahili who is very popular with small businesses, the phrase is
'metal bring'. The concept is that the person in his business sells very much,
very much, but does not see the money going. Then one is convinced that there
are people who steal money on business in superstitious ways. But that's not
true, no one can steal money on your business in superstitious ways. He will
steal clearly if the loop or your negligence will cause loss.
Not knowing the
business cycle is an obstacle to many businesses grow. Many are happy to buy
and sell, but do not know about income and expenditure.
You do not need to
be an accountant to calculate the cash cycle in your business, what you need to
know are two things, how much money it goes to business and how much it comes
from. In order for business to be healthy, you must have money that gets
greater than the coming.
Keep well the
records of all you do in the business then calculate every day, weekly and
monthly. Money business should stay in business and do not give it to personal
use. And most importantly, how much you do and the benefit part of the benefit
you should return to business capital.
Places;
business costs.
The cost of
running the business has been something that many traders do not follow and
control, so they grow and swallow every benefit available.
You must know the
basic cost of running your business and controls them not to grow profit.
Seven;
assistants.
Finding
appropriate helpers on business has become a great challenge. There are many
people looking for work to do, but give them a job they cannot do them well.
Every businessman who has ever hired knows how difficult it is to find the
right people to hire.
The big thing you
have to consider in getting the best assistants on your business is to check
the first character before skill. You can teach anyone the skill, but you can't
teach him the character. So start with a character. And the behavior of watching
is three; Integrity, intelligence and power.
Investor
Billionaire Warren Buffett has its foundation has been used to recruit where he
says he looks at righteousness, intelligence and strength and if a person has
no first praise, then the two will be dangerous. Use these qualities in finding
the right people to help you in your business.
Eight;
competition.
The business
competition has been fierce because it is too easy to enter into business in
this age than the past. So any business you do, there are others can also make
it, and see you benefit, they will do it. Even if you have come to a completely
new business, if you have success there are others and they will begin to make
it.
Dealing with the
competition do not overtake, instead of differentiate. For any business you do,
see how to distinguish yourself from all the others who make it. Having
something that you only can do, which the customer cannot find other parts
except for you.
The direct
competition in the business is expensive and you will drop, leave them and
differentiate. Put the unique and diversity in the business, give the best
services and give customers a reason to stop others and come to you.
Nine; legal
procedures.
Registration,
licensing and tax are key legal processes that each trader should follow. The
past people were able to do business regardless of these procedures and are not
disturbed. But now things have changed, all kinds of business now has
registration systems, licensing and paying taxes.
The sun for the
business you do is the registration of what kind should you have, what license
should you have with the tax routine according to your business cycle. Don't
give up these things, it will be an obstacle to your business.
Ten; Raise more
business.
There are many
traders who start in the lowest business, they deal with businesses get some
success. But after reaching a certain level of success, the business does not
have again. Years Go back to the business becomes right there. As the founder
is tired and can not fight as the original and it leads to business to start
falling.
In order for
business to grow more, it should not limit, you must make a system of
self-control without depending on its founder. So when your business is still
small, create a system. Whenever you step, make sure the business depends on
you little and depending on the system.
When you succeed in having a business system that can run on its own without you being present at all, you are achieving the highest and unlimited success. This is something that is built over time, so start with it early.
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