Resently, I stumbled into a quotation of the thirty-fifth American President J.F Kennedy saying,"Ask not what your Country can do for you;ask what you can do for your Country."This sentence,added to series of empowerment programmes held in the media, churches,and corporate organisations,provoked a burning desire in me to set up something to compliment my Job.
My burning desire grew so strong that i had to consult financial experts and great economists to educate me more on Business enterprise which include the type you are thinking about.In the process i learnt that business is not pleasure.Until you understand the line of action between Business and pleasure,your decision is still babyish and may not result to a fast and growing business.Do not enter into Business because of fame, or because you want to be called a businessman.try to count the cost before before counting the profit,which will bring you to fame.
I want to draw the attention of the privilege few that would be opportune to go through this article to certain factors that will spice up your desire and catapult your business to a multinational business within the shortest possible time frame.
punctuality
Check arround you since you started making decisions yourself,are you responsible to dates,meetings or appointments.Remember,punctiality is the soul of business.Your business would spring up easily when you are anearly riser.The man ahead of you is not faster than you,he only started early.He is not better than You,he only use the availabe oppotunity he had.If you must make a mark in your business,then you must do away with those things that give you pleasure.
Time
A wise man once said,"Businessmen are not time wasters."It is not how mush time you invest that makes the difference,but how well the time is spent.Imagine two hours spent finding fault in what your employees and customers do, instead of showing them how to do things the right way.Do not spend your time calculating the mistakes you made in the last business transaction.Instead think of better ways to engage in the same transaction to bring about success.
Have you ever wondered why some students are doing exceedingly well above their mates?Do you know why Bankers resume early and close late?the result gotten is a product of time spent, doing what they know to do best.
This principles apply to each and every one of us.Be a sticker to time if you want the business to succed and grow.
Open Business Account
The best way to monitor the financial growth of your business is to set up books of account, where any income accruing to the bussines should be recorded.The book of account should agree with the bank balance.Any expenditure made or purshases should reflect in the books of account.The book of account would help you discover which month is the best month in your business.It will equally help you to plan new strategies and tactics to enable you achieve new heights in business.
Watch Your Expenditure.
This is where most up coming businessmen lose out.To sustain a steady growth of business,you should know when to spend money.why you should spend money and how to spend the money.It is not everything that looks like business is business.The economists have "th scale of preference."It is simply a guide towards your expenditure.your wants are not necesarily your needs.what is "Business is not pleasure."It would be suicidal for a businessman who is still sourcing for money to expand his business,to go and purchase a car.Why would you increase the number of employees when the workload can be handled by you and the few staff you have.it is not important the number of cars or staff you have that make you a good businessman.What important is that the business should stand the test of time and give birth to other business.
Set A Standard
Are you an expatraite? Are you a professional in your field or a consultant?How do you render your services?Are your services based on influence and closeness?If yes,then something is wrong.The customers respect one thing (Standard).If this statement were not true,people would have stopped buying items from the supermarket.you know what you or your business can offer ,then why compromise?compromising your stand can turn your business without track record.It can put you out of business.Do not confuse business for pleasure.
Wednesday, January 21, 2009
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