Saturday, June 5, 2010

How to buld a business

The man who wants to build a business is concerned about building a structure, therefore he is different from that person that just wants to make money.

The man who just wants to make money is not interested in creating an enduring institution or a strong brand, he is with short term mentality and may even fall prey to his ambition as he cuts corners here and there. He is very transactional in nature and may not have scruples.

On the other hand, the man that wants to build a business has scruples and his particular about his name. He is prudent with resources and plows back profits into the business. He wants to build an enduring legacy that will provide jobs for many and he has an eye on history. He will not cut corners because that impacts on quality. He cares about the feelings of his customers and will not unduly jeopardise relationships. He builds capacity, invest in plants and machinery and when business bleeds, he bleeds. He does not suck money out of the business for vanity projects, and he has an acute sense of deferred gratification. He puts in place policies to to aid the growth of the company beyond him, and he institutes a system of checks and balances even if it constrains him. He trains managers and develops people. He is extremely focused and believes in purpose. The business is his life, not a passing fancy or a side attraction. He builds the business and the business builds him.

How to be successful.

Success is about selling. Yes, I don’t now anybody that has succeeded without having something to sell, therefore you are not going to be an exception. If you want to really be successful, the you must look for something to sell. In order word, you must SELL if you want to EXCEL.
Your success can not be base on luck, or on inheritance, not even prayer only but you have to look around for what to sell. This is because, all the self made millionaires that I know are good sellers. So, what is that thing you have in your hand to sell if you also want to join the league of the millionaires?
There are so many thing you can sell, it ranges from your own product or services. It can also be your ideas, expertise, knowledge, information, skills, technical know-how, writings, books, magazines, etc.
Whatever you have that others need but they don’t have is a good product to sell and make good fortune from it. Try not to underestimate the power of selling , for you can never amount to anything in life without having something to sell.
To know what you have above others and ultimately what you can sell in you. The first step is in you thinking very deep and search in to yourself, look around you and try find out what the need of the people are, what are their problems, what will make them happy, what can touch a cord in their heart and what do you think can turn their life around that you can give them?
You may need job after all, may be you just need to look inward and check some qualities you have that people need. Can you write? Can you sing? Can you crack good jokes? Do you have passion for decoration of the house? do you love flowers? do you love helping other people to plan their events? Any of these can be a gold mine for you. Develop it , brand it and take it to the market. You can’t be a success by keeping those skills of your to yourself, until you take it to the market where you can get buyer for it and get an handsome reward in return.

How to succeed on internet.

Internet business is one of the easiest business available today, 'think this is because of the fact that an internet business is the type that can be run right from your home so this can really reduce the operational cost of running your business. However, the fact that an internet company is easy to run does not mean that all the necessary steps to follow when doing all other business should be overlook. So, let me show some of the easy but necessary factors you need to observe when doing business on internet.

The first is that as from that day you purpose in your mind to start doing business on internet, you should see it as a serious business and be ready to invest your time into it in order to create a strong brand that last long. It also go along with the need for you to set a very realistic goal for your internet business, which should be broken into series of to do actions on daily basis and this will be a means of measuring your progress.

It is equally important for you to invest your time into learning in order to really understand how the online business works. This may be in form of investing in the quality materials that teaches about the internet business, or by attending the seminar to learn from the experience from the people that has being in the business, Or by simply join an existing internet business system where you can learn why you are still making money.

Another important point you need to realise is that doing business is all about finding what some group of people are in need of and look for the solution to that problem and package it to make money. Join the group of like minded people, i mean people that are in the same internet business, from there you can get to learn a lot of business strategies free. This is now very easy online as there are a many of this discussion group where a lot of business strategies can be learn.

Having done all this, it very important for you to realise the need to be focus and persistence, then sky will be limit of your online business.