Are you thinking about starting a new business? Are you wondering how to start a business? How big should it be? Where should it be located? How much money will it take?
How do people pool their money and when is the best time to start? Or are you just one of the readers who is a little curious about what might be involved in starting a new business?
The following measures will help you effectively from starting your business to throughout the process of managing your business:
1/ Be hungry to get rich and know how to organize and manage wisely the factors: capital, people, technology, the latest management experiences to enrich your business.
2/ Must find ways to generate capital in business from many different people. You can only get rich when you know how to mobilize other people's money easily and get rich from that capital. In other words, you have to use leverage to multiply your capital many times (by encouraging people to contribute shares, buy goods on credit...).
3/ Know how to learn and strive follow the example of successful entrepreneurs.
4/ Choose a separate path that others have not gone to or few people know about to show your business talent.
5/ You should have many friends and know how to choose friends.: You should make friends with many people in many professions, but first of all, the field in which you will do business. Your business will develop more if you have friends who admire, encourage and promote your talent. Friendship also adds to you many new qualities and abilities in business.
6/ Know how to praise, encourage others in front of them as well as behind their backs, especially your business partners and employees.
7/ Must grasp consumer needs and their financial ability to launch appropriate products to the market.
8/ Don't chase after "Profit" but you should follow "help" people and immediately money will come.
9/ Save every penny in business But when it comes to investment, we are willing to spend billions.
10/ Just "launch" into the market the things the market "thirsts" for most.
11/ Money pay Right categorical.
12/ Know how to listen to opinions customer and repair immediately.
13/ Know how to use the business network of reputable businesses domestically and internationally to sell their goods.
14/ Need to care about long term profits not chasing immediate profits.
15/ Dare to take risks In business decisions, be democratic in discussion but firm in decision.
16/ Pay attention to continuous improvement in every little thing If possible, from the products, service methods, and management of the business. Don't wait until it's time to reform everything.
17/ Know how to advertise and advertise wisely. It is not enough to have the truth, you must also make it attractive.
18/ Please Create a harmonious atmosphere for your business like in a family
19/ In business management, you should always gentle with everyone at any time. Be open, friendly and sociable with colleagues.
20/ Know how to promote your ideas and goals for everyone in the business. We are all “advertisers” from morning to noon and even at night. The employees who are responsible for marketing and advertising for your business deserve to be rewarded and get a raise. Today, lawyers, politicians and business owners who have “big names” are the ones who know how to “create prestige in the corporation. When everyone admires their talent, you will never ask to see their degrees or certificates anymore,” according to legendary investor Warren Buffet.
21/ Know how to focus your mind focus on a single business direction and spend a certain amount of time each day working on that plan.
22/ If you want to go farIf you want to have great success in the business world, first of all you must do more than what others ask of you.
23/ Must make yourself strong first to help others.
24/ Know how to balance your business yours by doing 5 activities: Give, receive, help, learn and have fun.
25/ Pay attention to other people's opinions, acknowledge their good points, encourage them to happily help you.
26/ Build good relationships with customersThere should be preferential policies for regular customers: better prices, congratulations, gifts on birthdays or holidays.
27/ The products you launch on the market must be beautiful., suitable for the tastes and budgets of many different consumers, including the poor, middle-income earners, the rich and foreigners. In addition, your item must have great use value.
28/ Know how to flexibly use 12 competitive tactics of the following Chinese entrepreneurs:
a/ Win with quality
b/ Take cheap to win
c/ Get fast to win
d/ Take more to win
e/ Get new to win
f/ Be flexible and diverse to win
g/ Win with confidence
h/ Get famous to win
i/ Take the initiative to win
j/ Take joint venture to win
k/ Be original to win
l/ Take credit to win
29/ Never brag Before others, listen more than you speak.
30/ Make friends, learn from the best in your industry.
31/ The manager's mission is to promote, create conditions for workers, not criticize them.
32/ Don't promise too much, only promise what you can do.
33/ Be aware of new trends and forecast the future, embracing new fields.
34/ Should consult women. Most businesses are run by men, but the majority of buyers are women. Therefore, you need to understand their preferences.
35/ “It may be necessary to move a flower from a small pot to a larger pot, but only when the flower has “grown” and cannot survive in the small pot anymore.” This is also true for those who are just starting out. Be persistent in starting a business right from the land you are standing on.. Don't move to another city or go abroad if you haven't established yourself locally.
36/ Dare to boldly invest costs To upgrade your staff skills many times over others; it is a wise expense.
37/ Find talented people and promote themYour business will grow more if you know how to gather around you many talented people.
38/ Must maintain the habit of completion what you start with.
39/ Business can be likened to a chessboard and your opponent is time. Every we must not hesitate Every step of the way, must forecast opportunities and quickly seize opportunities to push the business forward.
40/ Once you have achieved some success, it is worth remembering that avoid complacency. You need to hear words of encouragement, motivation, and advice to be steadfast on the path of life, not to be complacent and like to hear flattery. Even in a high position and successful, you should always keep in mind that doing more for others is also doing more for yourself.
BWP