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Business Will Not Grow By Itself

    Business    2017-07-09

One thing most of us will know business will not grow by itself regardless what business you are into. Getting huge sum amount of capital fund will not necessarily guarantee it will grow or success either. In reality, there are lots of businesses started with huge amount of funding but yet they failed at the end. Some even started with a pool of talented staff yet they do not succeed as well. This is the facts and sometimes you need to be prepared and aware off.

Most of successful business owner will know a good healthy business will not grow by itself and you must learn on how to adjust to the market demand accordingly. Your business will definitely collapsed if you do not learn to adapt accordingly to the market demand. A good example of giant phone manufacturer Nokia whom refused to change and adapt to the phone market revolution caused them huge losses and collapsed at the end.

To begin with you must learn to observe and understand your current business nature. From there you will get a better understanding of your business in order to develop a good strategy growth plan. You will then need to fully focus and work hard towards the strategy plan in order to achieve it. Be sure the strategy plan is realistic and achievable at the end of the days. Then execute your growth strategy plan one step at a time by lining out the critical activities that need to be carried out first. In other words, prioritize your activity tasks. Keep repeat the strategy plan you had planned out and adjust accordingly if it does not work out. Always plan, execute and adjust your business even it is small. There are many business that are successful until today whereby it only started with a small sum amount of capital.

Many of today successful companies we all know such as Microsoft, HP or even Google are started off with very small enterprises which turn into globally recognized companies. Yes indeed these few companies started off with far or little capital funds. Spend some time reading all these successful companies on how or what makes them successful and learn from them in order to implement as many methods as you can which works for them into your business. It may or may not work for you but somehow it can be a good guideline reference your business implementation.

Successful Business

    Business    2017-07-08

It is very common for every person starting a business want to be successful in order to obtain financial freedom. In some, it could be a start of growing their own business as far as beyond their current generation to come. Or, they want to achieve success in order to return back to society as much as they can. Whatever it is, we believe every person or even you will have some reasons behind to start your own business.

There is one interesting quote from Jan Ashfor

“There is no such thing as can’t, only won’t. If you’re qualified, all it taks is a burning desire to accomplish, to make a change. Go forward, go backword. Whatever it takes! But you can’t blame other people or society in general. It all comes from your mind. When we do the impossible, we realize we are special people”

As easy as it may seems to start a business but sometimes to build a successful business must come with great sacrifices of time and stay focus on the goal no matter what happen or what it takes to achieve it. To be honest, not every business startup will succeed to penetrate through mass market regardless it is offline or online business. General statistics research found found that new business startup tend to fail compared those that are successful one. In order to build a successful business, you must have a good proper planning¬† of basic startup and it does not have to be “rocket science” to do it. It can be as simple as a chart or a road map of your business goal. With this, you will have an overall better view of your business direction and how much will it take to achieve it. Most importantly you must believe, be hard working, determination and perseverance then only you will achieve success in whatever business you are doing.

Some people may ask themselves is it really hard to start and build a successful business?

The answer is quite often simple as there are no shortcut, secret formula etc. to build a successful business. Every startup business will not turn into a big giant company within a short period amount of time no matter what business you are venture into. All it takes are hard work, sweat and even sacrifice of time to achieve it. We believe that every business will grow into a success one if you keep working and stay focus on it. Likewise, even a simple apple tree will take years to grow and you do not expect it to grow in a short period of time.

Additionally, most people do not possess neither knowledge nor experience to start a business with and not to mention developing it. A piece of advise is always start a business industry that you are familiar or experience with. From there, slowly start and learn on how to run and manage the business. It is unwise to jump start a whole new business industry that you are not familiar with unless you have a friend or relative are good in it. For an example, your are an engineer and out of the blue you want to start a fashion business industry which you did not have any experience at all. Best recommended is to avoid starting a business that are not familiar with.

Another you must have is always stay focus and be positive at all time no matter what happen in or out of your business environment. Just keep moving and pushing yourself forward and let the pass mistakes to be a lesson learn and avoid repeat it in future. You must however must be stay motivated at all the time and believe your new startup business will succeed no matter what other people may say or think about it. However, there are risks and setback challenges which may impact your business. It always happen which you must learn how to solve it instead of just giving  up and calling it a day.

Last but no least the utmost important factors for every new business startup are to focus on customers growth and not the profit. The profit usually will follow suit once you have develop a strong and steady customer growth. Unfortunately, there are lots of small businesses startup really want a quick result of success but always end up fail as every startup business will not only take the amount of money invested or people as it also take lots of patience and perseverance as well.

  • Successful Business

    by on 2017-07-08 - 8 Comments

    It is very common for every person starting a business want to be successful in order to obtain financial freedom. In some, it could be a start of growing their own business as far as beyond their current generation to come. Or, they want to achieve success in order to return back to society as […]

  • Business Will Not Grow By Itself

    by on 2017-07-09 - 0 Comments

    One thing most of us will know business will not grow by itself regardless what business you are into. Getting huge sum amount of capital fund will not necessarily guarantee it will grow or success either. In reality, there are lots of businesses started with huge amount of funding but yet they failed at the […]