Most people don't have the courage to start a business for fear of failure. To succeed, you will have to experience several failures and learn from the experience. The lessons below will be the best guide for you when starting a business.
Here are some lessons you can learn from those who have come before you.
1.If you have no money, no experience or even an idea.
Apply for a position you love at a certain company and learn gradually. Don't expect figs to just fall into your mouth, especially if you're young and never run a business. If you want to achieve something, you must accumulate experience and relationships from now on.
2.Once you have 80% of the information you need, make a decision
Acting now will often get you on the right track, learn more and go further than sitting around waiting for all the information to be available.
3.When things are going well, it's time to prepare for upcoming difficulties
Think of a day when your company will have a competitor and that competitor is willing to sell their products for free or for free.
4.Building a business is like moving a heavy object. It will take time for you to gain momentum but after that, things will move very quickly
Jim Collins, author of the famous book "From Good to Great", calls this the "flywheel effect". According to him, a business will be like a flywheel. "Your task is to get that flywheel moving as quickly as possible, the time-resonant force will produce amazing results."
5.Time is a powerful tool
In fact, deadlines are often just imposed and good leaders will be those who know how to use deadlines to 'wind up' employees. When an important task is completed on time, give employees some time to 'breathe' before focusing on the next task - this is one of the secrets to maximum productivity multi.
6.Mechanism of encouragement and reward
Leaders must always make sure that their incentive and reward mechanisms bring positive behavior and create added value for customers.
7.Building a business means knowing your passion, pursuing your dreams and changing the world despite facing many ups and downs along the way.
Dare to think big and dare to take risks. As Goethe once said, "Don't cherish small dreams because they are not strong enough to move your heart."


Comments
Post a Comment