2018 is a year to be optimistic. Nevertheless, it’s also a year to be more projective and realistic with business goals. The real value of doing business this year is not only being profitable, but providing real solutions to real consumer problems.
Firstly, what is honesty? In plain English, it’s the art of being truthful. The type of art you never mastered.
But, the right question is; does honesty play any importance in building a successful business? It’s like asking if virtues have any values or importance; the answer is yes.
Let’s pick some tips from Daniel Golemans quote – “If your emotional abilities aren’t in hand, if you don’t have self-awareness, if you are not able to manage your distressing emotions, but if you can’t have effective relationships, then no matter how smart you are, you are not going to get very far.”
Someone recently told me; finding a job these days has become difficult to finding a wife. So he started his own business because he found a wife without a job.
There are many reasons why people start their own businesses. From mind blowing motives to wacky and personal survival.
Frequently, startup leaders or small business owners are expected to bear the heavy workloads and create the unique innovations to keep their businesses at the peak of their game. Here’s the rare truth; behind every successful, thriving startup business is a team of talented people with a good leader.
It will take a toll on your mental health. Every business is different even though they may be categorized in the same industry. So is every other entrepreneur; they possess different wits, runs their businesses differently, but serve similar purposes – solving problems. Nobody sets out to start a business and decides to fail. It is never to early to decide to quit or too late either
The professional environment is conservative. Dress codes now are ambiguous; almost everyone now defines their own casual and professional looks for work. The rules may have changed but looking professional as possible is one way to tell potential customers what you do, who you are and how credible you are to win them over.
“No one is born a ceo, but no one tells you that. The magazine stories make it sound like Mark Zuckerberg woke up one day and wanted to redefine how the world communicates by creating a billion-dollar company. He didn’t.” -Andrew W. “drew” Houston, Founder & ceo of dropbox
Creating value is what building businesses is all about. Developing products, offering services and finding solutions to people’s problems and needs. In simple words; providing satisfaction. Businesses would not be set up if people do not have needs and if the world do not have problems.
The business world has advanced so drastically and most business owners and professionals, even the customers have understood the importance of building long lasting relationships. In as much as it takes quite amount of time to build such solid business relationships, many has also failed to put in the work needed to sustain them because they did not make it their business.
No startup business has everything covered and running. Business relationships between customers, partners, employees, and other businesses are essential to business success and growth. Most of these relationships must be formalized with contracts to avoid uncertainty, risks and litigations.
Business partnerships are quite similar and comparable to romantic and some casual relationships. Just as romantic relationships fails; business relationships fail and can get pretty bad. The good news is that a business partnership which is healthy and functional can impede a greater success than a sole business ownership.
Starting a business is exhilarating. Unfortunately 90% of startups fail and many of them in the first year. This means that knowing how to market your startup effectively is critical to your survival. Who is going to buy anything from you or even require your services if no one knows about it? And if no one is buying, you will certainly have no revenue coming in and that leads to one thing; business failure. All the months and probably years of efforts to establishing a business down the drain.
#8 Operating a small scale, always DEMAND an upfront payment for your products and services…
#7 The willingness to do what ever it takes to achieve our goals is limitless,…