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.
I know most of you may have read about how to start a business with no or little money and about how to start a business in some few hours and the list goes on. Let us be realistic here, can we?
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.”
As an entrepreneur, it is okay to anticipate a bigger market and have the desire to sell to everyone.
The truth is that, not everyone will like your business services or products. And regardless how wide you spread your business wings, someone will certainly not be impressed or need your services or Products.
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.
Starting the first day of the week with utmost attitude and some positive energy would yield a much better productive week.
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
You are not alone if your business has been running on no income for some years without the big break; this can be discouraging. Nonetheless, what you need is not a big break. What your business need is a new strategy- a realistic big plan.
“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.
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.
Over millions of startup businesses operate today across the globe and within the local industries. The market is very competitive and startups need to break barriers to get their businesses under the spotlight and to target customers. The challenges to standout and not be just a competitor but a real business meeting needs, is a hard task but, startups have to identity what makes their businesses special and unique.
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.