Investment, in our world as a business man is the most important thing. How you predict the first move you should take to your system and to calculate the business profit based on market demands are depending too much on the sum of your investment. But it is hard to predict the good prospect of a business with the average amount of investment that beginners usually have. That is when the credit of bank came to an important role.
September 23, 2010
September 22, 2010
The Importance of Property
As we all know, business is one of many things in the world considered as "unpredictable" things. My point is, you can make a prediction based on your calculation by comparing the market and your system. But sometimes the flow of market can change so suddenly and if your business specifically depends on one market, when you are not prepared for such changes you jeopardize your own business.
As a business man, we have to take an early action to prevent this kind of situation dragging our business down into bankruptcy zone. One of those actions is investing. Early investments can save a business man's career when the business hit by storm, even when it has to hit the ground. I have one way to invest which I think is the safest and the best way. It's a little bit old school but, the saying "Who owns the property is the king," still works on me. Yes, investment in a form of property.
As a business man, we have to take an early action to prevent this kind of situation dragging our business down into bankruptcy zone. One of those actions is investing. Early investments can save a business man's career when the business hit by storm, even when it has to hit the ground. I have one way to invest which I think is the safest and the best way. It's a little bit old school but, the saying "Who owns the property is the king," still works on me. Yes, investment in a form of property.
September 21, 2010
New Ideas of Online Business
Thanks to the internet, now we can expand our business through out the network. Some says that there are a lot of business opportunity lies in the network. It provides us a lot more prospect to our business if we know exactly what to do to win the market in internet way. Well, I'm not really into that computer and internet thingy myself, but as a business idea lover I think this wide open opportunity is one thing we can not just ignore.
What makes this opportunity interesting? hundreds of people from all around the world is accessing internet. The market starts to explore this global network in search of what they demand. If you have any plans to expand your business to international level, going online probably the first thing you should do.
What makes this opportunity interesting? hundreds of people from all around the world is accessing internet. The market starts to explore this global network in search of what they demand. If you have any plans to expand your business to international level, going online probably the first thing you should do.
September 20, 2010
Profitability or Partnership?
As a business owner, you will have to face this kind of question so very often. Which is the best for your business, profitability or partnership? Pushing your business further only based on profitability concepts is not something wrong at all. The success of a business of course depends on how much profits it can make. But what about partnership?
Partnership means sharing your profit to another party. Although it seems to be balanced well because the portion of responsibilities are shared accordingly as well. Some big success business men said that partnership is an action to prevent losses from unpredictable market risks. That is true but, even with the most reliable and trusted business partner, partnership means adding another risk to your business. Of course, this is also kind of risks you can not lock as with partnership you put the business into an insecure zone.
Partnership means sharing your profit to another party. Although it seems to be balanced well because the portion of responsibilities are shared accordingly as well. Some big success business men said that partnership is an action to prevent losses from unpredictable market risks. That is true but, even with the most reliable and trusted business partner, partnership means adding another risk to your business. Of course, this is also kind of risks you can not lock as with partnership you put the business into an insecure zone.
September 19, 2010
Things That Make Your Business Run
There are things that keep your business running. Of course those are the same thing that influence your business reputation in the eyes of your clients and customer. What are those things?
1) Quality of Goods and Services
This is what your customers and clients demands. And if they choose your service or goods rather than other's, there must be reasons for that. Give your loyal customer questioners to find out why they choose your service or goods, and let them freely give you critics and suggestion about what they think is needed for your business. And whatever the beneficial factor they can find in your service, that is what you need to develop, or maintain at least.
1) Quality of Goods and Services
This is what your customers and clients demands. And if they choose your service or goods rather than other's, there must be reasons for that. Give your loyal customer questioners to find out why they choose your service or goods, and let them freely give you critics and suggestion about what they think is needed for your business. And whatever the beneficial factor they can find in your service, that is what you need to develop, or maintain at least.
Do Not Underestimate Small Business
There is one rule in business that I believe also important either in starting a business. The paradigm that most new business men have is creating a new business opportunity that is out of his capability. What I mean is, they start with building something that will make them doubt about the thing they going to start. Sounds like a waste of time right? Yes it is! In my previous post I said: Start a business by knowing exactly how much you have to invest.
Some people stayed on the paradigm that there is no use of starting a business from point '0'. That is the laziest and the stupidest thought ever. Because if you try to build something not from the point '0', so what number it would be? The numbers don't begin with 10 anyway. That simple logic also works on business. If you think that the moment you start a business you directly going to build a 5 star hotel, then just forget it. It's not impossible though, but a 10 month baby can already run before he even started to learn to walk is something rare to find, isn't it?
Some people stayed on the paradigm that there is no use of starting a business from point '0'. That is the laziest and the stupidest thought ever. Because if you try to build something not from the point '0', so what number it would be? The numbers don't begin with 10 anyway. That simple logic also works on business. If you think that the moment you start a business you directly going to build a 5 star hotel, then just forget it. It's not impossible though, but a 10 month baby can already run before he even started to learn to walk is something rare to find, isn't it?
September 18, 2010
Connection Between Your Confidence and Your Business Result
There are many factors influencing the result of your business. Besides the technical ones, of course either your business flows to the right or wrong direction is also depends on your confidence as the owner. Yes the confidence! Why so?
A business owner is the one who make most of the decision regarding the business. As a decision maker, your employees will only take actions on command. In other words, you are the one who create and build up the system and the employees are applying it for you.
The success rate of a business is motorized by the actions your employees took to represent your company. So can you see the connection now? Yes right, it all began with your decision. Of course there are no difficulties at all up to the point when you calculate all the risks and prepare the system. But the hardest part is when you are about to issue the decision and applying it to your business. This is the time when most owner usually stop awhile and rethink, some of them even stopped and never have the guts to go on. Why? Because there's too many 'What if's..
A business owner is the one who make most of the decision regarding the business. As a decision maker, your employees will only take actions on command. In other words, you are the one who create and build up the system and the employees are applying it for you.
The success rate of a business is motorized by the actions your employees took to represent your company. So can you see the connection now? Yes right, it all began with your decision. Of course there are no difficulties at all up to the point when you calculate all the risks and prepare the system. But the hardest part is when you are about to issue the decision and applying it to your business. This is the time when most owner usually stop awhile and rethink, some of them even stopped and never have the guts to go on. Why? Because there's too many 'What if's..
Where The Business Ideas Come From?
Everyone can find brand new things to sell on market. It doesn't always have to be in a form of goods or service, sometimes ideas even worth more. Why is that? Simply because everything in business start from an idea. From the basic of trading for supply and demand concept, to the trading system we are facing these days were based from a tiny idea. And only new ideas, no matter how tiny it is, can develop business world. Here in this post, I'm not going to talk about finding a whole new idea about world trading or stock concepts. Let's start with finding a little idea for beginners like "What kind of business am I going to build?"
As a future business man, of course that question above is the first thing came up in mind. And the winner is the one who can find the best idea for the answer. How is it to find the best answer then?
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