The document provides advice on avoiding mistakes in business and achieving success online. Key points include: conducting thorough research before starting a business; carefully assessing costs, timeframes and liabilities; avoiding overtrading; setting achievable goals; understanding one's own capacities; creating vital links and teaming up with others through cooperation and collective effort. Success requires handling challenges with human problem-solving rather than just theoretical knowledge.
1. The mistakes to avoid in business
There is a saying that goes,"We learn from mistakes."This never mentions that it is a costly lesson!Here
are the mistakes we need to avoid before thinking about any profit generating venture.
2. You plan a profit generating venture and..
You come to the realization that there's not enough to run your business on, leave alone the funds
to sink in it...there.There's need to make findings crucial to your business category before taking a
step.Consider also the time required to see if you can hop into it minus being threatened with
pitfalls.
3. More so...
Thinking about and assessing the liabilities involved, time frame and costs to be
encountered.Calculate the steps and ensure that each of those is crucial to starting or succeeding in
business.
4. Important!
Note that over trading leads to failure in business!
calculated steps are cost effective and manageable.
Business is a perennial entity that calls for patience and steady investment.
5. Especially for online business.
Here's for you.Sales are not easy to come by!
Creativity is not only essential but vital to growth of
online business.
Carefully determine what is of interest and prioritize to
make more impact.
6. More about online business...
More than 80 percent of shoppers search for products
online.
304 billion dollars worth of sales was recorded in the US
alone,in 2014.
To date, almost the entire business world is totally or
partly influenced by internet.
E-commerce has been embraced throughout the universe,
to the extent of being the leading means of global trade.
7. Crucial to success in online business.
You shall probably meet with many acclaimed fellows with their success
stories so inspiring and unimaginable but...
There's need to know that success stories are never presented in totality.
Life ways are different, and so is success.It varies according to your
personal life experience.
8. Key to your own success story..
There's need to assess and evaluate things at a personal level.Need to
estimate what one's capacity is and what one can handle.
Setting goals: crucial to get on the right track.Here's the advantage o
looking at things differently.You have evaluated yourself and can
determine already how far you can make it.
Defining goals: what is your goal; what it entails; what to rule out,
prospects, possibilities and how to handle risks.
9. What college didn't teach about business..
There's what you get from the theorists
and what actually makes the real world of
business an actuality.
Never err as to think that everything from
books is determinant to your personal
success.
The world is made up of real forces and
challenges, that need to be handled with
human brains, not essentially written
ideology.
10. Know the missing link..
A powerful Zen saying goes,"Everything is a part and
function of everything else."Hence a success story can
only be written after linking the branches to the twigs
and twigs to the leaves.
Creating the vital links is not easy for everyone, for we
all differ by various competences.
Just as no expert player but a team can win a
game,there's need to team up with others for success
to be achieved.
11. How to team up with others...
There's need for good faith and rapport for any form of
cooperation to occur.
For any business to succeed, vital to this is need to link
up within business communities, and the consumer
world.
Team work makes business a smooth venture.Teaming
up is in many respects like saving, profit sharing groups.
12. Collective effort:
Handling turbulent times is easier for an individual in a
group, than singly.
Collective effort minimizes the stress, not the task.
Collective is protective.