Business is all about gains and losses, win:win or win:loss scenarios. It is a zero sum game of resource, territory, and workforce. It is about alliance and betrayal, trust and deception, two sides of the same coin. It is the epitome of accumulation, leverage, negotiation and conquest…
There are many factors when doing business. To know them is to increase the chances of success in the business you are pursuing. Cost – one must know the cost of operation and understand its profit margin from research and data. Then, the future growth must be speculated to make sure it is not a [...]
Be a source of inspiration for only then can you lead your people. Employees need to be inspired for they are the life of your business. What is directed to your employees will be directed to your customers. Everything flows downhill from the higher ups, so what the top does, the bottom adopts. Inspire well…
Reputation is hard to gain but easy to maintain. If your business reputation is tarnished, it takes time to regain. Through integrity and sincerity, you are able to win back your reputation. Integrity – By being honest to your customers, admitting faults, accepting refunds and apologizing, your business will be viewed in a more positive [...]
One has to risk it all to win it all. The keys to risking is courage and calculation. Without one or the other, you can’t initiate or it is just suicide. Be a risk taker, for we need this large spirit in order to begin our first act of success. Without risk, there is no [...]