Sunday, March 18, 2012

ABCD OF BUSINESS

A – ATTITUDE   
Attitude is everything there is to business. Your attitude towards whatever business you engage in is what determines how far you will go and what you will get from the business. When you apply the attitude large business owners (multinationals, banks, etc) apply to your growing business, you can only imagine the great result you will get, but if you apply small business mentality/attitude (common with small business owners) to your business, you will remain small because your attitude determines your altitude. (Think about this)… You get more of the behavior you reward! Develop and implement the right attitude to your business.

B – BALANCE
Balance is what keep most great companies going and balance is one of the first things that falling or failing companies go off on before finally falling apart. So it is wise to say that any company off its balance won’t be standing for long. The center must hold. Balance is what holds everything together; the vision, mission, etc. try to find a balance for your business. Balance everything, your business: your home: your family: your ideas: your thoughts: etc, it will help. I’ll advice that balance should come before breakthrough, because often times a lot of businesses and business owners breakdown as a result of ‘breakthroughs’ they were really never prepared for. Would you lay a foundation for a one-room apartment and expect to build a ‘sky-scraper’ on it, no you wouldn’t! Please Build To Last.

C – CALCUATED RISK, COMPUTENCE

CALCUATED RISK
Before you venture into any business or dealings, assess the risks. Ask yourself whether or not the business/deal is worth venturing into, ask yourself whether it is rewarding, and profit making or non-profit making. Ask yourself whether it will be a journey worth your while, worth your time, worth your skills, etc. knowing the aftermath of any risk before-hand could do a world of good , you know.

COMPUTENCE
Everyone is most tested & known in his or her areas of competence. (WATCH OUT FOR FULL VERSION)

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