What They Don't Teach In Business School
Business schools are good and you really do need them but I do not think you need them that much to start a business especially when the lecturers that teach these business topics in schools do not have a business of their own rather they teach how to create one on paper of which 48 out of 50 businesses being created did not start with a business plan.
When you are taught everything in business school, one thing you are not taught is to be focused. You see, if you are going to do a business, you need to be very focused to succeed because that is what is going to keep you going in this fast moving world of ours. You see,while focus is pivotal in business it is very important that whatever you want to do, fail very fast. In business, the faster you fail and learn, the faster you succeed. You cannot be playing safe and expect to succeed exceedingly.
Remember that a thing is important because it has big potential consequences and it is low to zero potential consequences. This is just true for everything including business and if you are going to be regarded as a successful person then it must be that you focus on things with high potential consequences and the opposite goes for failure. If you have attention deficit disorder one way or the other, then you cannot focus. If there is something that always gets your time, and your attention taking you out of the important things, then it will be difficult to succeed because success comes with focusing on the right thing.
As a business person, the quality of your thinking determines the quality of your business and this is just the same with your life because the quality of your thinking affects the quality of your life. When it comes to business decisions, as an entrepreneur it is important that you are able to think deep and long compared to employees who are going to be thinking fast and shallow. Their decisions would keep the company going in the short term but your decision will keep it going in the long term. A lot of the best decisions that will be made as an entrepreneur would be made after a long thought. Anything that has big and long-term consequences do not require fast thinking rather it requires long and deep thinking.
In business, decision making is very important to keep the business alive. If you are in a business and you do not like anything in it, you do not need to complain rather you just change the business. If you do not like the service a staff is giving you, instead of complaining, what you need to do is to change the staff. If you do not like the result you are getting from a particular model, you only need to change the model t a better and profitable one. Worrying yourself a lot about the problem and the cause can set you back for a long time rather you look for solutions and how to ensure it doesn't happen again.
In all you do, ensure you have a great product or a great solution. Instead of spending millions to advertising a mediocre product, you can sell great products with little advertising because people love having good, and quality products or solution to customers. Quality is key and it will help you get closer to the heart of the customers. Remember to be a good business owner, you need to think like a customer.
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