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How To Build a Multimillion dollar firm - Business - Nairaland

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How To Build a Multimillion dollar firm by bodmax: 2:44pm On Mar 04, 2013
Permit me to say a business owner is not exactly an entrepreneur, a one-man-business could be registered as limited company but might not be a corporate organisation (in regards to its operation). Most business owner desires business growth even up to becoming a multinational organisation yet they play the Nigeria myopic business game. To grow into the next level they think of winning heavy contracts, having solid financial support, securing an international affiliates or becoming one of the government favourite moneybags firms. How do you see your company in the next 5years? All those billiondolar-hit-myths might not come, don't dwell on wishes.
Growing strategically with a well drawn plan in line with organisational vision is the surest way of going to the next level. The problem is that majority do not understand the growth principle so they have unknowingly truncated the progress. There are 3-element of growth in an organisation must develop simultaneously to experience the boost in question. These elements are human resources, networth value and idea resource.
Human resources growth is likened to the strength of a man to meant deliver continuous productiveness progressively. A boy of 5years old can fetch you 2litres of water but not 50litres unless his strength grows comparatively in time-space dimension. Do not expect your well learned staff to deliver increasing because you triple your capital investment or introduce great ideas into the company. The failure to invest into human resources is like a bone fracture, you cannot see it from the outside but with time the whole body frame will collapse under it. The mind of a man is what we use largely in human resource than his physical exertion irrespect of what operation we do. Human must be bodily and psychologically compensated, groomed and developed to experience true growth in business.
Networth value of a company is mostly misinterpreted only as the bulk of its capital trade or monetary worth but more importantly is customer relevance base. If the aggregate of this is increasingly improved upon the growth of good & healthy business is certain.
Idea is less recognised, the copy-cat principle of "what is selling" is seen even among big organisations. Look at the promos among competitors and notice the lack of ingenuity in product offering, branding and conceptualisation. It is ridiculous to employ someone within your organisation to do the thinking. For God sake you must have heard of "think out of the box" but the guy is in the box there with you. Get value from rare business innovators, sell your company share to turn it to mega-firm, value the ideas more if it is crazy and most of all don't undermine this write-up.
I wish you the best in business, how much can I say here but just enough to take you to the next levels. Freaksconcept.
Re: How To Build a Multimillion dollar firm by Tee13(f): 3:13pm On Mar 04, 2013
Tnx Dear

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Re: How To Build a Multimillion dollar firm by surveycash(m): 8:23pm On Mar 04, 2013
You sound experienced. Nice share. God bless you.

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Re: How To Build a Multimillion dollar firm by bodmax: 10:34pm On Dec 19, 2013
LEARN to LEVERAGE: FOR ALL THOSE WHO SEE OPPORTUNITIES AHEAD.
We are presenting this opportunity at an affordable rate and our admission is limited; strictly first come, first served!

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