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8 Clues To Boom Your Business From One Staff To Ten Staffs In Just Five Month's - Business - Nairaland

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8 Clues To Boom Your Business From One Staff To Ten Staffs In Just Five Month's by Nobody: 10:15pm On Nov 30, 2017
undecidedHow[url]seyiblog.com.ng[/url] Do You Start You obviously want to accomplished more with the life God gave you that is why you are reading this article. There is a principle of achievement which can be applied to any area of endeavor in life. Those who have succeeded in the past have left us clues as to how they succeeded. You can intelligently follow their clues and crest the same level of success in your life. Looking for some difficult, complicated and mind blowing process to success is a waste of your time. The earlier the principle, the quicker your success will appear. If you want to succeed, you must start. Here are some clues successful people have left us about how to start and launch your ideas or dreams. 1. START SMALL Little acorns grow into big oak's. The principle of life is that if you must succeed, you must start small. Every achiever knows that success comes in little seeds, therefore they look for the smallest possible way to start and launch their ideas or dreams. Failures on the other hand look for the most complicated means of launching their ideas or dreams and never get it off the ground. What most people find challenging is know to break down their dreams into small workable plans that can be tackled one small bit at a time. If you try to handle your dreams all at once, it may seem so overwhelming and that is the reason many people give up. The secret to successfully execute your dreams or launch your ideas is to start as small as you possibly can. Starting small is relative depending on the kind of business you are engaged in. There are some businesses you cannot afford yo start too small if you want to succeed. Let me explain. If you want to start a restaurant, you cannot start with two tables and a chair in an obscure area of town where no one will be able to see and patronise you. You must pay for a good location, and equipment, beautiful interior decor and hire some staff. To start small, you may need to get some other interior involved or else your restaurant may not be recognised as a quality place to dine. Your restaurant may not be big, but it should be a cozy place for people to eat. That is starting small. When you succeed at your small stage, you can then source for financing to expand your business. If you don't have the finance to launch out with your main idea immediately, you can start a business from which you will generate the requited capital to launch your main business. The simplest way to raise capital us to buy and sell. Loom for a valuable product to sell. The reason some people fail in business is because they listen to wrong counsel and start from the top, instead of working their way from the bottom up. The only thing you start from the top is a grave, if you start from the top, you may be overwhelmed by the demands, stress and the level of commitment required to stay at the top. You don't have the necessary experience, skill, staff or know how to scale through the hurdles you face. In a little while, those challenges will bug you down emotionally, mentally and spiritually and you may eventually give up on the whole project. Starting from the top is the pathway to mediocrity or outright failure. It is true that failure is one of the prerequisites for success but you don't deliberately set yourself up to fail by taking on what your emotional, mental or spiritual muscles are not developed enough to carry. READ: How To Start A Business And Win With Your Ideas And Dreams Chapter 3. A young man was out of work. Someone suggested a new line of business to him and gave him some leads. He immediately began his business with a telephone in his living room. He made all the international calls in his apartment until business started coming in. Today he has a very beautiful office in a highbrow area of Lagos. If he had waited for the perfect office space, he would probably still be looking for money to start his own business. Dr. David Oyedepo, chancellor of covenant university of Nigeria said he started small. When he began his ministry, the international headquarters of his ministry was a table tennis board! He arranged some chairs around the tennis board and there with his staff, held strategic meetings from morning until evening when he had to quit the board for the prayers who used it regularly in the evening time. But today, the ministry has built an international headquarters, it has the largest church auditorium in the world and a university sitting on hundred of acres of land. If he wasn't willing to start small, he wouldn't be where he is today. THE BENEFITS OF STARTING A SMALL BUSINESS ARE LISTED BELOW; LOW START UP COST: Starting small will save you the usual high cosy of setting up a business. It is the high cost of starting a business that scarce most people from trying in the first place. If you start small, you save a lot of investment capital which you can use to support your business until it stars making profit. If you are trying out on your own, starting small means that you don't have to rent a very expensive office space to begin your business. You cab start from your home and build up your business capital until you can afford or raise the money to rent an office space. Unless your product is office space, you don't need to have one to begin with. People are interested in what you can offer them, not how fanciful your office looks like at the onset. They are interested in your business performance, your ability to add value and deliver on your promise. MISTAKES When you start small, your mistakes will be small. If you start big, your mistakes will be very big and costly to you. No matter how perfect you are in what you do, when starting a business, you are bound to make several mistakes. If these mistakes are hug, they may discourage you and cause you to give up on your business. If you take on hug challenges when you start out, they may just overwhelm you because you lack the financial, mental and emotional resources to deal with them. When you start small, you make small mistakes which are easier to correct or rectify. When you are small, your mistakes are usually in hundreds or a couple of thousands but if you start big, you will make mistakes worth tens of thousands or even more. If you make mistakes when your customers are about ten or twenty, you can easily correct it, but when you have hundreds of customers, every mistakes will automatically reflect on your bottom line. STAFF Starting small will also enable you to carefully and progressively recruit quality staff. Quality staff are hard to come by. If you start out hiring so many people to help you with your business or enterprise, you may hire the wrong people. It is better to start out with one or two people, train them and assess their performance on the job. LEADERSHIP SKILLS Starting small will enable you develop your leadership skills. The success of your enterprise or business depends on the quality of your leaderships. If your staff make mistakes, you will be able to handle just two people instead of having ten dissatisfied employees on your hands. Unless you've developed your leaderships skills in your former place if employment, you may not be able to read the signals of employee dissatisfaction. But if you've Learned to relate and communicate successfully with your first employee, you can now apply your skill to other employees you will be hiring in future. One things you must realise is that your employees will make or break you so, hire smart. Go for quality and not just quantity. Remember that if you pay peanuts, you will have monkeys for staff. Pay well and treat your employees with respect. SUCCESS When you start small, you are able to handle your success as it grows. If you succeed too fast, it may eventually hurt your business. Success if it comes too fast, can be detrimental to your business health. Overnight business success is not something you should pray for. If you don't have a structure in a place to manage your success, it may result in failure. You should build your capacity to handle success before you achieve it or it may just overwhelm you. Am I saying that you shouldn't believe God to prosper your business? By all means you should but you should believe for success that you can handle. For instance, you open a restaurant and withing a few weeks you become successful beyond your expectations. Your tables are fully booked, many prospective customers come in only to find out that there are no table for them. This success scenario nay play out in two ways. First, your potential customers may return to book a table because of your reputation for providing mouth watering dishes. Secondly, your potential customer may just go and have launch across the road and forget about you. Unless you offer a very unique cuisine, your potential customers may not return and that us not good for your business. What you should do is strategically grow your clientele until the the restaurant becomes fully booked. This way, you prepare for success which you can handle. The secret of a successful business is return customers. You should do everything possible to ensure repeat patronage by your customers. READ: How To Start A Business And Win With Your Ideas And Dreams Chapter 2 2. START NOW Procrastination is the assassin of opportunities waiting for the perfect time to start and launch your ideas or dreams has been the undoing of many people. Someone said the best time to plant an iroko tree was 25 years ago, years ago, the still waiting for tomorrow to come, you may end up never doing meaningful with your life. The reason many people struggle financially is because they refuse to do anything right now to savage their financial situation. They wait for the perfect time to invest in shares, landed property or other lucrative opportunities. What they don't realize is that the more they delay starting, the more difficult it becomes for them to become financially independent. Some people want to write a book they keep waiting for the perfect day when they will have the time or be in the mood of write. But the truth of the matter is that if you want to write a book, you must create the time to write. We created time for what we love. We must understand that there is no perfect time to start or launch your idea or dream. If you look around you long enough, you will catalog enough reasons why you should defer the launch of your dream till tomorrow. But that tomorrow never comes. Today us the tomorrow we talked about yesterday, but what have we done about our dreams and ideas? To start now means that you should write out your idea. Bring out the blueprints for your business and work on you strategy to raise funds, hire people and sell your product in the market place. To start now means to set aside at least an hour a day to work out the details of your intended business or idea. As you work on it, your dream or idea will take on a life of its own. It will come alive and begin to move you in the direction of its realization. If you desire financial freedom, to start now means you should secure the services if an experienced financial advisor or look broker and invest in share you can afford. The secret of financial success is to form the positive habits of financial success is to form the positive habits of saving and investing. These habits will program you to always be on the lookout for viable opportunities to invest. Your positive habits will train you to see and take advantage of financial opportunities that millions of people pass by daily. If you start now, you will hasten your financial freedom. 3. START WITH VISION Every great achievement began with a vision in someone's heart. To succeed in life you must have a clear vision if what you intend to accomplish. A vision is the picture of the end result you want to produce. It is what you want to achieve, a clear road map of where you are headed in life. Nothing significant never happens without a vision. Many people are dabbling in life because they have no clarity of direction. They dabble into whatever comes their way as long as it holds a promise of finance reward. But you must understand that a vision in your heart us more powerful than money. Vision is what secures and guarantees your financial destiny. Being financially destitute us not as bad as being vision destitute. A person who lacks direction in a life will end up a failure no matter how much money he may start his life with. Money in itself does not guarantee success. What guarantees success is a clear vision backed by plans and consistent action. Vision is received through prayer, meditation and silence. Write down your vision where you can read it daily until it becomes an integral part of you. When you clarity, you will move confidently toward your destiny. READ: How To Start A Business And Win With Your Ideas And Dreams Chapter 2. 4. START WITH A PLAN To actualise the dream in your heart, you must break it down into little portions then develop a plan to carry them out. Without a plan, your dream will never become a reality. Planning brings order into your life, you will jeep on on going in circles and accomplishing little or nothing. At the planning stage, you consider the cost of your intended project. In Luke 14:28, the Bible say for which of you, intending to build a tower, sitteth not down first and counteth the cost whether he has sufficient to finish it?. You must sit down and carefully map out a strategy to bring your idea or dream to life. Maps out all the necessary steps to take before your dreams becomes reality. If you win on paper, it is possible that you will win in reality, but if you cannot think through on paper and solve all your potential problems and changes, you will not succeed in the pursuit of your dream. At the planning stage, you will discover your possibilities and challenges. This is when the strengths, weaknesses, opportunities and potential threats to your idea or dream will arise. This is what is referred to as the swot analysis of your idea. The more through you are with this analysis, the easier it is for you to excuse it. If you don't deal with your problems during the planning stage, they will become stumbling blocks when you begin the execution of your plan. To succeed, you should have at least two backup plans in case the first one encounters some unforeseen problems in future. Having plans A, B, C and D is not a sign of fear or lack of faith, it is a sign that you have thought through your plan and considered every possible things that could go wrong in its execution. You have factored in the unknown and proffered solutions to them before they ever arise. Every conceivable scenario to them. People who begin and pack up did not think through on their opportunities and challenges. In fact, you should created challenges in your mind and come up with solution to them so that you are never scared of unforeseen problems. Before going into any business, ask this question, what is the worst thing that could possibly happen? This question prepares you for any eventualities or unforeseen contingencies. When you answer this question, you prepare yourself to meet whatever change arises in the course of pursuing your dream or idea. I sold a books for several years before I started writing my own books. Before I invested in any opportunity, I always asked myself, what is the worst thing that could possibly happen if I don't sell these books? Books are imperishable so the worst case scenario, if I didn't sell my stock immediately, was keep them until I had the right clients to sell them to. I reasoned that I had enough backup capital to sustain myself and business until I sold those books, so I usually went ahead to invest in every interesting books. I always ended up selling those books. If you want to succeed in your business, you must learn to ask and answer this crucial question. During this planning stage, you should write down your goals. A goal is a dream with a deadline. If your goal doesn't have a time frame within which you must achieve it, then it is merely a wish and nothing more. Write down measurable, realistic, achievable and believable goals. You should have short term, medium term and long term goals. Do something positive about your goals daily keep updating your goals. As you accomplish those on your list, set new and more exciting goals to pursuit.
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Re: 8 Clues To Boom Your Business From One Staff To Ten Staffs In Just Five Month's by koksybrown: 10:46pm On Nov 30, 2017
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Re: 8 Clues To Boom Your Business From One Staff To Ten Staffs In Just Five Month's by koksybrown: 10:46pm On Nov 30, 2017
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