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Business Guide

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We hope you will discover various and useful business information to help you reach your goals.
 

Quiz Answers & Comments

1. It's important to know what you want and why you want well in advance and to shape your goals because you'll be spending long hours at it. You don't want to waste time, resources and your own security to find out you'd be happier working something else.

2. If you answered NO you are one step ahead. You should be aware that you may not be able to have free time like before.

3. Leadership is still a necessary trait for any entrepreneur. Management means much more than giving orders. It means build an effective and inspired team, maximum utilization of money, people and other resources. Poor management is the largest single cause of business failure.

4. Entrepreneur is not a born gambler, but those who make it in business must take risks. Try to control those risks.

5. Starting your own company is not for those who seek immediate results. Some projects might take five or ten years to complete.

6. Good entrepreneurs not only see solutions where others see problems - they also see solutions when others don't recognize there's a problem at all.

7. Successful entrepreneurs are generally excellent problem solvers and they are known for their ability to a changing marketplace quickly.

8. If you are able to manage your personal finances you'll probably handle business financial matters equally efficiently.

9.Successful entrepreneurs are known for their ability to adapt to a changing quickly. Keep in mind that you can plan and prepare many things but new and different problems crop up every day and it's critical to act on the solution immediately.

10. You have much more chance in business if your family and others close to you are prepared to stand by you.

11. Being your own boss can offer great satisfaction, but with it comes the responsibility too.

12. Business success or failure will depend on your understanding of business you are entering. If you have no experience in the type of business that you want start, work for a while for someone else who is already established, because experience is the greatest of all teachers.

13. Running a business is hard work and long hours are not unusual - especially in the start-up phase when you have to sacrifice some of your free time.

14. An informal network of skilled advisors and other contacts with business experience to assist you or help you can be extremely helpful.

15. The ability to put your mind to a task is a strong indication that you have the qualities for excellent business person.

RECOMMENDED  LITERATURE

Marketing Management - This worldwide best-selling book highlights trends and developments in global marketing-with an emphasis on the importance of teamwork between marketing and all the other functions of the business. It introduces new perspectives in successful strategic market planning, and presents additional company examples of creative, market-focused, and customer-driven action. Coverage includes a focus on customer relationship management, partner relationship management, the Internet and its effects and uses, brand building and brand asset management, alternative go-to-market channels, and marketing around the globe.

How to Really Start Your Own Business - W.D.Bygrave, professor of entrepreneurship, Babson College "Gumpert's how-to book is simply the best. No would-be entrepreneur should launch a business before reading this book."

The Magic of Thinking Big - SET YOUR GOALS HIGH... THEN EXCEED THEM: Millions of people throughout the world have improved their lives using The Magic of Thinking Big. Dr. David J. Schwartz, long regarded as one of the foremost experts on motivation, will help you sell better, manage better, earn more money, and -- most important of all -- find greater happiness and peace of mind. The Magic of Thinking Big gives you useful methods, not empty promises. Dr. Schwartz presents a carefully designed program for getting the most out of your job, your marriage and family life, and your community. He proves that you don't need to be an intellectual or have innate talent to attain great success and satisfaction -- but you do need to learn and understand the habit of thinking and behaving in ways that will get you there. This book gives you those secrets! * Believe You Can Succeed and You Will * Cure Yourself of the Fear of Failure * Build Confidence and Destroy Fear * Think and Dream Creatively * You Are What You Think You Are * Make Your Attitudes Your Allies * Learn How to Think Positively * Turn Defeat into Victory * Use Goals to Help You Grow * Think Like a Leader

 
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