MY FIVE ENTREPRENEURIAL RESEARCHES

in esteem •  7 years ago 

These secrets are all common sense really. Its all very simple and straight forward. And the beauty is that you can apply them to your every day life as well. Not just to your business.

So, what are these secrets?
Leverage, sells plan, knowledge and profit is king leverage
If you think you can earn more by working a littke harder, its time for a reality check.
Take a look around you. Thousand of people you know all work hard, but are they all really getting anywhere? No, course they are not
The aim of the game is to work harder its to create better result with less efforts its about findly way of activity more with less
The key to success is Laziness.
There may be controversial, so let me explain you need to confirmally leverage your time, your efforts, your money and your knowledge if your paid a monthly wage, you will never earn morn than the number of month you work, but if your business is set up so you’ve paid whether you work or not, you will truly understand one of the key principles of success leverage.
Leverage is simply the ability to do more with less.
Put it this way: Employees earn money, business owner make money and investors and entrepreneurs collects money
Its all about creating an income stream that flows whether you work or not.
And creating are that gets better at time

  1. Sells Plans
    I can’t tell you how many times people who have invented something approach me. They say I have invented this business or product that the market will love it will make millions. Are you interested? My answer is always the same, No!
    Now don’t get me wrong, I have nothing against investors. But let me give you an example to illustrate my position. But in the gold rush days when everyone was out there digging away in attempt to find riches, would I had been there have bought a prospector license? No, most definitely not
    What would I have done, you ask I would have set up a stall on the side of the road and sold pans. You se, every single one of the diper would have needed a plan.
    Let me put another way. Do you think you can make a better pizza than dlomno pizza can? But can you come you with better system for selling pizzas? Interesting, isn’t it?
    My advice is this don’t go against the trild. Don’t try selling to people who don’t want to buy. You only need one they to make a fortune In the restaurant business – a strong crowd. Imagine selling a piece of handkerchief to someone who wind up his screens inside a fully air conditional car on traffic while some people are in commercial business sweating heavily who needs the handkerchief.
    If you have a preoduct that everyone needs it sell itself. Markeing is so simple when you stand in the path of people who really want to buy rather than having to go out there to sell
  2. Knowledge
    In today’s worlds, you can’t be cheaper than you competitor for long. You can’t be far better than anyone for long, so you have pot to know that knowledge is the key to business success.
    You must read ,read , read several books on business and still counting. How many have you read?
    Get yourself a great mentor, someone who has succeeded in business learn from a winner, not from a learner. Consider this coaches and advisors summand every great sports star, business person, super star. And it’s the world of business ounces faster and ats more competitive, you can’t possible hope to keep up with chances in your industry as well as the innovations in sales, marketing and management strategies. Many may consider having a business coach a necessity, not a luxury
     You need to attend business seminars, not only will you learn amazing things that apply directly to your business and your life, but also receive much needed motivation to help you through the hard times. Your batteries will be recharge. I am a product of so many meetings.
    One other thing, don’t be afraid to make mistakes. Develop a culture that allows you to make mistakes, because if you don’t, you will never know just where your boundaries are. You’ll also never discover new or better ways of doing thing. The reason I think I know more than some of my peers is because I have made more mistakes than they have. Remember the first time you tried to walk how many times do you fall down? No, you kept on trying until you got it right. Then you learn how to run.
    Any one work leennge kids will know one thing about them. They know everything. Just ask them if you don’t believe me. But it’s what you learn when you think you know everything that really ______.
    Intelligence is the ability to draw every finer and finer distinctions on a certain subject. Remember how that book you read twice was different the second time around? Onw of the fastest way to make income for yourself is to continually state that you know everything. Open your mind, it’s not the finer distinctions that will give you the edge over the rest of the people.
    The difference between ordinary and extra-ordinary is that little bit of extra
    I once had a friend who always says he love his good friends as much he love his bad friend. I ask why? He said he learn from the good friends what he is suppose to do nad also learn from his bad friend what he is not suppose to do. So he learns from both friends. What a lesson!!!
  3. Profitable King
    The number one business rule is that profit is the king. The success of your business has nothing whatsoever to do with how much rurenu it makes or how many people you employ. And it also has nothing to do with what market share it enjoys it’s all about profit.
    Now, I should suggest that you take a moment to consider what business you are in or want to venture into. Most business defines their business by what they sell. For instance, Automobiles dealers would say they are in the automobile business. However, it they were to take a marketing view, they would soon realize that they are actually in a profit making business.
    Making a profit is simple as spending less than you earn. In other words you’ve got to buy customers with your sales and market effort for less than they spread with you its simple basic mathematics, but it isn’t being taught in our institutions.
  4. The Internet
    The importance of the internet in today’s business world can never be overemphasized, the internet is big enough to contain very business owner in the world today. Just like any business owner can find a shop or an office outlet anywhere that same way they can create an online present using the internet. Small business owner, medium business and large scale business owner are all utilizing this tool today and it can never be over stranded.
    Any business that can exist offline can as well thrive even better online wisdom UBA in one of his master classes said that if you can make money offline you can make even much more money online. Business are using the internet to drive traffic to their business in thereby to drive traffic to their business and thereby causing more sale internet marketing.
    There are so many opportunity online like:
  5. Internet marketing
  6. attliate marketing
  7. Freelance writing
  8. Blogging
  9. Website design/maintenance
  10. Script writing
  11. Online advertising (social media)
  12. E-commerce
  13. Company braiding
  14. Information marketing
    just to remind us of a few opportunities online. These are part of what we will be learning at Horsetrack connect.

In the quest of my search for successful entrepreneurs, I meet the CEO of Naija pals and Gistimania------------- during our discussion he said that internet is the boom, with this tool in your hands your can do much more even with less stress and capital, he also reminded me that identifying a niche and providing quality content product and services for people to read, view and use thereby causing traffic which is money.

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Beauty-full

good read - thank you

Thank you

Like writing on steemit platform is a great opportunity.

Very nice keep it up