How to Achieve Real Success in Business: Five Breezy Tips

Home
>
Small Business
>
How to Achieve Real Success in Business: Five Breezy Tips

How to Achieve Real Success in Business: Five Breezy Tips

Achieving real success should be the goal of any good businessman. But what is real success? I believe that it is no just money, or instant growth. In my opinion real success is composed of the following factors. Good growth, good reputation and above all peace of mind. In this short exposure I try to elaborate on five factors pertinent in achieving this real success.

1. Do your homework and planning

Before starting a business you should study the background carefully. Many people ends up as losers only because they starts a business seeing the outside glitter. So talk with people doing similar business, customers and various others who are involved in similar business lines.

2. Be straightforward.

Even thought businessmen are believed to be cunning, a cunning person never gets peace of mind. It is always better to do things in the clean way. This does not mean that you should be foolish or to be cheated by others. You should be intelligent enough to understand others cunningness, but should be straightforward in your dealings.

3. Don't be greedy

Greed in any form is likely to cause peril in the long run. Taking huge profit from an unaware customer base may increase your growth temporarily, but will surely affect you in the long run and may even result in the collapse of a business. History shows that many business empires achieving such abnormal growth tend to terminate quickly. So insist on steady growth even if it is slow.

4. Insist on quality

Delivering a low quality product or service at a lower cost may increase your profitability, but is likely to obliterate to you in the long run. The customers now satisfied will turn against you when low quality shows out. Also remember that bad reputation travels faster and is difficult to remove! So insist on quality products and services even at a higher price.

5. Don't gamble in business.

Remember that Murphy's Law applies in business many times. So indiscriminate gambling may result in the collapse of your business. This doesn't mean that you should not take a calculated risk. But you should be able to survive even when things turn against you.

Kannan Balakrishnan is a faculty in Computer Science from an Indian university. He can be contacted on kannanb@post.com.

In The News:

'The goddess of volcanoes is showing herself'
Wed, 23 May 2018 03:08:00 +0100
Some of the best pictures of the Mount Kīlauea eruptions and lava flows have come from the air, so we decided to take a helicopter to the southern coast of Hawaii's Big Island.

Revealed: How Michael Jackson did Smooth Criminal tilt
Wed, 23 May 2018 09:12:00 +0100
Michael Jackson's gravity-defying Smooth Criminal dance move was down to core strength and an illusion, scientists have found.

NASA sends coldest place in universe into space
Wed, 23 May 2018 13:15:00 +0100
The coldest place in the universe is on Earth, or was on Earth. NASA has just launched it into space.

Sky crew set off for North Korea nuclear facility
Tue, 22 May 2018 22:45:00 +0100
We are finally on our way to the nuclear weapons test site at Punggye-ri after being delayed for one night.

Woman accused of importing £22m of drugs
Wed, 23 May 2018 10:56:00 +0100
A woman has been charged with importing £22m worth of drugs into the UK from Mexico.

tikatoshop.it

Erfahrungen mit Pallhuber Wein
Agen Bola SBOBET Terpercaya

Travel in comfort and at your leisure with CT Airlink Limousine & Car Service for top quality private transportation and exceptional customer service. We operate Sedans, SUVs & Vans for CT Car Services to covering all Connecticut airports including Car Service from CT to Newark Airport , Mohegan Casino Uncasville CT, Foxwoods Casino Mashantucket CT, Manhattan Cruise Terminal NYC, Brooklyn Cruise Terminal NYC and Bayonne Cruise Terminal NJ. CT Airlink hire licensed and friendly chauffeurs who have in-depth knowledge of the Areas.