tips to succeed in business

Tips to succeed in Business

To succeed in business today, you need to be flexible and have good planning and organizational skil
21. Stay Focused
The old saying that Rome was not built in a day applies here. Just because you open a business doesn t mean that you re going to immediately start making money. It takes time to let people know who you are, so stay focused on achieving your short term goals and give the rest time to come together on its own.
22. Prepare to Make Sacrifices
The lead up to starting a business is hard work, but after you open your doors, your work has just begun. In many cases, you have to put in more time than you would if you were working for someone else. In turn, you have to make sacrifices, such as spending less time with family and friends in order to be successful.
23. Provide Great Service
There are many successful businesses that forget that providing great customer service is important. If you provide better service for your customers, they ll be more inclined to come to you the next time they need something instead of going to your competition.
24. Be Consistent
Consistency is key component to making money in business. You have to consistently keep doing the things necessary to be successful day in and day out. This will create long term positive habits that will help you make money over the long term.
25. Find your niche
This should be something you are knowledgeable about and have an interest in.
26. Maintain self discipline
When you own a business, you get freedom. Quite often this freedom paves way to complacency. Your business will only survive if you buckle down and work at it. You have no one to answer to but yourself.
27. Be patient
No tree gives fruit overnight. For the fruit to appear, the tree has to undergo several phases. Similar is the success in any business venture. You need to be patient to reap the fruits of your toil. You need to keep your effort through the lean phase. You need to be steady and focused.
28. Be flexible
A brilliant idea alone will not ensure success in business. You need to learn to adapt your idea to the present day needs. Your idea should reach maximum customers with ease. In the initial years, customers will not come to you. You need to take your product or service to the customer.
29. Get people to cooperate
Always keep in mind that other people don t care what you want they want to know what s in it for them. By approaching negotiations with an attitude that allows both parties to win, you ll be more effective at eliciting cooperation and ultimately getting what you want.
30. Be proactive about your career growth
Approach your performance review strategically by soliciting feedback on your progress, identifying new goals and growth opportunities and hammering out a long term promotion plan. When asking your boss for a raise, be prepared with a list of contributions that have positively impacted the bottom line.