Post by vimala on Jun 14, 2008 7:16:40 GMT 5.5
How to become a successful businessman
Believe in yourself
Lesson one -- Believe in your idea. Never underestimate what you can do. You may surprise yourself.
Hire the right people
Lesson two -- Build your team with people possessing complementary skills, not 'yes men' who are always showering praise. You need employees, partners and mentors you trust, who will give you honest feedback and take your company to the next level.
Be money wise
Lesson three -- It's tempting to dream of a corner office, a pool table and expensive chairs, but give it some time. Start small and start efficient. Being better is more important than being bigger.
Concentrate on the message
Lesson four -- Marketing a start-up business is a 24/7 activity and you need to pay attention to the message you're sending out to existing and prospective clients. Your message has to be tailored to meet the customer's expectations.
Keep the team motivated
Lesson five -- Be a coach, rather than the star player. Appreciate and acknowledge the positive behaviours of team members so that the behaviours turn into consistent practices.
Make mistakes
Lesson six -- The worst mistake is the one that gets repeated. Create a culture of learning and experimentation right at the start of the business. This will become a powerful value with the growth of the business.
Be passionate
Lesson seven -- If you are doing something and the day flies by, if you are surrounded with people you like to work with, then you have most of the ingredients for entrepreneurial success.
Believe in yourself
Lesson one -- Believe in your idea. Never underestimate what you can do. You may surprise yourself.
Hire the right people
Lesson two -- Build your team with people possessing complementary skills, not 'yes men' who are always showering praise. You need employees, partners and mentors you trust, who will give you honest feedback and take your company to the next level.
Be money wise
Lesson three -- It's tempting to dream of a corner office, a pool table and expensive chairs, but give it some time. Start small and start efficient. Being better is more important than being bigger.
Concentrate on the message
Lesson four -- Marketing a start-up business is a 24/7 activity and you need to pay attention to the message you're sending out to existing and prospective clients. Your message has to be tailored to meet the customer's expectations.
Keep the team motivated
Lesson five -- Be a coach, rather than the star player. Appreciate and acknowledge the positive behaviours of team members so that the behaviours turn into consistent practices.
Make mistakes
Lesson six -- The worst mistake is the one that gets repeated. Create a culture of learning and experimentation right at the start of the business. This will become a powerful value with the growth of the business.
Be passionate
Lesson seven -- If you are doing something and the day flies by, if you are surrounded with people you like to work with, then you have most of the ingredients for entrepreneurial success.