If you want to become a big businessman, then you must take care of a few things. Following are a few business tips that can help you improve in your business.
- Don’t waste your time. The first thing you must take care of is time. You are the engine of your business and your employees are the boogies. The speed of the train depends on the engine. The engine is your time which is most precious. Now note where are you spending your time? Avoid spending time on things where your involvement is negligible like watching T.V., listening to music etc.
- Don’t follow the proverbs like “slow and steady wins the race”, “haste makes waste”. But there are disclaimers for this. You have to drive safely and not in a hurry. Your life is precious. Whatever your aim or goal is, have patience and work on it continuously until you achieve it. Other than these things, you must do the rest really quickly.
- Don’t copy others. If you want to become a successful and a powerful businessman, then stop copying others. Bring out your own creativity. If you create your own things, you will achieve a great success in business.
- Don’t keep cheap employees. Spend money, keep educated, dedicated and good employees. Be wise in employing people. This will give rise to your business.
- Don’t dig a new well everyday. You may face ups and downs in business, but to go in the correct way you must speak with your team, analyze the things, check the MIS report, learn from these things and take the necessary steps to improve.
- Retain old customers. To run your business successfully and smoothly, you must satisfy all your customers. You must apply 6 Sigma according to which customer satisfaction should be 99.99966%. (“A six sigma process is one in which 99.99966% of all opportunities to produce some feature of a part are statistically expected to be free of defects” Wikipedia). A happy customer is your agent forever.
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