Wednesday 23 March 2016

7 Rules for building a successful business

7 RULES FOR BUILDING A SUCCESSFUL BUSINESSES.
               by Onyii samuel jasper:
     Rule (1).  
COMMIT TO YOUR BUSINESS:-
Believe in it more than anybody else think, if you love your work you must be out there everyday trying to do it the best you possibly can, and pretty soon everybody around will catch the passion from you -like a fever.

    Rule(2).
SHARE YOUR PROFITS
 WITH ALL YOUR ASSOCIATE AND  THEM AS PARTNERS:-
  in return they will also treat you as partner and together you will all perform beyond your wildest expectations. Remain a corporation but behave as a servant leader with your partners. Encourage your associates to hold a stake in the company.

   Rule(3).
COMMUNICATE EVERYTHING YOU POSSIBLY CAN TO YOUR PARTNERS:-
The more they know, the more they will understand, the more they understand the more they will care and once they care, there's no stopping them. If you  trust your associates to know what's going on, they will know you really
 consider them as partners, information is power,  the power you get from empowering your associates more than offsets the risk of informing your competitors.

   Rule(4).
EXCEED YOUR CUSTOMERS EXPECTATIONS:-
 If you do they will come back over and over, Give them what they want and a little more. Let them know you appreciate them and make good on all your mistakes, don't make excuses-apologize . Stand behind everything you do.

   Rule(5).
CONTROL YOUR EXPENSES BETTER THAN YOUR COMPETITION:-
  This is where you can always find the competitive advantage.  You can make a lot of different mistake and still recover if you run an efficient corporation

   Rule(6).
CELEBRATE YOUR SUCCESS:-
  Find some humor in your failures, don't take yourself so seriously,  loosen up and everybody around will loosen up. Have fun,  show enthusiasm-always. When all else fails, put on a costume

   Rule(7).
BE CREATIVE:-
  Don't do the way others do and be creative because creativity is the number1 secret of every successful business and learn to be different.

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