The secret to Business Success Part 3

By: richchoice on August 23, 2018

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The secret to Business Success Part 3

ACT ON THE PLAN

most times plans are made but are not back by action, newton second law state that a body will continuously be at rest until it's acted upon by a force,  Newton third law also states that action and reaction are equal and opposite. 

you may have a nice idea backed by a wonderful plan failure to act on it will yield no results, many times i have discover that any situation will fail to do something about will just remain still until will act on it, taking action or making moves is a very important key in achieving success in business. 
during the early stage of our business start up will encounter challenges which we will be sharing in our subsequent  post, we got to a stage were we needed to act and solve some challenges, you can run from it because you must act in other to make things happen.

PASSION
you need to be passionate about the business you are doing or you about to start, any business you don't have passion for will fail, passion will always keep you going even in the face of challenges, don't venture into a business because someone else is into it, accept you have passion for that business.

when you have passion for the business you will enjoy doing the business and you will be happy with what you are doing. 

IDENTIFY YOUR MARKET

know your customers, identify the area you are needed, don't start a business just because people are around, if you identify a large number of people living within your targeted area is not enough for business success, try to identify the percentage of people who will need your product and how often will they need the product of service, is it what they will buy every day, once in 5 years figure out their needs.

with this understanding you can carry out your marketing and sales to your targeted customers.

BUILD TRUST

Good name is better than riches, ensure your customers can build up some trust on your product or services. don't just transact business just because you want to sale, every one can sale once but not every one can sale over and over to a particular customer, the trust they have on your business will make them differentiate you from others, will also make more sales for you. don't cut corners because ones your customer discover it they will be to run from your product.