Success is the thing that everyone wanted. One way that many people do to achieve it is to start a business. Thought to be an entrepreneur has become a trend in all circles of society, especially among the young. Therefore, nowadays a lot of people who've successfully become entrepreneurs at a young age. This is not surprising, because many people start to feel tired and limited with just being an employee, so thought to make business became his choice.
To successfully start a business does not always run smoothly, it takes some skill and the steps that must be done correctly. There are even thought to say that not everyone can be an entrepreneur. But really, everyone can really be an entrepreneur if you want to learn and work hard. Here are some things that cause failure in business.
LACK of PLANNING
Not a bit of the passion burning beginner businessman in the early launch of a pioneering effort. Especially if they are attending a seminar or read a book on entrepreneurial business, then 45 spirit emanates clearly from their eyes.
We must first clearly specify what products will be sold, for whom this product is used. And about which we can get a lot of customers? All this must be thought ripe-ripe, not enough capital with reckless then the effort will succeed. It's true, just without the planning done then just lie.
But, if the only action without planning then like we know the streets without direction and purpose, compounded we go without provision for anything. Yeah anyway, the way how results either, think later. Isn't this going to be a waste? If our planning is done, then we can minimize the cost that must be removed. We can determine the right marketing strategy for products that we sell.
WRONG DETERMINE PRIORITIES
Determine priorities is important, because of this business side usually only on one eye only. "Yes, if managed to thank God. If fail is not the problem ". If the mindset is still like this then 75% will fail, why can happen?
Yes because we think like it, remember the mindset that affects the business. Negative thoughts are involuntary will affect the spirit, and the spirit will influence our work. Consequently, our productivity declining, if productivity decreased then the businesses will not be able to walk smoothly instead?
Now focus, though this side of the business but must be thought 100%. Change the mindset of being "this should work if it doesn't mean anyone is wrong. Evaluation! ". If the mindset has changed, it will greatly affect our productivity is, of course, the better.
WEAK MARKETING
At the time of initial build, the mostly unthinkable was to produce as many goods. Anyway not to stock items that are empty, so if there's any buyer they are not disappointed. This is not wrong, but also less precise.
Use the techniques of marketing research we learn first what kind of market behavior, the more specific target markets we will be getting better. Why is this so? Because the more specific market, we can determine the right strategy so that the market (consumers) want to use our products.
If we don't advance market research, and the origin of original production and selling a lot of it will be a waste of energy and venture capital. Better to test the market first, whether the goods were sold on the market or not. If successful, otherwise Yes stop or fix the product.
BAD MANAGEMENT
Management is very important to note. Even if you have no background management education but you can learn a lot from books or the management of the internet resources such as web rocket management.
Management that the company's heart, if management is bad it will be contagious to other divisions. You can learn the simple management in advance, e.g. salary management, bookkeeping, etc. Important the company arranged, mainly in financial flows.
Don't get money out of it outweigh the money that comes in. Each month we evaluate the business, with regular evaluation then we can fix the mistakes of the past so that will increase the productivity and quality of the company.
HUMAN RESOURCES are NOT COMPETENT
HUMAN RESOURCES human resources or in a business is an absolute must exist, how could a business work well if there is no human being who is moving it?
Well, have no competent human resources are one of the main causes of business failure. The most influential HR is on the owner/founder of the business, if the owner himself is not competent then the waiting time living business will roll the mat.
Then how is the solution? Specific to the owner, immerse yourself in the science of entrepreneurship which includes management and management of goods production, marketing, and management company. If you open a business with your friends or other people, make sure they are the ones who are competent. Do not let your work alone while they were living sitting waiting for a sweet passive income coming in. In business skills were important, but the passion to want to learn and adapt it more important. Why? Because the business was very dynamic, if we cannot adapt to the changing times then stay waiting time only businesses will go bankrupt.
To successfully start a business does not always run smoothly, it takes some skill and the steps that must be done correctly. There are even thought to say that not everyone can be an entrepreneur. But really, everyone can really be an entrepreneur if you want to learn and work hard. Here are some things that cause failure in business.
LACK of PLANNING
Not a bit of the passion burning beginner businessman in the early launch of a pioneering effort. Especially if they are attending a seminar or read a book on entrepreneurial business, then 45 spirit emanates clearly from their eyes.
We must first clearly specify what products will be sold, for whom this product is used. And about which we can get a lot of customers? All this must be thought ripe-ripe, not enough capital with reckless then the effort will succeed. It's true, just without the planning done then just lie.
But, if the only action without planning then like we know the streets without direction and purpose, compounded we go without provision for anything. Yeah anyway, the way how results either, think later. Isn't this going to be a waste? If our planning is done, then we can minimize the cost that must be removed. We can determine the right marketing strategy for products that we sell.
WRONG DETERMINE PRIORITIES
Determine priorities is important, because of this business side usually only on one eye only. "Yes, if managed to thank God. If fail is not the problem ". If the mindset is still like this then 75% will fail, why can happen?
Yes because we think like it, remember the mindset that affects the business. Negative thoughts are involuntary will affect the spirit, and the spirit will influence our work. Consequently, our productivity declining, if productivity decreased then the businesses will not be able to walk smoothly instead?
Now focus, though this side of the business but must be thought 100%. Change the mindset of being "this should work if it doesn't mean anyone is wrong. Evaluation! ". If the mindset has changed, it will greatly affect our productivity is, of course, the better.
WEAK MARKETING
At the time of initial build, the mostly unthinkable was to produce as many goods. Anyway not to stock items that are empty, so if there's any buyer they are not disappointed. This is not wrong, but also less precise.
Use the techniques of marketing research we learn first what kind of market behavior, the more specific target markets we will be getting better. Why is this so? Because the more specific market, we can determine the right strategy so that the market (consumers) want to use our products.
If we don't advance market research, and the origin of original production and selling a lot of it will be a waste of energy and venture capital. Better to test the market first, whether the goods were sold on the market or not. If successful, otherwise Yes stop or fix the product.
BAD MANAGEMENT
Management is very important to note. Even if you have no background management education but you can learn a lot from books or the management of the internet resources such as web rocket management.
Management that the company's heart, if management is bad it will be contagious to other divisions. You can learn the simple management in advance, e.g. salary management, bookkeeping, etc. Important the company arranged, mainly in financial flows.
Don't get money out of it outweigh the money that comes in. Each month we evaluate the business, with regular evaluation then we can fix the mistakes of the past so that will increase the productivity and quality of the company.
HUMAN RESOURCES are NOT COMPETENT
HUMAN RESOURCES human resources or in a business is an absolute must exist, how could a business work well if there is no human being who is moving it?
Well, have no competent human resources are one of the main causes of business failure. The most influential HR is on the owner/founder of the business, if the owner himself is not competent then the waiting time living business will roll the mat.
Then how is the solution? Specific to the owner, immerse yourself in the science of entrepreneurship which includes management and management of goods production, marketing, and management company. If you open a business with your friends or other people, make sure they are the ones who are competent. Do not let your work alone while they were living sitting waiting for a sweet passive income coming in. In business skills were important, but the passion to want to learn and adapt it more important. Why? Because the business was very dynamic, if we cannot adapt to the changing times then stay waiting time only businesses will go bankrupt.
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