The Five Rules Of Long-Term Business Success - Otta.com
Every peoples know that peoples can earn lot of money through business and after knowing this fact few people become courageous and brave star doing business which is really good but bad news is many people among st these brave people fail to make their business successful. They invest everything but still fail to face success because while doing a business they make some mistakes which ruin their investment, mistakes that cost them everything. Many time they face such a huge loss that next time they don't even think of starting all over again. According to Christians and Jews, the way god has given 10 commandments to prophet and others to follow in order to create successful life as well as hereafter. After learning these commandments any person will have capability to create a successful business. These commandments will share such wisdom which will allow you to earn lot of money and also create big fortune through your business. In order to make your business successful the thing people need to do to fill some commandments.
5 commandments in order to make business successful
1. Control
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| Control |
Suppose, there are two farmers, first farmer farms on his own land for a year and wherever he earns from the land with that amount of money. Whereas other farmer works for other land and he earn after working for other with that amount he runs his family. Now you tell us per business mentality who is more benefited and who is in better position at present and who will stay in good position even in future? Obviously maximum will say first farmer because he has his own land and has control compare to other farmer. Hence commandment of control teach us that the more person will have control in business the more your business will grow. Many peoples make a mistake in order to earn they become dependent on one medium completely which isn't a best option at all. According to first commandment try to have maximum control over your business and in your life.
2. Entry
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| Entry |
This commandment asks a very serious and important question for us which is "how easy it is for others to start same business life you? Is it difficult or easy for others to start similar business life yours? For example, few days ago i was talking to one of my relative at start of his career my relatives had started snacks related to business. At start he was getting lot of profit, but however it was very easy for any person to get into same business like anyone can start snack business by taking 2 or 3 people along with a cooks help. When other saw that snacks business give lot of profit, others also started doing the same business. So, you must remember that the business which you are doing or business you are thinking to do should be so difficult that others. find very hard to start that same thing or your business should solve really big problems only then your business will able to become successful otherwise with lot of competition you will not able to earn profit which eventually affect your business growth. So the thing you should remember that if any person can copy your business easily then it means you are not following second commandment properly. Entrepreneur main motivate is to solve problem the most difficult problem you will solve the more success you will face.
3. Need
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| Need |
Need is the central point of 5 commandments. As I said earlier the biggest motive of any business should be like solving other problem. If you are making the easy for people or giving other better service then you are following this commandment which is really very important. If you think why I am sharing so obvious thing because as per research today many startups fails because businesses prepare a product which isn't needed by others. They feel as if their idea is best and aware some but when they lunch their product no one buys it because no one needs it and this is something very serious issue. There is a very famous saying in business line which says " It doesn't matter what you want it matters what your customer wants".
4. Time
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| Time |
If you are always need for your business then you are not creating a business but you are creating a job and fact is maximum people make the same mistake while starting their business. They start selling their time for their business which isn't right. Example, suppose you have a garments shop which works daily only when you am present and if you don't go then wok will closed then you are selling your time to earn money which isn't right at all. But if you hire anyone who can do everything then by doing this then you will make your income independent.
5. Scale
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| Scale |
This commandment ask you that is your service or product which you are sell can be re placate easily or can be salable? You can take it to the next level? Example, you are very talented artist and the way you create painting, no one can do that. Your painting is so aware some that other start giving you work with this you create your own business and start earning money. But here problem is your time, you have more customers and your output is less. Hence your business isn't scale. Because you are able to handle only 5 clients. Then at such situation you won't able to build huge business. Your business should be like where you can handle 5-10-20-100 clients easily while growing your business. You should create such business which you can easily scale and you don't find problem in expanding that business.
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