My Business Grows Bigger

Whether you are currently running a business or thinking of starting up a business, here are few things that you need to know to help you avoid the business to fail. These are also seven things that businessmen wish they knew before their business failed. 1. Exhausting Your Start Up Funds. Extra money runs the business. Without it, the business is almost impossible to survive. The most common mistake of new entrepreneurs is using up all their capital to launch the business and depend on the profit for the business expenses, bills and dues. There is a six-month-rule in starting up a business. During this period, all the business profits should go to the business alone. You shall not take anything from it to establish the business and let it grow. However, an extra cash is necessary for a lot of unexpected business expenses. 2. Concrete Plan. I know that it’s exciting when you first come up with an idea about a business you want to start up. However, planning for the launching ...

Many people used to think that business is some kind of talent that every successful man must be gifted to have. I personally think that some people are really gifted when it comes to managing money while others do not have an innate ability to grow money. However, managing money is also a skill that one can learn and with consistent practice and years of experience, this skill can be something as natural to you as well. So here are 7 skills of successful businessman that you might already possess or may want to learn acquiring. 1. Adaptable. Being adaptable is a quality and skill that every successful businessman has. They do not easily get shocked or panic when the problem arises. They manage to keep calm while resolving certain problems and because of this skill that they have, it’s easy for them to think clearly when sudden challenges in the business occur.    2. Strong Connections. A good businessman is completely aware of his circles and take care of them like a...

Aside from the different business plans, approach and strategies in business, a good businessman must also come up with his own objectives or principles when it comes to his own business. Below are some of the business principles that you might find applicable for your business. 1. Treat everyone with caution. In business, there is no permanent friends and enemies, only permanent cycles . Everyone knows this in business world. The person who helped you now might be the same person to give you trouble in the future and at the same time, your greatest rival today might be the best help you can have tomorrow. Everything is a cycle in business world. You have to treat people with caution and make sure that you are in good terms with everyone. Even with your competitors. The way you treat others is the reputation of your business that you are leaving to the public so be careful with how you treat others and keep a good relationship with everyone. 2. Treat everyone more than their ...

“No man is an island” is one of the best quote that actually summarize how is it like to be a successful businessman. Your business basically depends on your good relationship with your workforce, suppliers, consumers even your competitors. Networking is indeed important to any business regardless of the kind of industry. Here are some benefits of a great networking. 1. Referrals. Networking means connecting and interacting with people which leads to good relationship that leads to referrals which means money. That’s why it is very important to have a good relationship to everyone especially for businessmen. Having rifts and unresolved conflicts with people can only narrow your world in business world. Expanding your network means taking care of your reputation. People in the same line of products or service as you have in a network is something that you cannot avoid. Sometimes, your edge is not your brand. People would most likely to recommend or refer someone whom they have in g...

One of the most important elements in business is networking. By definition, networking is simply the act of connecting with people to exchange information and develop relationship for mutual growth. For some people, especially the shy ones, building a strong networking comes as a challenge. I am an introvert myself and connecting with people is something that is not natural for me. However, these few steps in networking has helped me to build a strong networking and connect with other people and organization fast and effectively thus, affiliating becomes easy. 1. Attending events and seminars. If you want to build networking, you really have to make time attending for events. You may start attending events which the attendees have the same interests with you. It’s easier to connect with people you can easily relate too. A simple art exhibit in your town, if you are into paintings and arts, is actually a good start. Once you make friends with people there, you may exchange your co...

A lot of people have been into search for the secret about being wealthy and successful. But the truth is, there is no single path to it. There are many ways to be one and the first step is realizing your dream. You see, you cannot have the same fate by following the steps of the richest person on earth unless, you are good at what you are doing and you love it. In fact, the most successful business men in the world are in different fields and industry. Here is a list of 7 most successful businessmen in the world from different industries and I want you to be inspired and see how their own philosophies about life, dreams, purpose and their attitude about failures have brought them to the peak of success. “ From the beginning, I was trained to work, to save, and to give .” —  John D. Rockefeller 1. John D. Rockefeller Age: 97 (July 8, 1839 – May 23, 1937) He was an American oil industry business magnate, industrialist, and philanthropist. He is widely considered the wea...