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Showing posts with the label #TheRightBusinessGoal; #businessadvise; ##successprinciples; #businesssense; #mybusinessgrowsbigger; #mbgb; #businessTips

Six Functions of Business Management

There are many ways to financial independence. You may maximize your savings, have insurance or the fastest way, invest in business. Choosing the latter to financial independence is the fastest way however, investing in business also has the biggest risk especially if you never really had a background of study about business management.  Although I believe that there’s a sales person in everyone, as we all buy and sell every day in different forms and degrees, I don’t underestimate the value of having a formal study of business management. In fact, I believe that learning the basics in business is important in polishing our business’ skills. Below is a diagram of business management that I created to help you in your own business management journey. I call this PIC MAP (Production, Inventory, Cash flow, Man Power, Approach and Promotion), a simple, easy to understand diagram in business management functions for your efficient and competitive performance in the world of busine...

The Right Business Goal

When talking about business goal, the first idea that will come to your mind is achieving the maximum sales. Well, there’s really nothing wrong with knowing the business’ full potentials. However, I don’t think that this is the right business goal. Truth is this kind of business goal often lead to poor sales. People nowadays refuse to spend on anything unless it could really give them great value. Sadly, we live in a world today where the only time to catch people’s interest is if it’s something that would benefit them more than it benefits others.  Two years ago, I was giving a motivational talk to people from different walks of life and I opened up about my project of helping one specific community in one village where illiteracy rate was a little bit higher compared to normal places. I told them that whoever wanted to be part of the project could stay in the room after the event. To my surprise, the room was still full of people after the program. I was surprised that every...