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Showing posts with the label #businessmyth; #businessadvise; #mybusinessgrowsbigger; #mbgb; #successprinciples; #businessprinciples

The 7 Principles in Negotiation

Negotiation is one skill that every business man should have. Some people think that negotiation has something to do with luck but the truth is, it can be learned and mastered. With these seven principles and some charisma and sheer of luck, you will definitely win any negotiation you will engage yourself with. 1. Be Your Best Self. And when I say be at yourself means wear the most comfortable and presentable suit you have. You need to give them the impression that you respect your job and so they will take you seriously. Being able to present yourself well is already an edge for you. 2. Listen to them carefully. Do you know that one of the classic way to intimidate people is by listening to them attentively? You have to know exactly what they want so you can upgrade your offer more than they expect. The person who do more of the talking in negotiation already lose it. Just let them talk, pay attention and don’t give out all your cards immediately. 3. Quote twice as much....

Are You Ready to Start Up a Business?

Having a business idea and starting it up is not everything you have to know about the business. There are things that you must be well prepared for. Truth is it doesn’t start and end in the grand opening. Here are some simple things that you have to realize before starting up a business. In fact, these are so simple that even young entrepreneurs miss it. However, knowing these simple and practical things can help you cut a huge portion of your business’ expenses. These things will also determine whether you are truly ready of starting up your own business. 1. Extra Cash.   It’s very important to have extra money in the bank for business alone. Most successful businesses are the ones that was carefully thought of and funded. Getting loans in the early stage of business is not advisable. You have to remember that the whole point of having a business is to have financial freedom in the future, not to put yourself into debts.  For example, if you are thinking of putting ...

The Business Myths

Here are some business myths that I’d like you to understand. Whether you are planning to start up a business or you are currently having one, here are the false beliefs that can guide you to grow your business. 1. The business is enough to sustain a family. This is the common mindset of some people who are planning to start up a business. Some of them quit their jobs and just focus on their business. Well, somehow, it depends on the number of people that the business will support. If you are single, then this will most likely work for you. But having a family and having one business alone cannot sustain all your family needs except of course if your business is in real estate, having number of rental properties, then that should be enough. However, if you’re capital is limited and you have start up a business, I suggest that you don’t quit your job yet or at least have another investment. I know that being hands on in the business is important but if it is the only sourc...