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Who doesn't love a freebie, am I right? Thank you so much for this Jordan and many congrats on getting through an amazing first year with this great website!
Absolutely, the importance of research can never be stressed enough before starting a business, for the success and profitability of the business. And I like the other point you have mentioned about having a plan for if things in the business do not work out, that is very important too so as to...
This is a very good take. But also to the business owners' credit, it is really difficult for business owners to employ people who are problem spotters because there tends to be a very small amount of people that have such skills in the business world. None the less, having such people with...
I think the smart use and incorporation of AI into business will prove to be very profitable for a variety of businesses because AI can help streamline the workings of an organization and also as you have mentioned, improve creativity by suggesting millions of ideas and then providing tips on...
Exactly, businesses become successful because of their brand loyalty and repeat business of satisfied customers, without satisfied customers, you can expect no repeat business and thus barely any profit.
This is a very valid point when remote working is concerned. I think to solve this issue the organization leaders, such as the team managers should organize virtual meetings, for example, on zoom - to connect with the whole team and get updated about the work status of the remote team.
Definitely, and as a matter of fact - Whatsapp Status is already being used by many to either promote their business or promote and advertise the products or services that they are selling.
This would definitely prove to be successful if done right and with the proper sort of effort put in by the business owner. This is because provision stores run throughout the year and there is barely ever a decrease in the number of customers all year round - this means that it will be very...
Yes, this is actually surprisingly true because people tend to use umbrellas in sunny, rainy and even very windy weather - so definitely it is a business that would be profitable all around the year.
I think in my country, I would like to get into the food world. Even if nothing at all works here, restaurants and cafes are always filled with customers, so I think that would be a decent and reliable option currently.
I definitely agree with this. A small token of appreciation can go a long way as far as employee work rate and effort are concerned. I think this really should be done by many more employers to improve business relations with their employees and see the benefits of doing so.
I think that this is a very negative way to look at this, to be honest. Yes, you cold say this might be the case of a few doctors however, most doctors that have completed their difficult degree have that passion to care for people from their heart, but then again that depends I think from...
This is very well said. It would actually be useless to spend so much money in promoting your product to a market that doesn't even care about that product or simply doesn't have the need for it - thus prior market research is extremely important.
I agree with this, creating room for failure is very very important and people need to start realizing this now - business owners and employees both. As you have said that this allows for creativity and innovation and these are important factors in the enhancement of your business. This also...
I don't currently run a business, but what I would implement in my business is maybe using surveys and questionnaires to find out about the likes and dislikes of my customers, so that I may cater to them perfectly.
I have to completely agree with this. When you get started in the world of business, you need to keep something in your mind - and that is, nothing will go in your favour just because you think so. This will help you remain grounded and keep working hard to see fruitful effects.
I think you make a good point about nepotistic individuals getting demoted, but usually for other employees, it is very demotivating to see either themselves or their colleagues get demoted. I think a business owner should first give the employee warnings until you can no longer see an...
I think the simple answer to this boils down to caring for your employees from your heart and just trying to be kind to them as much as you can without compromising on work quality or your leadership.
I think this is somewhat true and I believe it won't be unfair to say that those who understand business naturally, can create massive organizations with relative ease and perseverance; but those who don't understand the world of entrepreneurship may find it much more challenging - however, I do...
This is very true actually, it'll be very common for a salesperson to encounter a rude customer with a bad attitude, I think then what is important for the salesperson is to maintain his/her cool and persevere through that situation - the skill of perseverence is also something that can be...
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