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Basic Strategies For Small Businesses

2010/3/26 10:35:00 14

Basic Strategies For Small Businesses

1, first of all, do things that you are familiar with.


This is very important. Any project and any industry is not a matter of three days and two days. Don't think too much about an industry. The relevant industry experience is very important. If you are not familiar with a certain field, no matter how much money others earn, do not follow suit.


2, objectively evaluate yourself.


Don't just feel that you are really capable. It seems that everything is clear to you. In fact, a person's strengths and talents are limited and often deceived by himself. If you want to objectively evaluate yourself, you must let your friends and relatives tell you whether you are extroverted or introverted.

Do you bear hardships?

Is it easy to face?

Is there a good ability to express?

Is there a good mental endurance?

Is it suitable for independent work?

Suitable for dependence?

Is it an optimistic person?

Is there a strong self-control?

Wait.

Only when these investigations are clear are they able to understand what kind of person they are.


3, do not do high-tech industries and immature markets.


These industries often seem to be lucrative, but in fact the threshold is very high.


4, it is best not to partner.


Do not partnership (except relatives) in small businesses. Theoretically speaking, team spirit and cooperation are all reasonable. There is no need to cooperate in small business. It is best to do it alone. Otherwise, you will spend much of your energy outside your business.

This may sound wrong, but it is correct in practice.

You'd rather hire a staff than a partnership.


5. Very strong executive power.


Entrepreneurial ideas and planning are only a brief process, and then there is no execution stage of interest. This stage is not at all what you think is full of fun and challenges. On the contrary, it is very cumbersome and needs to be persisted.


6, let your relatives support you.


This is also very important. Entrepreneurship is not a matter of your own. It is a matter of your family. It is a matter of all your friends circles, because your business will surely affect their lives. If they do not understand, they will not be able to support you.

It will soon be abandoned.


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