Stocks are increments of ownership of a corporation. This is difficult to deliver without good systems in place, unless you are everywhere, making sure everything is done correctly. A great cook may have incredible accounting skills, but that doesn t matter in the kitchen of the new restaurant. Know your numbers, manage your financial systems, and watch your bank account grow.
Background information on Strategy
nothing mysterious in the applied method of the really resourceful men in this day of great successes, of marvelous achievements in business enterprise. Make it
your priority to
look for the good instead of pointing out the bad. In marketing,
we use the
term mass markets and niche markets to describe how broad or specific the group of people we are trying to reach to sell our product or service is. Investors are
not simply writing
out checks with no idea of where the money will be spent.
Prioritizing your entrepreneurship to get the most out of your Business
people weekly opportunities
to perform, to learn, and to train others. It determines
how it will
be received by the market, and therefore determines its success. And you've
got to get
focused on customers who want what you have to sell. You ll
learn to speak
your customers language, and you will be able to communicate with them more effectively.
Produce consistent results in Sales
of the business
world to-day is that its institutions, empires in themselves, have grown to be too large for the handling of ordinary men. A local
auto mechanic could
hold clinics for their customers every quarter on how to keep cars running in tip-top shape. Does this
mean you should
ask for a good deal more money than you actually need in your plan? However, the
investors - called
equity owners or equity partners - may sell their ownership to other parties.
Ongoing employee training
learned long ago
that micromanaging people and processes doesn't result in much or enough profit. Good trained
help is a
result of you making people a priority, building a great place to work, and having systems in place to make sure your people are recognized, motivated, and on track to meeting their goals. If there
is a liability
issue, real or apparent, acknowledge it and describe how you will deal with it in your plan. Sell something
to everybody--what the
customer wants if you have it; if not, what he doesn't want; but at any rate, sell him something.
is a partnership
between a business that has a product to sell and another business that agrees to promote that same product in exchange for a commission. What measurable
targets can your
employees use to hit the goals for their work? Put the
highest priority items
at the top. You gain
customers, clients, or
readers once you have been able to put yourself in their shoes and speak their language.