Stay Focused Towards Process Instead of Outcome!
Boxers became wealthiest, not because they were concerned about money they would be getting, after coming out of the ring BUT they were more focused on how to stay inside the ring? How to protect ourselves from opposite one? In return they were reward with huge money & sponsor’s trust. So one should know the ART, to stay Inside the Ring. Wealth will kiss your feet.
Don’t Miss! Prove your Idea of Business Earliest!
In order to build the successful & wealthy empire without being failure with proven techniques…Follow the IMP sequences of events…
- Proof of concept begins when you recognize a market prospect, outlook & crack
- Outline the product or service which can be used to cram the recognize crack
- Take trial or end user feedback of product to make sure they best fit for market principle
This second stage is small sized preview of final show. Here you can crosscheck the consequence of plan before investing the capital & then realising that the show is flop!
Spread & extend the Business!
Flush off your idea if it has not cleared even a single step of proof of concept. But if it has crossed all the stages successfully then simply go ahead & multiply your fortune. Expansion of business is not as similar to overstretching your resource. It is more of a right planning of process. It’s up to you that you expand it vertically or horizontally. The former says extending the biz in its “CORE” zone. The latter says growing your fortune by diversification into different sectors. Within both of these growth techniques, two sub processes needs to be taken care of which are critical too, one is, building & maintaining the peaceful customer relation services, and second is also needs to maintain peaceful & pleasant relation with your employee.
Provide the Customer What He Desirers!
If you are ready to go into the market without knowing the need of consumer you will be in danger, market will simply refuse to accept your solutions. So in order to avoid risk, you should identify the consumer need or gap then launch the solutions & fill the gap. And this should be nonstop process because requirement keeps on changing frequently.
Earn On Hourly Basis!
A good tailor will stitch 1 or 2 on daily basis. But a tailor who wants to create empire will simple think to expand it by delegating the stitching work to other employee, And this is the only way to extend the biz. By this he will be free to concentrate on his core job i.e. expansion! Following tips to Earn on hourly basis…
- Hiring of people who have skill & will to work
- Go for partnerships
- Make a franchise
- Don’t sell product but sell the “VALUE”
And Last but IMP!
A person who depends on wages or salary will never become financially Independent. Remember, it takes knowledge, Passion & Drive to create fortune, it doesn’t happen accidently. Look for support when you need & then go ahead!