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I checked the internet to see if there is any article or written textbook that state rules to be successful as a business owner. Something like a startup rule book. And rule #001 in the startup rulebook says that all founders must quit their jobs and work for free. Funny!
The dynamics of business makes it impossible to have such rules. You have to do what’s right for your situation
Have you seen any preset rules to be a successful business owner?
This is why the study of human behaviour is what is most common in economics as most people would not behave the same way when it comes to the purchase of items and so that is why businesses following the same process rules and principles would not do any business person well.Exactly, most cases what would work for you might not work for me, probably because we have different target audience, so I should not expect the method you used for your targeted audience to work on mine, because they are different set of people
True, this is also why some companies use surveys, to find out what the people around their business like and how they would react to certain products. Even how people react to certain situations would also determine the kind of products they would buy.This is why the study of human behaviour is what is most common in economics as most people would not behave the same way when it comes to the purchase of items and so that is why businesses following the same process rules and principles would not do any business person well.
The usage of surveys and questionnaires becomes very effective at gauging the consumer preferences as it relate to your business and the product or services that you are offering for the general public.True, this is also why some companies use surveys, to find out what the people around their business like and how they would react to certain products. Even how people react to certain situations would also determine the kind of products they would buy.
You have nailed it. Change is dynamic and for whatever reason why you need to change the rule, it must be moderate and aim towards making the business okay.Before you started the business,they were rules you made to guide you and this rules measure your disciplinary level. Change is dynamic just as business is dynamic,if for any reasons the rules are to be changed,then it should moderate the business.
I have never seen such and I believe there is nothing like preset rule, rather you will be the one to create a personal rule for yourself, discipline yourself to follow those self made rules if it is going to be a key factor to the success of your business
I think in my own parspective about runnung an organisation or an outfit,there are general principles and guidelines on a particular part and course to follow to acheive success,but generally the approach might differ.To be successful its good to follow some rules, so that it can serve as a guideline for you.
Then, some doesn't really need that cause they know how to run their own package by themselves without any issue and its good
I checked the internet to see if there is any article or written textbook that state rules to be successful as a business owner. Something like a startup rule book. And rule #001 in the startup rulebook says that all founders must quit their jobs and work for free. Funny!
The dynamics of business makes it impossible to have such rules. You have to do what’s right for your situation
Have you seen any preset rules to be a successful business owner?
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