Type of Knowledge you need to be successful in doing business.

[Bookwormlux1]

You need to be able to understand the difference between assets and liabilities as this would enable you to spend on only things that would profit you in the long run.

 

[Josemendez]

You need to be able to understand the difference between assets and liabilities as this would enable you to spend on only things that would profit you in the long run.

Exactly and also there is need to take away people who are liabilities from your life. This is because they are going to make you lose much without contributing anything

 

[Chibson]

If you really want to be successful in online business then you must know that you have to build value first which is very essential for your potential customers to trust you.

 

[Queentener]

There are four types of knowledge:
book knowledge, reading what people wrote down;
market knowledge, learning the competitive market inside;
business knowledge, how to design enterprise and execute;
building and selling experience.
What type of knowledge do you think you need to be successful in doing business?

All what you have said above and valued and necessary to have when starting a business
But I will add hustling knowledge if you're not someone that can hustle, that is a streetwise person you might be scammed.

 

[tyrim88]

For one to be successful in any business, you must know how the business is runned and also the do's and dont's of the business. For a successful business discipline, hardworking and adorable commitment is very required.

To be successful in any business,you need to have proper and adequate knowledge of the business sector you are going into,the terrian and these that are your competitors in that field.You need to be sound in financial management and also have a good customer aqusition strategy.

 

[kay169]

In order to be successful you need to achieve proper knowledge like how to handle certain situations and decision makingTo help your business flourish

 

[jeff87]

There are four types of knowledge:
book knowledge, reading what people wrote down;
market knowledge, learning the competitive market inside;
business knowledge, how to design enterprise and execute;
building and selling experience.
What type of knowledge do you think you need to be successful in doing business?

I think the actual buying and selling experience is the type of knowledge that you need to be successful. Sometimes what you learn from the books is not what happens in the actual. Although books are good to learn new things and ideas.

 

[Funky]

You need all kinds of knowledge to be really successful in business, book knowledge because you need to understand and learn from other great enterpreneurs, market knowledge so you know exactly how to produce, market and selling and others go hand in hand to lift the business high.

 

[Jlife]

I agreed with your pints. In all what we need to do, we need deep knowledge of it. I think a buinsess man also needs communication and interpersonal relationship skill. This skill will ensure customers keep on coming for more. Without this skill, a business man may not knw how to keep his customers.

Most of the skill that we need to start up a business are found with expert who are are also doing the same business that you want to start, getting information from experts and business counselor is the best way.

 

[Good-Person]

There are four types of knowledge:
book knowledge, reading what people wrote down;
market knowledge, learning the competitive market inside;
business knowledge, how to design enterprise and execute;
building and selling experience.
What type of knowledge do you think you need to be successful in doing business?

I think you forgot the experience factor, too. Experience matters a lot when it comes to running business. Executing the right marketing strategy and planning the business the right way is a good way to make business successful. I believe that experience might not matter if you are a skilled person.

 

[Alexandoy]

You need all kinds of knowledge to be really successful in business, book knowledge because you need to understand and learn from other great enterpreneurs, market knowledge so you know exactly how to produce, market and selling and others go hand in hand to lift the business high.

All kinds of knowledge may mean the information you need to know about the business. The most common knowledge that is missed by some business owners is the environment - the customers and the suppliers. You have to know if the competition is growing or if the suppliers are pricing their products too high.

 

[Blessingedidiong]

Every business has it's do's and don'ts. You cannot start a business you know nothing about and expect to succeed in such business. After identifying a business to venture into,the next line of action would be collation of information (knowledge) about the business. From the amount of capital needed to kick-start the business to the type of equipment to buy for the business if any would be needed etc.

 

[Abigael]

You need to be able to understand the difference between assets and liabilities as this would enable you to spend on only things that would profit you in the long run.

That is right. In business, one should really differentiate between assets and liabilities. This way, you can invest more on assets that bring you profits.

 

[Bousine123]

There are four types of knowledge:
book knowledge, reading what people wrote down;
market knowledge, learning the competitive market inside;
business knowledge, how to design enterprise and execute;
building and selling experience.
What type of knowledge do you think you need to be successful in doing business?

There is no better knowledge you should have than the one that relates to the business you are about to start. Another is about time and systems management.

 

[Jsoliu004]

MyPoints is a Get Paid To (GPT) site that also allows you to get paid for performing your usual online routine, as well as offering options to earn cash by performing tasks

 

[GIFTMICHAEL]

You don't need extra knowledge when it comes to becoming success through business. You need to develop better strategy, be innovative minded person.

 

[Kelly5]

One of the types of knowledge you will need to be successful in any business be it a new one or existing one is a hands on type of knowledge. That is a practical knowledge of how the business ought to work

 

[jeff87]

For one to be successful in any business, you must know how the business is runned and also the do's and dont's of the business. For a successful business discipline, hardworking and adorable commitment is very required.

Indeed for one to be successful in any chosen business, you must have all kinds of knowledge. That's right you must know the dos and don't of business. You must be able to know the rules and regulations. Successful business are made up of people who are hard working, disciplined, and committed. They are not lazy people.

 

[Richard92]

The knowledge you have to start a business is very important, without the required business knowledge and ideas, the business is in danger of running at loss, the business might actually go bankrupt without it

One of the knowledge you need to be successful in a particular business is a knowledge of persistence and also great ideas having a mind that is very creative with this you can be very successful in any kind of business you going to.

 

[Setfragil]

There is no knowledge that you have in business that is a waste, every knowledge counts. The best knowledge is experience on the job, it helps you to be able to run the business comfortable without any issues.