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What do I need to succeed In a business?

Critical thinking. When you question assumptions, claims, and viewpoints instead of just accepting them as gospel, as in “A Harvard professor said it online, so it must be true,” that's called critical thinking. Focus and discipline. Being human. Getting things done. Competitive spirit.
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Critical thinking. When you question assumptions, claims, and viewpoints instead of just accepting them as gospel, as in “A Harvard professor said it online, so it must be true,” that's called critical thinking. Focus and discipline. Being human. Getting things done. Competitive spirit.
 
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You need knowledge about the business you want to venture into. You need to strategies how to get the desired results, you need good human relations to work with your employees if you have one and also to maintain your customers.
You need to have a good planning to have a good success or to succeed in your business, you must be ready to take a risk, because without risk you might not be able to succeed in your business.
 
We all know that owning a successful business is a very difficult thing, many people go into businesses with much enthusiasm, with the hope of being successful but they end up failing, some seems to be doing the right thing but results where not encouraging.
What do you think is needed to make a business successful?
To start a new business is not an easy task. You first have to study the type of business you want to embark on, also the visibility study, later on won't expect to gain the money you use to established the business within a twinkle of an eyes.
 
Be Fearless this is only the beginning of the road for those who want to be truly successful in business. Overcoming your fears and getting started is noble, but the true tests of a fearless entrepreneur will be constant, from initiating a conversation at a networking mixer, asking for the sale on a major deal, severing ties with a partner who is causing harm to the venture, and perhaps the most frightening of all situations - watching a business fail
 
You need two things to be successful in a business, you need Ideas and you need capital to be successful in life. Idea is the most important thing you need as a business man to be successful. Money is also what you real need after an idea.
 
To success in your business, better anything else you have to be optimistic, expect the best in any situation your business turns to.
Be hardworking, don't be a mediocre, put in all your best.
Challenge yourself but never put too much pressure on yourself. Be open to new ideas.
 
There are multiple ways to succeed in a Business, but as everyone has a different mindset so you may think of different factors of success in a business. For me, one should be very keen, focused, and consistent in it. Not only this but daily Goals are also required to get success. I have only these factors to succeed in business.
You need these three to succeed in business. These are: adequate knowledge, patience and persistence. Having adequate knowledge in what you are going into gives you edge over others. While patience and persistence keeps you going and lead to breakthrough.
 
There a lot of thing that are needed to succeed in a business. You need to stay focused on your goals, you need to be very discipline as a business man. Also avoid loans to finance your business it's detrimental to business.
 
Do what you love.
You're going to devote a lot of time and energy to starting a business and building it into a successful enterprise, so it's really important that you truly deeply enjoy what you do, whether it be running fishing charters, creating pottery or providing financial advice.

Start your business while you're employed.
How long can most people live without money? Not long. And it may be a long time before your new business actually makes any profits.

Being employed while you're starting a business means money in your pocket while you're going through the starting a business process.
 
You need alot of qualities to be very successful in business,qualities like dedication, hardwork, quickminded.
Starting a new business is not easy and there is time waiting period for profit to start flowing. In Starting a business you must be certain of the cost implications which is the start up capital and this is determined by the type of business you want to start. A small business doesn't require huge capital which you can ascertain by doing the feasibility study and the profit projection of it.
  1. Get Organized. To achieve businesssuccess you need to be organized. ...
  2. Keep Detailed Records. All successful businesses keep detailed records. ...
  3. Analyze Your Competition. Competition breeds the best results. ...
  4. Understand the Risks and Rewards. ...
  5. Be Creative. ...
  6. Stay Focused. ...
  7. Prepare to Make Sacrifices.
 
We all know that owning a successful business is a very difficult thing, many people go into businesses with much enthusiasm, with the hope of being successful but they end up failing, some seems to be doing the right thing but results where not encouraging.
What do you think is needed to make a business successful?
First of all two successive business give your full attention and time to your business another thing hard work because hardworking is a key of success another main important thing believe in God and do hard work these things make a business successful
 
  • Always Plan Ahead. Without planning ahead, you are already setting yourself up to fail. ...
  • Get Access to Necessary Finances. ...
  • Embrace Technology. ...
  • Take Risks, But Calculated Ones. ...
  • Ramp Up Your Marketing Efforts. ...
  • Network and Build Rapport. ...
  • Offer More Than Your Competitors.
 
In any business you are going to you need a lot of time and dedication and do not just allow your business to managers to manage your business, just study your business and know where things need to be fixed before you allowed your business to the hands of managers, try as much as possible to deliver quality goods and services
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In any business you are going to you need a lot of time and dedication and do not just allow your business to managers to manage your business, just study your business and know where things need to be fixed before you allowed your business to the hands of managers, try as much as possible to deliver quality goods and services
 
Knowing when to get out is just as important as knowing when to get in. Too many people cling to something that isn't going to work for way too long.
If you aren't making money but don't think the idea is dead, seriously evaluate how likely you are to make it work vs how likely you are to lose all your money. See if you like those odds.
 
you need motivation - will help you choose the right business for you and it will keep you going during tough time
you will have to create a good business plan to drive your business
You will need to improve and perfect your brand as effective branding is key to your success
continuous improvement on your business structure is another key area you are to look into. the image of your business matters too
The importance of good time management cannot be overemphasised
continouos investment in your business is the only way you can keep up with the present trend and
lastly, staying commited.what separates successful enterpreneurs from non-successful ones is pure perseverance
 
Being very strategic in business is very important for every one Interest in doing a business or already into business , when you have the right information you will no the right time to invest in business especially businesses that are seasonal.
 
Well I think what and individual or business need to succeed her in Africa is the selling of what is needed in they society and environment is the first target and price control of goods and services
 
I do usually recommend this things to do before going into business.
1. Read books that prepare you and improve your relationship with people, critical thinking, patience and ability to make decisions.
2. Know about the basics of business so much like the stock market, entrepreneurship, finance, budgeting, project management and so on
3. Do a very thorough research first before engaging.
 
Advertising. A successful small business is actively searching for new ways to market the company, or business goods, to new markets and to current target audiences. ... Marketing puts the name of the business in front of potential buyers, and that leads to the profitability of the business.
 
Financial management. Being able to effectively manage your finances is critical. You will need to be able to forecast your cash flow and sales, as well as, monitor your profit and loss. Marketing, sales and customer service. It is important to be able to promote your products or services effectively. Providing good customer service and having a marketing strategy in place will help you to generate sales.
 

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