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What do I need to succeed In a business?

I learnt this in our Organization and Management class. All you need to do to succeed in a business is to follow the GEMS. First, you will set a Goal-setting in goal-setting you will be synthesizing information, then formulating alternatives,then establishing goals, and deciding on courses of action. Second is the Executing the Plan. You will be executing the plan by organizing, communicating, and guiding. Third, is Measuring Results. Lastly, is the Sustaining Growth. This determines the success of the business.
 
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To be successful in any business venture one needs to study the trends and other senior colleagues in the same line of business. Then one needs to acquire modern skills that is required to do well in the business, patience and perseverance is also required in running the business effectively and efficiently.
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To be successful in any business venture one needs to study the trends and other senior colleagues in the same line of business. Then one needs to acquire modern skills that is required to do well in the business, patience and perseverance is also required in running the business effectively and efficiently.
 
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Failure is an inevitable course in all business. Every businesses tends go down the rail at one particular time. However, it’s ideal to overcome such challenges. There’re lots of things to do in order to overcome the turbulent times. At that your decision making, confidence, Perseverance and endurance is most needed. All these qualities will make you triumphant and become very successful in your business adventure
 
one thing you will need to succeed in any business you are going to is for you to engage yourself with trusted people that are willing to impact positively in your business,working with the right people is the first step you must consider if you think of succeeding in any areas of business.
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one thing you will need to succeed in any business you are going to is for you to engage yourself with trusted people that are willing to impact positively in your business,working with the right people is the first step you must consider if you think of succeeding in any areas of business.
 
  • Become a great leader. ...
  • Develop a successful business plan. ...
  • Offer a great product or service. ...
  • Surround yourself with great people. ...
  • Create a great marketing plan. ...
  • Generate great numbers. ...
  • Staff your company with great managers. ...
  • Perfect a great sales process.
 
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.


https://www.entrepreneur.com/amphtml/289809
 
Getting things done.
The idea that successful business leaders are typically driven by high ideals and lofty aspirations is a myth. None of the highly accomplished executives I’ve known got where they are by walking around with their heads in the clouds. They got there by putting one foot in front of the other and getting the job done.
 
Success is every entrepreneur’s dream. To get there, effort should be done on oneself and on one’s people. There is no magical key, but experience has shown that the entrepreneur should work both on the intellectual and organizational levels of the business. In fact, the two go together. Bring out the best in everyone. There is good in all of those working for you. But each one has something special about them. Tap into that to make them grow, stay motivated and be creative.
 
Get Organized. To achieve business success you need to be organized. ...
Keep Detailed Records. All successful businesses keep detailed records. ...
Analyze Your Competition. Competition breeds the best results. ...
Understand the Risks and Rewards. ...
Be Creative. ...
Stay Focused. ...
Prepare to Make Sacrifices. ...
Provide Great Service.
 
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?
Well, as a business owner that I am, I will first of all say what is needed to make a business's successful is to find a problem to solve. A business that only existed without solving any problems for its customers and clients will die off very soon when it's importance isn't felt again. Always look for a way to be helpful and useful, then you'll be patronized by all and sundry
 
You need passion to succeed in your business. But it is not limited to passion alone. It is just that passion is a crazy driving force which will propel you to always stand by your feet even when the journey appears to be discouraging. Passion yields patience and consistency in almost everything.
 
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?
Form a Team in order to succeed, you have to have a great team to back you up. This does not mean that you should gather a bunch of ‘yes men’. In the long run, it might even turn out that the fact that you were not challenged by your team was harmful to your business. Good employees are supposed to question some of your decision, and they should be more than welcome to express their opinions and/or ideas. Get a Mentor as important as it is to have a reliable and capable team, it is important to have a mentor as well. If you choose the right one, someone you admire and respect, listening to their advice can make your journey much more enjoyable.
 
Success in business lies more on tenacity. Your perseverance in keeping at it despite any challenges or loss. More so, location of any business determines it durability and success. A good location help in boasting a business. In addition, a good price of the commodity helps in business success. One must be able to know the price of the product of the competitors, in that, you determine the price one would put on his/her own products. Availability of the good or service is another factors of business success. How available is the service you want to render?
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Success in business lies more on tenacity. Your perseverance in keeping at it despite any challenges or loss. More so, location of any business determines it durability and success. A good location help in boasting a business. In addition, a good price of the commodity helps in business success. One must be able to know the price of the product of the competitors, in that, you determine the price one would put on his/her own products. Availability of the good or service is another factors of business success. How available is the service you want to render?
 
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?
 
Having a business is one thing, sustaining it is another, you must plan ahead you must be calculative, you must get a good location for it
 
A strategic plan. Sheer discipline in finance and management. Consistency and a hard/ smart working team. Social media accounts manager. A winning product and finally, a sound customer base.
 
If you picture yourself as someone who is ultimately going to succeed, then success is going to come a lot easier. Thinking success can catapult your career or business ahead and make you more effective in all kinds of different situations—from dealing with people, to concentrating on analytical issues, to developing creative ideas. Just focus on positive things not on negative and always imagine yourself becoming successfull.
 
The key to being successful is taking calculated risks to help your business grow. A good question to ask is “What’s the downside?” If you can answer this question, then you know what the worst-case scenario is. This knowledge will allow you to take the kinds of calculated risks that can generate tremendous rewards.
 
Competition breeds the best results. To be successful, you can’t be afraid to study and learn from your competitors. After all, they may be doing something right that you can implement in your business to make more money.
 
Becoming a successful businessman is everyone's dream. First of all, whenever you start a business, you should do your management well. You should be good and hardworking.Then you have to do good advertising and good marketing of your products then your business will be successful.
 

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