What do I need to succeed In a business?

[Adventurer]

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 things first you must have done a feasibility study to determine how profitable your business is, also location; some locations determine how successful it will be as well when all these are settled you need good staff, determination, resilience and moral support from family and friends, also prayers go a long way.

 

[Nurudeen]

The only thing you need in Business is strategy. If you have the right strategy to start a business it will be very easy for you to upscale the business. For example, you need to know how to attend to customers In a good manner, have a good customer relationship with them and get a feedback after they buy any product from you

 

[shakky2]

you need to succeed because every goal of a achieving business is succeess.being successful in a business shows the positive outcome of the strength abd energy that you have invested in the business.also,a successful business will always attract more promising clients because everyone will always want to associate with a success filled business

 

[Profuk57]

To have a successful business you must first have an Idea. Whether I be a personal idea(that is originally your own) or it already existing.
If the idea is already existing then seek those who are in the business already (learn from them).
Have a good business name (very important)
Have sufficient capital to carry out the business.
Have a good location for your business.
Have good customer relationship this will really help you

 

[idhans]

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?

If you have a very good business plan all what you need to succeed in business is determination because most businesses doesn't yield profit, and result early. And so you need to be patient until you start getting results, and you need to be focused in whatever you are doing without being distracted by the noise, and uncertainties in the business.

 

[LaylaG]

If you want to succeed in any area of the business you are going into you must understand that in area of business you are you need a lot of time and dedication and do not expect to make quick profit overnight as we really need to work hard to make the profit you are looking for and the best way you can achieve that is to stay focus and concentrate on the type of business you are dealing on and do not compete with anybody, just focus on your own unique way of making money and you will succeed.

 

[Dorcey]

starting a business is not an easy task sometimes it requires alot of things like being committed and u need to be zealous and handworking at the same time.most of it all is prayer one needs to be prayerful too.

 

[Abbas ali]

Every one has a dream to become succeful in life . But it become the luck of free one if u become a good business man then first of all you have the knowledge of business and experience becuse experience is very important and lot of money and have courage to take more risk.

 

[Kiwi]

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. You must have the basic knowledge of administration, you must not mix business expenses with personal expenses, be at the strategic point where the population has recurring access, etc. Marketing is very important.

 

[Tmanroyal]

To start a successful business, one must have done a thorough research about all that relates to the business. All form of research that will help must be undergone. One must also be a risk taker, and positive individual. Study the topography and terrain of the business and business site.

 

[Ryeetar]

Starting up a business could be sometimes very tasking, so you need an appropriate business plan for a successful business plan. Firstly u need capital, a good business site, laborers, materials, and a good business oriented personnel.

 

[Seun4luv]

A company mission is essential to running all aspects of te business Focusing on customers. Employing a great management team. Retaining employee talent. Keeping detailed financial records. Continuing to innovate. Pursuing long-term goals. Adapting to new technology.

 

[Deysi16682]

Hello? definitely perseverance, among others such as discipline, patience, leading a balanced life between health, family and work, I think the most important is perseverance, which is what leads you to continue in the midst of the circumstances that may arise at a time dice

 

[jay]

I will summarize with three key points
1. Plan.
2. Excute.
3. Have patience.

In all the planning and executing, you need great tons of patience to allow your business survive the trying times.

 

[Kehinde]

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.

 

[Lyrrex]

Be prepared from the very start as to who are your customers ,strategy to get to your desired market and what to do to retain them as new competition springs up everyday .

 

[tibemichael]

To succeed in business today,provide better service for your customers, they’ll be more inclined to come to you the next time they need something instead of going to your competition.

 

[Abibatabosede]

In everything we do not only in business, planning your objectives/goal is inevitable. Any business without plan won't have direction or mode of operations. Aside from planning, you also need tolerance and perseverance.

 

[Eyiteepraise]

A successful businessman surely has sacrificed in one way or another to attain their level of success. For you to be successful, you need to be hardworking, dedicated and strattegic

 

[Sotherefore]

I think concentration is key factor for a business to succeed. But one should have daily Goals regarding to sales also. I means the road map should be made then try to follow it. It keeps you more focused because you go to achieve your daily Goals , when makes you Successful in your business.

Concentration sometimes is really good but it's not the real core key one really need to succeed in a business ok what if in a situation in which you are good in concentrating and you are really good in focusing in your business and bringing out the best of your business but you do not have the financial ability to expand your business to the next level what do you think such person should do