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Showing posts from October, 2024

START A BUSINESS WITH THE 1: 3 RATIO PRINCIPLE

Studie s done suggest most of business start-up fail within their first 5 years.   I fail to admit that in context because what these studies suggest as failures i categories them as part of upsurge or down surge in any business cycle .   I admonish you can get into any business so long as you follow this principle o f 1: 3 ratio .   That will be the basic standard in ensuring you can be successful in your venture .   Most start-ups fail to survive because they fail to apply the 1 : 3 ratio principle when venturing into business or any expense related decision making .   This principle of warfare simply states that to better defeat an enemy, you must have 3times his strength .   This translate in business as , to be successful in any business venture you r capital venture in the initial sta ge should be divided into 3 folds, th at in the invent the business you incur any set back  you have extra two times capital capacity to revamp the busin...

Master sales in 3steps

Master your sales in 3 steps

WHAT ARE YOU SELLING-How do you become successful at sales without continuing learning on your product?the more knowledge you have on your product as well as it peripherals, the easy you are able to sell  from different perspectives to prospective clients. Sales personnel are  mostly the least with knowledge on technical aspect  of product. There is no successful sales without adequate product/service knowledge .Knowing what you are selling is the surest means of becoming a successful sales personnel WHO IS BUYING-After successfully acquiring knowledge on what you are selling ,your next stage is who are you selling to?i don't accept the notion of not everyone is your customer so target customer segment. In as much as that principle is applied in the professional sense i believe everyone becomes your customer eventually .Because customers are not only those that holds the purchasing power but there are influencers ,gatekeeper etc in the sale process, that may effect sales ...

5 WAYS TO ESCAPE MODERN COLLLEGE UNEMPLOYMENT

1. COMMUNITY SERVICE -An average graduate complete school at 25,find yourself anything meaningful and so it even without pay ,yes at least for the first 6 months call it community service.after 6 months maximum if indeed you are the graduate you are whatever or whoever will want to keep you and support you with an allowance.  2. KEEP IN MIND YOU ARE A PRODUCT -Most college graduates forget they are products meant to offer a service to earn a living. When you get to know yourself as such it will reorient you in contributing nothing but value in exchange of income earned. 3. VENTURE ENTREPRENEURSHIP -After maximum 10yrs of your career especially depending on how you learn fast venture into entrepreneurship, own a business or make partnerships this will multiply your earnings minimum by 3 folds in 3 years minimum. 4. CHARACTER -Guard it like never, if you want to excel in your career ,besides what is with a brand/product without an image to protect and a strong reputation for that ...