The Basic Business concept

Discussion in 'Growing and Managing a Business' started by swift, May 31, 2013.

  1. swift

    swift
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    To be a successful entrepreneur in your work(online or off-line)
    you will need a business strategy that will appeal to the needs
    of your customers.

    Entrepreneurship implies trying and trying again, adapting but
    never giving up until you have a strategy that works.
     
  2. vikaskumar11233

    vikaskumar11233
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    This course will guide the typical engineer into understanding business concepts and strategies, and mould the typical engineer into a business-wise manager. The course is set up around a "Progressive Business Game", with all necessary theory explained at the start of each session.
     
  3. thealchemist

    thealchemist
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    This is so true. A lot of times, the most successfully business men and women have endured some big time failures; but their persistence keeps them going and eventually they arrive. Most people want to "arrive" without taking the journey, but those people aren't entrepreneurs.
     
  4. AnushaJain

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    To be successful as an entrepreneur,never give up in any situations.Try to get the optimal solution of any problem,never run from the problems.
     
  5. leokhan

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    Hello swift,
    For a good entrepreneur you should goal oriented, make a strategy for your business after good research of your competitors & also about market. You should have a vision & a mission for the business point of view. Dedication, discipline, consistency are such most important objects that should not be missed from a entrepreneur's mind.
    So, business should be from your heart & with hardwork and it will definitely give you a better result. :):) Best of Luck
     
  6. investormart

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    At every task to get success,struggle is there.So, have patience and do hardwork to achieve your goal.The main aim for the business man is to satisfy his clients.If he is getting the positive responce from the clients.Then, he is in the direction of success.
     
  7. alexnor

    alexnor
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    I would add up just one more piece of advice - prepare to make sacrifices
    The lead-up to starting a business is hard work, but after you open your doors, your work has just begun. In many cases, you have to put in more time than you would if you were working for someone else. In turn, you have to make sacrifices, such as spending less time with family and friends in order to be successful.
     
  8. alicemenezes

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    True. that is the basic concept but learning and research too is the key to a strong entreprenuership
     
  9. leokhan

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    Hi alexnor,
    You may right, but perhaps you have missed my point of discipline in business and it is telling that keep balance in business & social life. That is here is no question of sacrifices of family or anything.
     
  10. ESHWOR KC

    ESHWOR KC
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    be calm and do not be nervous .. be strong when difficulty arises in business .. have patience and surely sucess wil kiss you for sure .
     
  11. iggypop

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    My take on it is simple an entrepreneur identifies a problem, then creates a solution either by inventing something new or updating an existing method then lets the user's or market demand grow it.
     
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  12. platnumcn

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    Basic business concept is to be patient, follow the trend and work on finding ways for giving good services.
     
  13. investormart

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    Excellent knowledge about the market and customer satisfaction are the basic concept for successful business..
     
  14. FaaastCash

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    Basic business knowledge about the market and customer satisfaction is the basic concept for successful business and should have patience and will do hard.
     
  15. ronjack

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    Basic business concept is to follow what is right and not follow what you think is right. This is where consulting experts comes into picture.
     
  16. James Faulkner

    James Faulkner
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    Business is an activity that is undertaken for the purpose of earning profit and the better business concept is to understand what is right and what is wrong and follow business ethics and do the best to promote the business.
     
  17. Felix07Richerd

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    Strategy is not an only thing that give you success, there are lots of other things involve. You should need to have a good experience and knowledge of the field, market research is also a vital thing and a team that implement your strategy in a good way to get the success.
     
  18. adsystem

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    Yes you are right,Those who have big targets set for themselves are always willing to take bigger risks and We are living in times when everyone wants to be a part of the internet-gold rush but sadly very few actually make it big in the web world.I have a post telling about what successful entrepreneur thinking,read this for getting the tips from the entrepreneur for getting successful in your business.
     
  19. puja167

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    Basic Business concept is customers satisfaction and earn Revenue.
     
  20. Gomadideas

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    When managing a business, it is not only the staff and employees will have to do. There are other areas such as IT, management and other documents that need to be considered. Below are general guidelines which can be used in the specific fields that must be managed.

    Set the rules
    Setting rules is important because it gives everyone a grid of how things work.

    Use technology; It 's almost impossible to run a business without the help of technology nowadays. Computers and the Internet have helped small business becomes easier to manage with computer programs and applications.

    Delegation of work: Everyone needs to have a role to play. In this way, the activities are organized and everyone knows where to go if they need something. The roles should be clear and simple.
     

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