Quit the Job at the Right Time
As soon as you have learned how to do your job as well as it can be done, ask for more responsibility in your company-or a different job. If you don’t get it, get out.
Develop the Habit of Saying and put away some Money as a stand by Reserve
You must have some capital to set up your business or start your enterprise. When one gets a brain wave or a brilliant idea which will serve the community or the country well and at the same time prove to be a successful business proposition, he will need funds to start a business of his own. One need to build up savings is to do extra work during spare time and even at night. Therefore do extra work and save money for investment later.
Executives everywhere are keen to locate men who are interested enough in their job to put in over-time work. Therefore, an individual should put consciously and deliberately at least one to two additional hours if he is to come up in life.
Accept a Little Insecurity
A little insecurity may prove to be a blessing in disguise. If one has an excellent idea for business or new product, he should not hesitate to invest his savings and also raise more funds if necessary by borrowing the capital wherever possible. The responsibility to repay the loan will make an individual work harder. If a person always interested in ensuring security before starting a new venture, he may end up without starting the new business at all. One has to be bold and enterprising and show readiness to accept calculated risks. Fortune will always favor the brave. You must catch your opportunity and should not allow it to slip through your fingers. If you are bold, enterprising and industrious, you can dictate terms.
Application of Commonsense
Millions of people have proposals and ideas which are brilliant and terrific on paper. But when examined from a practical viewpoint, one may find that they do not belong in the market places. In the ultimate analysis, it is the people who decide whether you are going to a success in your enterprise or not. Therefore, before one decides to manufacture or to float a new product he must ask himself whether he would himself buy the product that he is going to develop or introduce. He must check and find out whether it is important to the economy of the country and the community. In other words, he must examine every proposal by exercising his worldly commonsense. He should not be guided only by the theory and mere bookish knowledge.
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2 comments:
Good advice. I'll take it into account.
Millions of people have proposals and ideas which are brilliant and terrific on paper. But when examined from a practical viewpoint, one may find that they do not belong in the market places.
Cherry Fletcher @ Acne and Treatment
www.skinb5.com
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