Business Basics

I Love chatting about Business, And Love 2 see people put an idea or 3 into action and get results, But Unfortunately far too many people go 2 get started and so blindly follow the idea their heart runs off with the head and they fail. I don’t want them to fail but they do, the business owner does not want it 2 fail but it does… Fail, fail , fail… its not a good look!
Therefore, any chance I get I like 2 mention the basics of business in the hope 2 make a difference, I Like 2 harp on about the basics and let people know…
Idea – Research – Action – Spend $$ – Make $$ – Have some left over – Invest – Repeat. (or close 2 that.)
Still people get it wrong, some end up with an image like this…
Idea – Action – Spend $$ – Make SOME $$ – Spend more $$ – End up broke. (Or some similar pattern 2 that.)
What’s the point of having a great idea and seeing it crash and burn? None, it hurts and can easily hurt others, so stop doing it. The challenge is however people don’t see the “crash and burn phase” they see a rose coloured world of $$ and happy customers.
Consider this, you want to learn to fly, you have the idea, you have the cash to buy a plane, you know full well you can’t fly the sucker until you have been trained and pass the test.
So why the heck do people jump into business (of any size) without the right training… Because they can, and you know what, you can sign up 2 get business registration on line, get a bank account and so forth and be in business in no time flat. Problem is no training, probably some skills, possibly and few helping hands to get started. and the rest seems to be “fly by the seat of your pants” and hope 4 the best.
Do some basic research BEFORE getting started and make sure you KNOW what you are in for PLEASE. too many failures in business seems such a waste of resources folks.




                                    @@@@@@@@******@@@@@@@@@