Every person who intends to start a business face many problems but if they learned some tips then decisions making and problems solving to run every business can be very easy. Here I teach you 11 necessary lessons for running every business which you should learn these BEST LESSONS TO START BUSINESSES before starting a business.
You will learn these lessons during running any business but I will suggest, you should learn before starting a business. It saves you time, energy, and money. Which you can use to improve your business, knowledge, life, and society.
Read all the articles, and blogs on this platform. It can progress your life and business. All the knowledge is free of cost which you will find on payment at many other platforms. You will feel the change in your life when you read every new lesson on this platform.
Let’s learn all 13 lessons about organizing a business one by one:-
1. ALWAYS STRUGGLE TO EXPAND YOUR BUSINESS
Which business, or startup do you intend to start? It may be a flower shop, a manufacturing company, or an online and offline store. Don’t hesitate to start a small business. Always make a plan to enlarge it to the next level.Â
All the big businesses, brands, and enterprises like Facebook, Google, and Amazon started at a very small level but have plans to enlarge it to the next level. It is possible for everyone with planning.
If you plan and work with ambitions, honesty, and hardworking you can also convert your business into a blue chip company. You can open branches, franchises, plants, and units of any type of business all over the world. Now it’s become easier due to the internet and technologies.
02. RUN A BUSINESS BY YOURSELF
Many people start a business with co-founders and think that they mutually will organize a business, some departments will be handled by one co-founder and some of them by others but it is not as easy as to think. No one can work hard with honesty like you.
Investors don’t invest in these types of startups where more than one founder is involved. It is possible when a company grows at a high level. Where a big team and management work together and have strong systems. But when your business is at a starting level and struggling for growing and survive then you should manage your business by yourself.
At the beginning level no other person than you can understand the need of the customer and your business. Because you started it with your ideas. It takes a lot of time for someone else to understand your business ideas until it becomes a successful company.
3. MANAGE HAPPILY ALL OPERATIONS OF THE BUSINESS
The main purpose of any business is to solve people’s particular problems and feel them happy. They wouldn’t feel sad about the payment of their money. They paid one thing and received another in return.
When the main purpose is happiness at that moment all the management also should be happy with all the tasks. If management or owner doesn’t be comfortable during the operation of the business then how it is possible for the customers to be happy?
Happiness comes if you share it with others. It is the best advice from all the business coaches. Foremost, do happily to keep your customers happy.
04. FOCUS ON CUSTOMERS INSTEAD OF COMPETITORS
Always keep in mind that your business is in an operation and you are earning due to your customers, not due to your competitors. So don’t waste your time and energy focusing and copying your customers. Don’t change your business according to the changes of your customers.
Focus on your customers, they pay you for something. Always work and implement new changes which are beneficial for your customers. Always invest your time, energy, and money to improve the quality, of your products and services.
Every business has so many competitors, you should learn from them not to compete but only to improve the life of your customers.
05. KEEP THE KNOWLEDGE OF ALL FUNCTION
When you meet a successful business personality you should notice one thing they have good knowledge about all the functions of their business. They do the meetings, discussions, and advice and also share thoughts with accountants, investors, the HR team, the administrator, and production staff.
Because they have good knowledge about all the field of their business. Without being aware many managers can seduce, and cheat you and also can do corruption in any operations.
Those who start a business from scratch and become a billionaire have more knowledge than those who directly became owners of already successful businesses with their money.
06. START FROM HOME OR ANY FREE SPACE
When you launch your startup, you should start from home, any free space, or other low-cost places. Because in the beginning, you don’t have experience and the chance of loss is high. The rents and prices of commercial places are very high due to real estate businesses.
When you start from home or digitally or any other low-cost space and free space, you will save a huge amount of money which will be useable in other operations of your business.
Nowadays, technology solves this problem with low cost or free cost. You can purchase digital offices, addresses, and many other facilities digitally. Many businesses like banks, eCommerce, marketing companies, and many others are taking advantage of digital spaces and saving their money.
07. SELECTING TEAM
Whenever you need to select a team, define the job description, the skill needed, and another requirement before calling for an interview or announcing jobs. What is your expectation from your team members?
Always hire employees on a trial period, a trial period maybe 3 to 6 months, in which you can assess their psychological, soft, and hard skills level. You have options to fire the employee and hire permanently to increase salary during and after the trial period.
Signed clear agreement between employee and company, don’t write in hidden meaning words to avoid confusion and future dispute. The employee can hard you and your company due to these double-meaning sentences in the agreement with suing the jury.
08. DON’T HIRE TOXIC PEOPLE
You will find many employees during the operation of your companies and hiring, they are talented, well-known, proficient, and educated, but toxic. The psychological and behavioral position of these employees is not good.
Don’t hire these people, they can ruin the atmosphere of your company. Other good employees will start hating you due to toxic employees. Always hire those who have facts and data to argue in their field with you and with your partner companies.
You are in the market, and can’t do any business without other organizations, companies, and firms. All are dependable on one another, and always need to deal with and argue to solve many issues. These toxic employees can ruin your reputation and deal in the market.
09. LEAN ONLY PRACTICABLE THINGS IN BUSINESS
There are so many courses, books, conferences and material available for learning but you should choose only practicable from them. which are beneficial for your business, life, and society. Avoid extra learning which is not beneficial for you.
Everything is not useful for everyone. For example, some courses are best for doctors but not for entrepreneurs who are in the IT field or investment fields. Same as some materials are beneficial for a chemical engineer but not for doctors. They will waste their time purchasing or enrolling in non-related courses.
10. CAREFUL ABOUT INSPIRATION
Be careful about who inspires you. You will be demotivated, frustrated, and depressed if you continue to follow a toxic or wrong business or personality. You also experienced it many times in your life, you saw a person on the TV and were shocked and thought that you also become like this.
But you don’t know the reality of these persons. Always research before being inspired. The character which inspired. maybe fake, unhappy, unsuccessful, and toxic. Also, learn how you should avoid toxic people.
11. ALWAYS BE AWARE
You experienced that big brands, and companies sell different things in different situations. They lower their prices during the recession, Christmas, Easter, Halloween, and Eid. Because they take care of their customers and want to be in touch with them.
The companies are earning due to customers. So they always trust them, care for them and help them. In return, they also are in touch with you and trust you. You will earn more, and your customers also are increased.
the next tip right away whenever you’re doing something like creating a website or writing the text for our website creates a template and start building systems right away by systems I mean a set of rules of how you want things to be done this is the tone of voice this is how we talk to our customer this is a template for an email this is how we answer phone calls everything that you do should be converted into a template you can call it a pdf you can call it a manual and instruction and then when you hire someone you need to agree together that if you change something that manual has to be updated by that person so it’s easier for you to hire and onboard new people.
These BEST LESSONS TO START BUSINESSES is necessary to learn everyone because everyone is related to any business in their life.
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