Saturday, January 22, 2011

My 10 business lessons

1. must be an objective of the project, full justification; calculation of average daily cost, potential revenue and profit level (this to make objective survey); learn to prepare basic Ma project profitability model, for example, all costs must not exceed what level, the average daily income shall not be less than what level; 2. in accordance with article 1 of the conclusions of the negotiations in the business when trying to infinite benefit their own conditions, the so-called benefit, that is, the lower the cost the better, less cash investment in better, more autonomy, flexibility better (it's actually a lot of specific things, such as on shop rent payment), in the commercial aspects of any negotiations you have to be tough, because at the moment is that you spend money on investment, the choice of the initiative in your hand, never as eager to open at a time, and the reckless business finalized on certain conditions;

3. try to walk on macroeconomic to place to do business, not in macroeconomic falling in place to do business. I found that there was a very delicate facts, that is, a place of consumption (directly related to the project operation costs) to always lags the macroeconomic level here. In other words, if a local macro-economic (directly related to people's spending power) on the go, it's business costs (such as storefront rentals, storefront transfer fee expenditure, decoration and so on) are not followed up; on the contrary, if a local macro-economy falling, it's business costs and still be a while maintaining its original level. Both the contrast investment environment without I dwell, you should already understand the Registrar;

4. before investing in a formal, it is important to think about what if failed failure: easy and small losses even without loss to quit; your money try not be anything set up; to foot room for your own modifications;

5. again stresses the objective, in the presence of any performance, should not be too optimistic, and should not be too pessimistic. (It is said that seems very easy, it's hard to do, I have no good way to teach you, you may want to look at individual experience and experience it, of course you can also learn from Lo Hong Ka, ask someone else to have their own ideas, alas, it is very difficult) indeed, the business is getting out, therefore, in business, you cannot hold on to more of a bad reason is that the project does not fit you selected environment, or you're not very good to manipulate your project, if the conclusions of the latter, then you should go down; however, if the former, that nature is to make a withdrawal strategy immediately started, this time never did, but you must not carry and fled, and fled to a leisurely, losses to a minimum; in a Word, to sink of gas;

6. a strategy to follow through. In fact, very often, you carefully designed strategy is correct, just any strategy when the floor is not immediately posted on the ground, it will jump, jump in it when you don't think that it had not fallen. Any strategy to have a positive effect will take time, which once again confirms business is getting out of this truth. If you had defined a strategy (including customer positioning, pricing, positioning, promotion tools, customer service, employment policies, and so on), you should stick to it, don't change, if you were changing, the result will be worse, sooner or later, you will find in fact you first that policy is right, but often it sometimes already late, because some things are very beginning Red;

7. is saying this article is very, very, very critical, and that is the maximum compression of your costs. You must not be like I did so with the following thought: "Oh, this money is not invested in the future, for sure is to vote for," "not just 100 Yuan, sell a dress came back", and so on; if you have these thoughts, they will die very ugly; compress your costs directly increase your profit in itself is not the most critical, the key is to compress your costs directly increase your profit will cause your funds good cycle; from another more significant in terms of, if you are not able to control costs, or if you do not have a strong sense of cost, then I am responsible for you poured cold water basin: "you are not a business. ”

8. in the short-term interests and long-term interests of the trade-offs between, everyone has a different style. I don't know what I'm going to say the view was right or wrong. My point is, if you're just starting a project, hovering between life and death, I suggest you give immediate three month (how long it is going to look at your life situation) interest in the first place, I always believe that if you don't have it on today, tomorrow, the day after tomorrow, what significance;

9. mercenary. About any aspect of your business, you must be a mercenary. If you are not seeking to do business, then I will severely scolded you sentence: "wretched fellow. "If you're not very aware of the specific performance of a mercenary, then I suggest you hurry up and buy a copy of the" Eugenie Grandet "· carefully watching three times; to understand your business what is the purpose of the answer can only be one word" money ", but not the other;

10. don't think too many principles, rules, as long as you don't break the law, how can you earn more money, you're going to do, including I described above these nonsense, they have nothing, you have touched the Stones River, the preceding step if aggressive, you stepped on, so step by step. Final recommendations we all don't pick up hot chicks, woman is the cause, many on the Internet, not to chat more to learn the essence of the Forum

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