The opinions of the entrepreneur are expressed.
Uncertainty, turbulence and rapidly changing work environments pose a serious threat to entrepreneurs. Businessmen, looking for new markets, when they approached the team administration and take a risk to live in the competition, always float with the weather. Entrepreneurs are eager to be passive in difficult times.
Undoubtedly, despite the traps, the crises lead to new business ideas and opportunities. Coarse Fortune 500 Half According to Morgan Stanley, the companies were founded during the decline and economic crisis. Seven advice on how to remove negative externalities and develop your work successfully.
Related: 4 steps to take as an entrepreneur when it becomes difficult to go
1. Being able to take the risk
This is the basics of entrepreneurship – the place where a businessman is started. Any job is going to take risk; Thus, the ability to manage them should be untrustworthy for an entrepreneur. Businessmen should always be able to deal with risk. Significant, failure should not be seen as a decline, but as a step towards future growth.
Do not exceed or dramatize the situation, even if a decision causes failure. See this as an educational experience that puts it in a steep learning curve. This is your golden opportunity to try again, taking into account your failures and the way you travel. Another recommendation is to take calculated risks, because sometimes a bird in his hand is valuable in the bush.
2. Think outside the box
As a child, I wanted to be an oceanologist and learn the secrets of the deep blue ocean. When I have a preschool child, I learned to pronounce the ocean. I believe my request was translated into the business and caused the unified strategy about these blue oceans. In other words, it is everything about Niches, which has a small competition. Today is the time “Don’t think out of the box” – there is a creative approach to thinking different from everyone and solving problems. Make sure everyone has a brainstorm session in your company that anyone can contribute. Although the ideas appear to be strange and impossible, celebrate them and then think.
3. Enjoy the work you do
Never do business if you don’t want. Actually conducting research Club They are more profitable and more productive and more profitable than 23% more profitable and more profitable in emotional workers. This principle also applies to entrepreneurs. Never do something useless, does not match your vision or does not work as you want. It is really the same with living else’s life.
Your dealing with a job gives you pleasure and positive vibes, reduces your endorphine level, bringing unconditional happiness. Money should not be the main motivator. When I fixed my first millions, I saw it only when I saw it, I never focused on the lower lines. I did not fear by seeing the earnings of the little ones; Instead, I felt great joy to meet something safe. As the ball rolls, it’s a good start, life is beautiful and there are very interesting things ahead.
Related: 10 inspiring quotes to spend you with difficult days
4. Choose the right team
Work is done by people and people you choose will determine the success of your business. The compatibility of life and strategic values ​​has always been important to create ideas, especially for me. If people want to create something valuable, reach great heights and get something important, they are our tribe.
Personally, this is the first criterion when hiring these employees. The second important feature is emotional intelligence. Business communication – to be with people, efficient cooperation and the ability to manage people’s emotions and themselves. Third superpower is energy, convincing and consistency in achieving your goals. And the fourth important factor is analytical intelligence (ie the knowledge and practice necessary for a certain position).
5. Get ready for the crisis at any time
Crises are inevitable. You will encounter difficulties all the way, especially if you last a long time. Build your work with the concept that turbulent times can come at any time. During this period, it is due to how you prove yourself, because the crisis is not only a test of strength and sustainability, but also new opportunities. Crises can get out of the blue and can destroy your work if you are not ready. They said the ancient Romans, “Better trust, prepare yourself for evil” – Hoping the best, get ready for the worst. This remains the best strategy for any entrepreneur.
6. Set the long-term goals
There is no strategy or KPI when you start work; All people had to buy a car they want. As the business grows, I started designating planning and clear goals in advance. Every businessman should understand where they wanted to be where they go and be five, 10 or 20 years. Long-term goals are set for 10 years or more. Think about the level and scale, your business should be 10 years from today. What work assignments do you need to solve this for ten years? Which new businesses would you like to dive? This is important because this affects your motivation and stimuli of your employees; It also significantly increases labor productivity.
Related: 7 ways to stay strong as a leader during the Turbulent Times
7. Record the time of customers
Here is a well-known rule like this: Whoever keeps the customer’s time will earn money. Work ideas often burn a consumer often as a consumer, especially in a consumer, especially very bad or very slow and more comfortable.
The development strategy of our Fintech services is based on the desire to save users. Now you don’t need to go to the bank and take the documents credit – just download an app on your phone and get the right amount online. Whoever teaches customers how often to serve the quality of service, will gain a competitive advantage.
