Are You Aware That:-

• Businesses have high mortality rate. Its blossoms between the ages of 3 to 5years of operation only for over 90% of them to die in its first ten years.
• Competition abounds. If you understudy and engage it well, you move to the next level. If you don’t, you get dwarfed and eventually swallowed.
• Change in governmental polices and the uncertainty of human behavioral patterns do cause major changes without any substantial notice.
• Customers appear to be over demanding, yet in most cases, they are just telling you how best to run your businesses. They offer you a sort of research analysis in disguise.
• The business is not about you but the numerous clients you render services to. They count more than any other thing. Do what they want and you keep smiling to the bank with less brain to crack.
• We are in the information age. How you access, process and utilize information determines how your business will grow.
• You must not build your business system on just one staff or machine. You must always have another better alternative built into the organization. Failure to do so might cause a collapse if he or she exists.
• You must be dynamic and focused. A unidirectional business easily becomes obsolete.
• Profit and loss baked with failures and mistakes are your best survival tools. Repairing a system after a major failure and bringing it up to standard and equally running well means you have mastered the terrain. It translates to cash and professionalism.
• Don’t be attached to a business so much. See it as a tool and vehicle to get you to your destination which is financial freedom. Thus you can flip it when necessary.
• You have to see the end from the beginning. It allows you to determine when in or out of line.
• The challenges that kills a business starts like an ordinary obstacle. You must be eagle eyed to locate and thrash them earlier enough or else, it grow like a cancer.
• There is a great difference between text book definitions and real life practice as regards businesses. Internalize them on time and avoid some mistakes.

Keep thinking, think better!