Three necessary factors that makes a business flourish

in Project HOPE4 years ago

Three things I have read about and I have also seen that has the capacity to make a business succeed, if it is taken with a high level of seriousness the business will flourish but if these factors are also the business might eventually fail.

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The first thing is to have a direct focus.

Once a business has a direct focus, it is always easy to say specifically what the business wants, how he hopes to achieve those things and moving in that line of achievement will be really easy. A business that starts up with a specific intention of providing food delivery service to the world, will remain focused on delivering food service to the world and if someone talks to them about providing health care facilities, it will be really easy for them to discard such ideas and remain focused on their food delivery business plan. Even if diverting into the health sector might be a good idea, they will rather spend that resources on growing the food sector the more and covering a wider range of audience.

The second thing is to focus on little decisions.

The little things we easily ignore are things that pile up into something huge and large, in running of a business you have to focus highly on those minute decisions because they are the ones that end up either making the business better or destroying the business eventually. Never underrate those decisions you consider as being little in running a business when you think it is little, it is big enough to destroy what you have been trying to build for years, simple decisions like when you ask your workers to resume, like when you pay your staff, how you interact with them amongst other things.

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The third thing is to realize how important every second of our time is.

Time is highly relevant in the world of business, we either make the best of every second or we totally ignore the benefit in every second of the day. As one who runs a business, you are going to have so many activities up on your sleeve and if you are not careful you might end up wasting each day with the attitude of procrastinating on running those task later. Take the job serious as if your boss is going to lay you off for not doing it well, a lot of business owners get really comfortable that they forget how much the success of the business lies in their hand.

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Hello @ireti
I support you when you say that small things can be made very big, and then difficult to control.
I read once: *The monster must be killed when it is small, because then it grows...

The monster does grow oo and if it is not killed as a child it will be highly difficult to kill later on.

I like the simplicity with which he raises the issue, not only in business is applicable but in the personal lives of entrepreneurs who for lack of these tips make a lot of mistakes, yesterday I saw an interview where they said they talked about the value of time and said that young people have time more than money and so they vote but when they reach maturity they realize that their greatest asset is time because it can not be replaced by anything.

I tell you, we often think we have all the time in the world not realizing how little of the time we have to ourselves.

You have said it all. Most times we even ignore little decision which have negative impact and preventing our business to flourish

We consider those things as too simple but they are the ones that matter greatly.

I agree with you, the first thing we must have clear is the approach that the company seeks what are their expectations both in the future and in the present, which will do their job, encourage as when to pay their staff, and finally and most importantly the treatment of staff instinctive, professional growth, be a good leader and play a role impeccable. Thank you for your article

Thank you so much for reading.

The points are highly relevant every business that wants to flourish must focus both on Evey decision made and how essential time is also nice post.

For growth to happen, little decisions need to be taken into consideration all the time.

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