Ten years from now I can only think of myself in a business, either working in one or actually owning one. Starting off a small business has always been my goal, like my father, I want to receive the experiences first before actually starting off a business, but 5 years or more should be more than enough. I have not yet decided what kind of business I’ll be in but the concept is still the same, a business is a business not matter what field it’s in. receiving the first hand experience is the key to a and successful business in my opinion.
Knowing basic strategies and understanding them is the only way, starting off fresh is only a mistake. This idea is similar to an internship. Who in the right mind will work and not receive pay? Only those willingly, even then those who are willingly are not actually doing it for nothing, they exchange their payments for knowledge and experience instead of cash. Focusing on a particular field in which one is interested in and taking it off step by step. The exceptional rich folks who are able to afford losing an investment in starting off a small company, with that kind of idea it will only lead to failure in the near future.
My father, before starting off his own business, worked as an employee for “Taro sue,” a furniture shop. There he learned how to treat customers and receive a firsthand experience like I stated in the previous paragraph. Although it was not his shop, he treated customers politely as expected for all employees. Sometimes the customers would ask for discounts, only a few cents at the time, he would agree. His boss liked him very much and was grateful for how well he made the business by doing that, his wife on the other did not and fired my father for doing so. My father then decided to start off his own store, shipping in new products from Taiwan.
There he made some money and began investing in garment industries. The business flourished and he is currently still in the business today. It all starts off small; even babies’ learn to crawl first before walking. It’s all about the choices we make and how we come to make the final decision that makes a great company successful. Nothing comes for free and always comes with a price. Never be cheap with customers, my father says, it’s all about making them happy, and when their happy they’ll come back. In the end the business will still profit.
Becoming a successful businessman requires one to see the big picture and not the little things, those who cannot see the big picture will definitely fail at the business, just giving a customer a few cents in discount will not ruin the business but in fact make it profit because like I said, when customers are happy and pleased with the shop or company they’ll often come back. Keeping those few cents and upsetting the customers, the chance of them returning is highly unlikely. Why chose you when they have so many other options, the point is to put yourself above everyone else. That is survival just like the jungle.
Monday, February 7, 2011
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