Observations

Starting and Managing a Business for Profits and Wealth Part 7: Recruiting and Retaining the Right Talent

One of the areas that I have learnt in the last 20 over years of running businesses is to build the right team. Recruiting the right talent into your organization is a critical skill that all business owners needs to learn and cannot really be delegated. Business is known to fail not because it does …

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Starting and Managing a Business for Profits and Wealth Part 6 : Leveraging For Business Growth

Business is getting tougher. It is getting tougher to get more sales and cost is rising. And business owners need to find new, less expensive and better ways to get new customers, sales and markets. Working harder is fine but working smarter is better. Today business works smarter with collaborations and alliances. The opportunities arising …

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Starting and Managing a Business for Profits and Wealth Part 4 : The Worst Kept Secret of Every Business

The Worst Kept Secret of Every Business One of the most important lessons I learnt early in the years of making mistakes running businesses is the realization that a business really only exist because customers exist. If we have no customers there is no reason for us to continue with the business. There is nothing …

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Starting and Managing a Business For Profits and Wealth Part 1: Positioning for the Opportunity

STARTING AND MANAGING A BUSINESS FOR PROFITS AND WEALTH Part 1: POSITIONING FOR OPPORTUNITY ENTREPRENEURS ARE A SPECIAL BREED – they are a brave lot who are willing to take risks and face an uncertain future, to start and manage their own companies. Perhaps they just want out from the organizations they worked for, perhaps …

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