Managing Your Business can be a daunting task if you are a start up, without prior business experience. Hence the dramatic statistics referring to the business failure. It is generally known that about 95% of new businesses fail within the first year in business and further 85% of those left after first year will fail in the next five years. Frightening statistics. There can be many reasons for this, however, lack of knowledge and lack of persistence are only two to mention. The list is very long.
How can the statistics be improved and most of all, how can we help those businesses so they are not going to fail? It is two way process. First, the Business Owner, Business Founder, or Manager, must have the right answer to the biggest question in life. This question requires a good , honest answer. It is.....
WHY?
Why do you want to go in to business? Why do you want to do this particular business? Is it because you see other people being in business doing well? Perhaps you know business owners who on the "outside" show that they are very successful, and you want the same? Do you go and do a particular category of business because your friend has gone in to the same line? Or is it to show others that you can do it too? Or is it, because you think that you become wealthy immediately?
Everyone of us will have own reason for choosing to go in to business. The important thing however is that we have a compelling WHY.
VISION
Do you have a clear picture of where you want to be in the next 3- 5 years? Have you got a vision of how your business will grow in that time? Can you envisage your self in that particular business or is your picture telling you something else?
How powerful is your vision? Who will be assisting you on your road to success? Will you work on your own, or employ someone. How many people will you employ? What customers you are going to serve? What products or services are you going to offer?
PASSION
How passionate are you about the business you want to get in to? Is it because this is your hobby, a passion that is turned in to a business , or is it simply a thing of , " well..... it is a business.... isn`t it?".
Doing something without a good, positive, well..... PASSIONATE filling towards what you are about to do, will be not enough to sustain your interest in your business during the hard times.
Thus PASSION is vital ingredients in a successful business venture.
Managing Your Business is not just about the why,the vision and passion,though these three ingredients are vital in every business. These are the fundamentals of a successful business along with goal setting, personal development, business plan, and the right team of experts around you.
Dolphin Seminars provide you with all the knowledge and skills that you require in order to succeed in you business. We want you to succeed, thus our courses and workshops are designed to give you the right expertise for your benefit, and support you on your journey to the success.
Visit our website to see what is on offer on workshops, seminars and e-learning . Chose the best option.
To book our next event on Managing Your Business please click here.
Author: Maria Kompanowski, Dolphin Seminars
How can the statistics be improved and most of all, how can we help those businesses so they are not going to fail? It is two way process. First, the Business Owner, Business Founder, or Manager, must have the right answer to the biggest question in life. This question requires a good , honest answer. It is.....
WHY?
Why do you want to go in to business? Why do you want to do this particular business? Is it because you see other people being in business doing well? Perhaps you know business owners who on the "outside" show that they are very successful, and you want the same? Do you go and do a particular category of business because your friend has gone in to the same line? Or is it to show others that you can do it too? Or is it, because you think that you become wealthy immediately?
Everyone of us will have own reason for choosing to go in to business. The important thing however is that we have a compelling WHY.
VISION
Do you have a clear picture of where you want to be in the next 3- 5 years? Have you got a vision of how your business will grow in that time? Can you envisage your self in that particular business or is your picture telling you something else?
How powerful is your vision? Who will be assisting you on your road to success? Will you work on your own, or employ someone. How many people will you employ? What customers you are going to serve? What products or services are you going to offer?
PASSION
How passionate are you about the business you want to get in to? Is it because this is your hobby, a passion that is turned in to a business , or is it simply a thing of , " well..... it is a business.... isn`t it?".
Doing something without a good, positive, well..... PASSIONATE filling towards what you are about to do, will be not enough to sustain your interest in your business during the hard times.
Thus PASSION is vital ingredients in a successful business venture.
Managing Your Business is not just about the why,the vision and passion,though these three ingredients are vital in every business. These are the fundamentals of a successful business along with goal setting, personal development, business plan, and the right team of experts around you.
Dolphin Seminars provide you with all the knowledge and skills that you require in order to succeed in you business. We want you to succeed, thus our courses and workshops are designed to give you the right expertise for your benefit, and support you on your journey to the success.
Visit our website to see what is on offer on workshops, seminars and e-learning . Chose the best option.
To book our next event on Managing Your Business please click here.
Author: Maria Kompanowski, Dolphin Seminars
