Wednesday, March 16, 2011
Doing business 101
The best way to start a business is to start small... and dream big... i wonder how true that is.
I've been doing business for quite some time now, and i've only come to conclude with a couple of thoughts... this is how one should do business:
1. Dream big
2. Start big (enough)
3. Rise above expectations
4. Risk small
5. Roll the money
6. Hope for the best, but expect the worst
7. Gamble only what you're willing to lose.
Doing business is just as risky as gambling, and just as crazy/dirty as going into politics. Just as JG once said... you must know the right people, the right product, and pirate the right personnel.
However, i will always belive one thing above all else... that business is not 100% hard work. In fact, it's not even 50%.
This is my own breakdown:
20% skills
20% hard work
20% connections
40% luck
The other factors are merely insignificant statistics.
Now being a businessman is different. It takes:
30% PR
40% hardwork (or the notion/facade of hard work)
20% luck
10% jerk
At least that's what i think. Maybe i'm wrong... maybe i'm right. But i guess you won't really know unless you try right?
Money is not the root of all evil... the need for money is.
Location : Don Villanueva, Laoag City,
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