Sunday, June 14, 2020

Why We Should Prefer Business Over Service?

Why Business Is Better Than Service June 14, 2020 0

Why We Should Prefer Business Over Service?

The Decision Of Career's Life.

The Major decision of ones life comes when he/she decides what to do- A Business or A Service.The later decisions of what types of business we should do,In what bulk,etc,etc Or the decision of which company we should apply to do the service comes later on. If our first decision is only wrong then we can not make a very happy or memorable courier.
Literally nobody forces us to opt for a decision which we haven't decided or is completely unknown to us,but in other way the scene of success in other's life,the amount of wealth with our cousion's,the way of living of our relatives forces us to decide our courier which actually we haven't.

Why Many times people fail in their career?

As discussed earlier sometimes we are moved with other's success story and opt for a future in which actually we aren't interested but do just because it would earn us a beautiful salary and help our family and make our father proud and give a golden chance to our mother to boast in front of our relatives and others.
Why we being young fear to take risk and follow our choice,our interest which would if not a 5-6 digit salary will surely earn us a satisfaction which is worth a Million-Dollar.The reason to the unasked question is very clear,'The Fear Of Society'.
We live in such a society where if you after completing your bachelor's degree or higher studies is not earning enough money to support your family, then you are surely a failure.What a concept..just hats-off to these people who thinks like that.This is the very reason for a large percentage of India's students opting for an engineering degree,whether they want or not.If you ask them or their parents why so?-The only answer that would come is,"In engineering our future is secure and we would get a good job with a decent salary". And then if you ask them,'were you really interested in this field'?-Maximum student would say-NO!!!
The story does not ends here,it continues till the uninterested frustrated students after going through a tortured 4 years of uninterested classes,teachings and assignments becomes a Frustrated Engineer.
And that's not the case with everyone,around 30% engineering students from every batch do not get even a low paid jobs because they were actually not interested in that.

Why Business is so under-estimated?

Let me tell you one thing, when i was in my 10th standard my parents told me who were actually in a business that you should keep yourself away from business it's a very tough task with a low return over and that too over a long time.So,I said what about service? They said service is the best thing.No headache, no tension just every morning wear a formal and go to your office,sit on a chair,complete your task and return home and every month without any tension you would get your salary in your bank account.So,simple.
I said, 'Yes it's very simple,but don't you think that doing a service is like a slave working for it's master on a fixed wage named 'salary'?
They were struct and yes service is like working under someones instructions whether you want or not.You would never be able to apply your own ideas or logic to the working of the company,you have to follow what you boss orders you to do.

But in Business you are your own boss.You run the business and formulate it in your own way.You invest and disinvest at times according to your own vision of market trend and your business's returns.So, in short you are the king of your workplace.

Business Men's are Underrated!!!

Yes,you heard it correct,"Business Men's are underrated". Although this is not the case with the big business men's but with medium or small scale business men's.
Let me relate it with an incident when our family was looking for a good man for my sister's marriage,then my sister made it clear that her first choice was a boy doing a decent service in a known and reputed company.When we asked her that what is the problem with the business man then she told that,"Business men's are always busy.They don't take an off even on sunday's.They don't get vacations or leaves like service men's get.And if one is in a good position in a company then they even get a family trip,which a business man will never get and would even not think off because he is busy all round the year,while they may both earn the same amount."
Though my sister may be correct at her point's,but this does not means doing business is an unworthy task.
My sister kept her points just because she was seeing the flexibility in the work of her husband,so taht they get enough time to spend with each other.But she was unknown about the fact that the company has just kept her husband for a signed period of time and when they feel him useless they will take no time to kick him out.However,in business the person is his own master,inwhatever way he performs no one is their to kick him out.

Let's Conclude The benefit's Of Business Over Service

Till now we have discussed following points:

1)Business is one's owned job where he is the king and decide how to run the business.
2)Though the flexibility in terms of time you get in service is less in business but you get security of having a job or simply work forever in your business.
3)The girl's may Prefer a service man,but it is a smart choice to start your own business.
4)And at last your satisfaction is mainly fulfilled by doing your own business and in the way you want.

The Successful Market Exit Rule

BusinessStrategies June 14, 2020 0

The Successful Market Exit Rule.

The Successful Market Exit Rule

What is actually a market?

Physical Market

Digital Market

A Market is actually a place where people interact with each other to fulfill their needs.

The need of the buyer is the product which he/she wants and the need of the seller is the money(profit).

In this way both buyers and sellers interacts with each other to full-fill their needs.

A Market may not be always physical,it may also be a virtual market where buyers and sellers do interact with each other but virtually.
Eg: E-Commerce sites(Flipkart,Amazon,etc).

Is their any scope of large profit in Virtual Markets as that of physical Markets?

The Successful Market Exit Rule

Yes,their is scope of large profit in virtual markets as that of a physical market.Infact in today's scenario almost 75% of the Markets supplier have moved to online Business.Both buying and selling of products are done in a very profitable way.

Actually the question arises when a seller thinks, "how to convince their buyer to purchase their products as they use to do in a physical market?"
But that's not an issue at all,if one knows how to post a product efficiently and in an attractive way then their half job is done,buyer will automatically come attracted to their products.

Now the next question that comes in seller's mind is "Online Business me bahut lafda hoga".
But my dear friends that's just a myth.Online business is actually very easy and very transparent,one can easily track each and every step of his business from customer's order till delivery and even the settlement of money in their bank's.

" Market is actually an opportunity especially for the people who want to sell something to make a lot of money with or without an investment."

Doing Business without any investment?

The Successful Market Exit Rule

Yes,You heard it right,"Doing Business without any investment" is now possible.Earlier we never had thought about starting or entering a business without investing in it.
But in today's scenario when Digital Marketing is in it's full-pace,starting a business or entering into a business without investment is that possible as that of hitting a pebble with an iron bat,yes it makes a loud noise and that's what your business will do.

So here come's the concept of "Affiliate Marketing".
Affiliate Marketing is actually doing a business without any investment,you simply need to sell other's products and earn commission.There are many affiliate programs running on the internet which any one with a social media account and a website or app can join and earn money.
Example: Amazon Affiliate Marketing, Flipkart Affiliate Marketing,Tata Cliq Affiliate Marketing,etc.

Doing Business With Investment .

Now let us discuss about starting a business with some investment.Actually starting a business physically(means with a shop,furniture,staffs,etc)is really very costly for someone with a little amount of money to invest.So in such case online business is really a gift.
Starting an online business needs complimentary social media handles(and that too in each and every social media sites), a Website(with Top-Level Domain) or an App(Better if it is in Play Store) for publishing your products and a little more investment for running ads.And that's it, your business is now live,you can sell products directly to your customers and keep all the profits with you.Unlike Affiliate Marketing(Where you get a very little commission on selling a product),here with your own site and products a seller can keep all the profit with themselves.

Now Once you have understood the concept of market and how to start a business with and without investment and even some strategies for a successful business,then comes the concept of:

The Successful Market Exit Rule.

The Successful Market Exit Rule

Every Businessman want's that his/her business should end with a lot of returns or a huge profit.No one ever wants that when their Business stops,they have no money left or saved for future investment or other use.

Unlike Virtual Market or E-Market you can not exit the market all at once,because you already have done a lot of investments there;means in Physical Market even if your Business is running low and you have predicted that the Business will no longer be able to sustain,you are forced to run it because you can't end it and exit the market all at once.And at this very moment you have your profit saved from the time when your Business was green,but sadly you can not save it anymore because you are forced to open your shop and that costs Electricity Bill,Management Bill,Transportation Cost's,etc,etc...which takes away all your earlier saved profit and now as your business is not returning you anything you are forced to put you earlier savings in the present costs and in this way at last you have nothing left when you finally "Exit-The-Market".

However, E-Market allows once and gives such flexibility to Exit-The-Market whenever one wishes.Once after starting a Business Digitally if you feel that your Business is running low; you can stop that business at that very moment with the present amount of profit you have.Hmm..you may think about your sites and your reputation,but that's a very different topic.In Business, profit is all that matters.If you have a huge reputation with low profit then you will only not be able to sustain in the market for a very long time,so it's a smart choice to 'Exit-The-Market' with the profit you have when your Business goes low and it has no scope of growth later on.

Thus,that's it with the "The-Successful-Market-Exit_Rule" we have actually covered 35% of the Business and Market and the rest 65% is all about Marketing Strategies,Rules,Ethic's,Motivation,etc.

So,stay tuned we will return with more interesting lessons next time.

Business Sahi Hai...................................................................

Business aur Dhandha

Sunday, June 14, 2020