JESUS ONG DY (Business Opportunities in Troubling Economic Times)
5 Principles to draw from:
1. Forget your plans and challenge the existing circumstance
2. Optimism versus Realism
3. Reinvest your profits
4. Creativity and Innovation
5. Value your people
Dream and Dream Well, but do not be a slave to your dream.
People are the most expensive assets.
Don't take life too seriously, nobody gets out alive anyway. =D
RAUL EDGARDO VICENCIO (Creative Sales and Marketigng during Hard times)
Selling STrategies:
1. Increase Market Penetration
2. Evaluate Customers per segment
3. Focusing on Customer Needs
4. Evaluate 'wanting' segements
Focus and understand customer needs by Exceeding Expectations, Adding value to service and prioritizing customer satisfaction.
It will also help to:
FINE TUNE PRODUCTS & PRICING
IDENTIFY MARKET POTENTIALS (trends, laws, industry growth, sophisticated investing)
FOCUS ON SOLUTIONS
CLEMS ABALOS (Taking Care of Employees)
Hire Slow and Carefully, Fire FAST Cautiously.
Be Creative in winning your employee's Trust.
You will never have your employes treat your customers another way.
DAVUD LA SUEUR
EFFORT- how hard we work
EFFECTIVENESS- how powerfully we work
Pointers in preparing to launch a business:
1. Gain relevant experience
2. Remember all experiences can be relevant
3. Be Bold and Creative
4. Work for FREE
5. Look for Wisdom and SEEK it.
The payment of FULL Tithes and Offerings makes GOD our partner in business.
working for free is one of the hardest things to do... pero i guess the context here is that during the start-up phase of your business, you must be willing to sacrifice and refrain from eating your early gains and plough it back instead...
ReplyDeletePinoy Money Talk has very good ideas on how to manage our moneys... hehehe...
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