Posts Tagged ‘5 super tips for succeeding in business’

Over the past year, I’ve written a good number of business advice articles for Manila Bulletin and each of those articles were and still are meant to help as many people as possible. These articles are from my experience and discoveries through a lot of trial and error in “business making”, and to be honest, all of those articles contain a secret or two of mine on being successful in business, so in this particular piece, I’d like to summarize some of the more valuable lessons and what has made me who I am over the years. I do hope that you enjoy reading this as much as I enjoyed writing it.

Keep things simple

If there is one truth about what works in this world is that the simplest of solutions are all you really need. A lot of times, I find myself looking at an opportunity and immediately start thinking of all sorts of “creative” ways of making money with it. Most of the time, it becomes an exercise in creativity rather than making a decent profit. In my article entitled, “Do Not Overcomplicate Your Business” I talk about this incident where a student from an Ivy League school was over complicating what should be a very simple and straightforward business — printing and selling of t-shirts. (Go to my blog at http://www.markso.wordpress.com and search the title if you have not yet read it) I mean, come on, how complicated can that be right? Well, as the story turns out, you’d be amazed at how our train of thought can be so devoid of common sense.

Find the customer first

When I first heard this line from a successful entrepreneur (a close and dear friend) a long time ago, I was blown away at the simplicity of the logic. This is really not a secret in business making, just find and talk to a successful businessperson, they will instantly validate it, and many a times, that is most probably how they started in business in the first place. So to explain further, I used to think like the throngs of would-be entrepreneurs when it came to starting a business, find capital, put up the business, then make money. The problem with that logic is that in order to be in business, you needed capital first and in many, many cases that was the whole problem, the reason why you want to start a business in the first place was because you did not have money to begin with, so I experimented with that line “Find the customer first”, tried this and tried that until finally I figured it out. I discuss this a little bit more in my article: “How to Make Extra Money with Zero Capital” (again go to my blog and search for it if you have not read it yet).

Learn how to sell

Business in its purest form is selling. So naturally, if you want to be in business, you need to learn how to sell. Now the problem with this for a lot of people is that the mere mention of the word “sell” sends shivers up and down their spines, “can’t do it”, “don’t want to”, “I don’t think I can” would probably be the three phrases that just popped in your head right now. But the truth is, anyone, given the right motivation can sell, in fact, the people who you think can’t sell are actually the ones who can outsell even the most gifted of sales men. In my article series “The Tale of Two Salesmen Parts 1, 2, and 3” I unravel the mysteries and debunk the myth that sales and selling are only for a select few. When you get to read those articles on my blog, you will soon realize that sales is not a position, it’s a way of life.

Manage your money

Now, the thing about selling is that if you do it very well, money comes in. And I used to think that the more money coming in, the richer I will be. Well, it is true, but unfortunately that’s only half right. What I experienced was that, the more money that I made, the lesser there was of it remaining because I spent most of it on useless stuff. It took my wife and a huge knock on the head for me to realize that no matter how much money you made, what mattered more was what you did with it. In other words, how you spend is much more important than what you make. This is another key to my business success. In my article series “Money Management Simplified Parts 1, 2, and 3” I discuss step by step how you can spend properly and of course manage your money. So if you haven’t done so yet, go to my blog now and search those articles.

Keep investing in yourself

I said this once, and I’ll say it a thousand times more. The real secret to becoming a success is to never be content to just stay where you are. You are a product of evolution, when times change, so must you, when times get tougher, so must you. In this world we live in, it is the strong that survive, and so the most basic and yet most potent advice I could ever give you my dear reader is to never stop investing in improving your self, expanding your knowledge, practicing until you understand, making mistakes and boo boos along the way are all the things that you need to do constantly to keep on growing and succeeding.

In the end, I hope that my business advices through my articles and my blog have helped you in some way, hope or form. If it has, do leave a comment on my blog on any or all of the articles that you read there. Good luck and God bless!

Author box:

Mark So is a fervent businessman, forex trader, marketer, sales consultant, and educator.  He is the Chairman and CEO of Businessmaker Academy—a business, finance and corporate training center.  He is also the Chief Forex Trainer of Forex Club Manila. Mr. So is slated to conduct his 7 Point Formula for Business Start Up and Expansion this November 13, 2010. If you are interested in attending this seminar, email Mark directly at markso@zerocapitalclub.com. To read more of Mark’s interesting and life enriching articles you can go to his blog at http://www.markso.wordpress.com

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