Read on Twitter
Build Successful Business: Must read for every business owner
~ Thread ~
~ Thread ~
1. Have a Clear Vision
Where do you see your business in 5 years?
Which direction do you want to take it?
Clarify things at every stage and revise as per feedback.
Where do you see your business in 5 years?
Which direction do you want to take it?
Clarify things at every stage and revise as per feedback.
2. Develop a Business Plan
Write out your business plan, It will force you to review everything at once:
- Your market assumptions
- Operation Plan
- Financial Plan
- Staffing plan
It helps you remove blindspots that otherwise would have missed.
Write out your business plan, It will force you to review everything at once:
- Your market assumptions
- Operation Plan
- Financial Plan
- Staffing plan
It helps you remove blindspots that otherwise would have missed.
3. Have a market fit product
Sell a product/ service that customers actually want.
Market must be willing to pay what you are selling,
Else your business will fail.
Sell a product/ service that customers actually want.
Market must be willing to pay what you are selling,
Else your business will fail.
4. Create short term goals
Along with long term vision, set measurable short-term goals.
They help to identify what the business needs to achieve in next quarter/month to accomplish annual goals.
Along with long term vision, set measurable short-term goals.
They help to identify what the business needs to achieve in next quarter/month to accomplish annual goals.
5. Skill Development
Identify the demanding skills and train the employees for them,
Increase their efficiency and efficacy for business.
Make it a continuous process as per feedback loop.
Identify the demanding skills and train the employees for them,
Increase their efficiency and efficacy for business.
Make it a continuous process as per feedback loop.
6. Take feedback seriously
Listen to the Customer.
Ability to adjust to feedback is major success factor for businesses.
Feedback helps you improve your product, service or business model.
Listen to the Customer.
Ability to adjust to feedback is major success factor for businesses.
Feedback helps you improve your product, service or business model.
7. Narrow your focus
Running too many projects at once can kill your business.
Few Projects with dedicated teams on them will boost your business growth.
Running too many projects at once can kill your business.
Few Projects with dedicated teams on them will boost your business growth.
Thanks for reading.
If you have learned something from it, Retweet the first tweet to help others. https://twitter.com/Wealthy_Brains/status/1354777754168823813?s=20
If you have learned something from it, Retweet the first tweet to help others. https://twitter.com/Wealthy_Brains/status/1354777754168823813?s=20
