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Author Topic: HOW TO BECOME A SUCESSFUL BUSINESS MAN.  (Read 476 times)

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Offline David Allyson

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« on: July 08, 2015, 02:28:46 AM »

A business owner is someone
who participates in a business
venture and who develops and
maintains business operations.
It is not uncommon for a
business owner to be involved
in one or more businesses
which may include companies,
corporations or
entrepreneurships. A
successful business owner is
one who may oversee one or
more successful businesses,
the success often being
measured in financial terms
like net worth, net capital,
cultural impact and
sustainability. Whatever the
measure of a business's
success, there is usually a
successful business owner
behind it.These steps aim to
help you become a successful

1. Get an education. It is
important that you know
the fundamentals of running
a business. There are many
ways to learn business
principles such as marketing,
management, finance and
College. Any degree in
business is a good start.
Trade schools. If your
business specializes in a
particular trade, you
should know as much as
you can about that trade
to ensure business
Seminars. Attend
seminars on business in
order to learn from those
who have already
succeeded as business

2. Develop your
interpersonal skills.
Interpersonal skills relate to
how you interact with
people. Not only will you
need these skills to manage
your employees, but also to
negotiate deals and
contracts, communicate
effectively with the public
and network with other
industry professionals. To be
a business owner with good
interpersonal skills, practice
the following:
Make it a point to
appreciate the work and
input of others.
Practice active listening.
This means
acknowledging what
other people say by
repeating it back to them
in your own words, as
you understand it to be.
Pay attention to others.
Be proactive about
noticing others' feelings,
words and body
Connect people. A
successful business
owner is a hub through
which other interpersonal
connections are made.
Promote an environment
that brings people
together by treating
people equally and fairly,
and encouraging them to
work together.
Take a leadership role
when it comes to
resolving conflicts. Act as
the mediator, rather than
involving yourself

3. Pursue your dreams of
business success with
passion. It is not enough to
just want to be a business
owner. A passion for success
is what will make you stand
out from the average.

4. Hire carefully. Your
employees are your
support network, and are
necessary to your business
success. Hire only people
who are skilled and
competent, and be sure to
consider how well your
employees will mesh as a
team when choosing your

5. Manage your finances
with your business's
well being in mind. Custom
suits and a large office may
be tempting, but reinvesting
in your business should be
top priority if you aim to be a
successful business owner.

6. Seek the guidance of a
mentor. Choose to
develop a relationship with a
business owner whose
career you would like to
emulate. You may find this
mentor through social circles
or by researching businesses
that you deem as successful
and asking for advice.

7. Take calculated risks.
You must take some
chances and step outside the
norm in order to become a
business owner that stands
out amongst competitors.
This means accepting the
inevitability of small failures
and learning to see them as
opportunities for growth.
Plan your ventures carefully
and hedge as much risk as
you can, but be prepared for
the occasional setback.


- Always make good use of
your time.
- Always develop a good
manner of relationship to
your customers.
- Always try to keep a good
customer relationship.
- Be loyal with your employees
and customers.
- Be committed to your
- Appreciate your customers at
all times.
- Always be truthful.
Name the business with a
good/catchy name, not an
offending name to others.
- Manage your funds carefully.


Avoid hiring family members
and personal friends as
employees unless they are
optimally qualified for a

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