Business experience 1. some financial difficulties, there are ups and downs in the business.

 

 Hello friends,

Today a business experience is telling you, This experience comes across in many businesses. Friends, we see a lot of people doing business at a loss. This means that due to some financial difficulties, there are ups and downs in the business. We are going to learn about these financial difficulties.

Friends, you may be new to the business or have been in business for a few years. Some businesses offer these customers the right to borrow. Why? So this customer should not break, should not leave, and by accepting this loan he will feel the difference between your shop and others and he will come to you. But keep in mind that even if the customer doesn't pay you on time, or pays back in a few days, Even so, owning one is still beyond the reach of the average person. And if you want to repay this cost on time, then if you repay this cost a few days late, you have to pay the penalty yourself. Then the penalty reduces our profit, then we lose because of this continuously decreasing profit. Let us understand this point from certain examples.

 We give the customer a discount to borrow, then he gives you his money after a short or long period of time. But we spend on some raw material, as well as light-water, for the service or product we provide to our customers, on the staff in our organization. Then the money for this will be taken from your customer, then that customer pays late.

So if we pay the cost of the above raw material or the cost of some facilities late then we sometimes have to pay some penalty for it, as well as some contacts are weakened due to such transactions. So when you can't afford the raw material for the money you need for further work, then you can't maintain your best efficiency. Some of these problems arise.

How to overcome these difficulties? One solution to this is that you should have already taken 50% of the cost from the customer. Then even if you are going to make a profit of 20% or more. Your customer can definitely afford it. Now you say what if they make less than 20% profit? What should they do if they don't need raw material but only light and water? One thing you can do is reduce the time it takes for your customer to repay the loan. This way you don't have to pay any free penalty.

How did you find this blog? Also, did you have this experience? Be sure to mention this in the comments.

Entrepreneurial mindset meaning. 1

 

Hello friends ,

 This blog is exclusively for people who are currently working. Here are some tips to help you get promoted while working, how to have a great career in that field, or if you are going to do business after the job.

You may have seen in the workplace that no one seems to be satisfied while doing the job, and if you are working in that field based on your passion, then that person is definitely satisfied. But the experience of not being satisfied with the job seems very common to me. I mean, people want to make money, so they don't do anything. Also, if you don't get a salary increase or promotion, even if you work harder at the job, then everyone will be dissatisfied. Then let's understand that there are some solutions to this.

This is not true if you are earning only a little money by completing a job where you are working, you have to pay attention to how your work progresses with money, and if you ask for money, your financial strength will definitely increase as you progress. .

What is work progress?

 You may be doing your job well but there must be some innovation in the work. You need to increase your efficiency. Speed ​​up your work, if there are any problems in the work, make sure that they do not recur.

If you focus on all of the above, you will develop an interest in your work, then you will be fully prepared to solve any problems that come up in your company, and as you solve the problems of the company, your promotion will increase as you take the initiative.

If you have an entrepreneurial mindset, if you want to do business further, then you have to realize that you have to make progress in your work, you also have to understand the system of that company, turnover, you want to add to your experience through some observations.

There is no point in spending the day saying that I am a servant of this company and will only do the work given to me. Think of what you are doing as a service to your company. Then you will feel that you are doing a business right now and buying / providing a service.

Once you give up money, your posts, promotions and do things, you will fall in love with that job, that area. Congregation If you want to do business and you understand your specific area, you can definitely do the above. We see examples where someone was working there and now he has started the same business himself. The hard work put in by these individuals for the business they started is just as important. You need to understand the top-to-bottom dealings of the company you are working for. Now no one will come and teach you this, you need to get in touch with many and get information from there.

If your company has a lot of departments, then the idea that you are in this department and only want to work here is wrong in terms of entrepreneurial mentality. Admittedly you can't work in every department but you can monitor.  This observation will not give you practical experience, but it will introduce you to a new work. You can increase the efficiency of the work you are doing, because you know how much output you get by giving input, then you focus on how to get more output in less input and progress in the work.  Also find out what is the input of the work being done in other departments and how much is the output. So that this record will be useful to you while doing your business. How do you do all this cool stuff? You have to remember a cycle of how to work there, you have to get these processes done by your colleagues. Focus on how this can be done, and think about how you can get the best out of others.

Now that I have the experience of my job, I have got the information of this business. How to start now? This begs the question. When you leave your job, you need to have good contacts, that is, you need to know each other. You need to get these identities, contacts / contacts within the job period. You can get many projects using this contact. Also, your business associates will get through this contact. And the more experienced colleagues are, the more profitable they will be. Otherwise, it is difficult to spend time and money teaching in a newly started business. From all this one understands how much contact is needed. Creating this connection is an art, For this you need to have humility. To make this connection, your speech, your knowledge, your feelings must be clear. A person you meet for the first time should feel for a moment, even after you have spoken, what a man he was. So keep creating contacts is very useful.

One last thing to say is that a business that doesn't attract anyone by cheating, by showing extravagant tricks doesn't go very far. Doing business clearly and properly will take time but a big success is guaranteed.

Our work environments matters. Our professional and educational environment.

 Friends, today we are going to learn about the environment. We are working in one place, doing business with someone, there are some students who are studying in one place. Then in that place you want to work in a certain area, with some people, you want to do your professional / educational work with those people. So, What is Environment? The definition of environment includes the company of the people in your place of work, the events that take place there, i. e. the effective incidents that take place in that place.

Whenever we are studying in a place, or doing a job, we are affected by what happens there. That effect causes some changes in us. So sometimes they are good and sometimes they are bad, but sometimes they need to be changed and sometimes they are not. E.g. We see that if someone in your family wants to go to a school or college  admission, they make that decision very thoughtfully. what is behind it? The reason is that when your son / daughter is learning,  then good, smart, students should come in his company so that he / she will also stay with them and get a good education. There will be some habitual changes gets in the children. I mean, we make some decisions like this for the educational progress in this place and we take care that the environment of those children will be good. 

Another e.g. See - Suppose you are going to work in one place, but you have some expectations, some of which are that I want to go to big cities and / or work abroad. So why this expectation? Because you may have seen that very big companies are in these cities / countries, and the standard of living of the people working there is attractive, but sometimes the luxurious life with all the services is also attractive. So what is this? This is the environment of that place. This is an e.g. Well, I don't think you should go to the same environment and get a job, do the job anywhere but work hard and make progress.

The point to be made now is, friends, that if we are working in many environments, then due to that environment some changes are taking place in us, some habits are taking over. We must continue to work to discern those habits, changes are good or bad. In the same way, sometimes when you have to come in contact with some bad or evil people, you have to be careful that some of their habits do not affect you. So sometimes you have to be aware of how long you have to stay in an environment.

Friends, you may have seen that those who are in the army  ,they are very disciplined. So is this young man already so disciplined? There may be some of them. but some of them became more disciplined after joining the army. How is that ? the answer is that their environmet has changed and they have got used to the habits of the place. Another e.g. Friends, we see that some university syllabus / curriculum is different, some teaching methods are different, so we see some difference in the students of that schools. So  the students are selected based on their merit and sometimes on the basis of their external skills. Then where there is a good school, possibly very smart, skilled / skilled students come together and then those students stay in a group and make a lot of progress. So the attraction of big universities is seen in the students. This means that everyone cares about how good their environment is.

Friends, even if you are working in the same field, the same environment , you understand some limited information, changes. So.

, Get in touch with many different people to learn about their work, work with them if possible. so that you understand their work ethic, then there will be some change in your habits, is also beneficial. Try to keep in touch with good , creative , enthusiastic and optimistic people, increase your contacts. That is, your environment will change. Due to changes in the environment, you understand the nature of work of such people, and their lifestyle. And until you start that work in the corresponding environment, that work remains as a study. So make contact with the right people in the right place / environment . Then you can lead to further progress in that work. Once more read it. Get in touch with good-natured, positive, visionary people in your company. Then make the necessary changes, make further progress.

I am Rich!

                  

      Many people think that a person who has a lot of money, car, bungalow, big property is rich. But is that really the definition of wealth/Rich? I don't think so. This is what I am saying from this blog.

    

      In fact, everyone's definition of wealth is different, let's understand from a few examples, a person who has a great physique is very rich, a person who has a lot of creative / innovative skills is rich. A person who is considered by many to be an ideal person, then that person can be a player, an actor, a professional, a politician, and sometimes your teacher / mentor, sometimes your senior partner / colleague,  some of the ideal people who are highly respected people, Some of these ideal people do not make much money. But the fans, followers, students and the respect they give to those ideal people is the wealth of the ideal people. Then of course they are rich.

     Now there are some people who are very rich, they have different group of wealth and the person is a farmer. We have often heard that food , clothing and shelter are basic necessities. We know water and food are very essential to survive. The farmer grows the food and delivers it to us so we are healthy now. Then we must respect him. The thousands/ millions of such people depends on this one farmer, which it means that the farmer is very rich. Like farmer one who such take care of the nature through plantation of some beautiful plants and make a fresh green environment. These people saves the natural resources and live together with the nature. They are also very rich. 

                                       

          One thing to note from all this is that " The man who can buy anything is not a rich. The man who can never be sold is a really rich." 

Hope you understand this blog well, thank you! Thank you again.

If you like this blog, be sure to leave a comment in the comment box below.

Keyword- # mental health# real richness# farmers wealth# money# 

The most usefull all Problem solving rule 80-20 Rule.

whatever you are doing right now, you are studying, where you are working, you are running your own business. Then you will have to deal with a lot of problems. If you are working then you are not getting time for yourself, work is not progressing, if you are a professional your business is not growing as expected and there are many customer complaints and if you are a student you are not getting the expected marks after a lot of hard work. If you are facing some of these problems very often, I hope you will find solutions to all these problems from this blog. That is, we will learn how these problems arise and what the solutions are.

                           

The Wilfredo Pareto, a great economist, has stated a basic principle. This principle is called 80-20 rule, so this principle is more likely to be used in business so that business problems can be studied and solved. This principle was later renamed as Pareto principle. But this principle is no longer just used in business, we can also use it in our daily lives. So now the question is, what exactly is the 80-20 rule? - So the answer is that the result of 20% of your work is 80% and 80% of the problems are caused by 20% of the reasons. There are so many examples - one in business management is that “80% of sales come from 20% of customers”. 20% of hazards can be such that 80% of injuries or accidents occur. Some 20% exercise and habit have 80% effect.

I will now explain this rule in each area, first we will look at how this rule applies in the business sector- 20% of the customers in your business are giving you 80% profit and 80% of the complaints you get are from 20% of the customers. So if you pay close attention to these 20% customers and resolve their grievances, your business will make some profit. Also your business is growing due to certain 20% important things, work e.g. Your service, the time it takes, the quality of your product, its price, the skills of the colleagues working in your business. It is important to work on these things, not just how your company name should be, how the logo should look, as well as the politics of big co-workers, the color and shape of the tables and chairs in your office, and so on. But there are some 20% jobs like the ones mentioned above that can help you grow your business by 80%. They need attention.

Now let's see how this rule is useful for young people who are studying - there are some young people who study less and show good results, then those young people study only 20% of books and how? Some study by solving certain previous year’s papers or by noting the important points from your teacher on the questions on it, then further 80% result of that 20% effort is seen. That is, it is important to give them more time to focus on specific issues and to give the rest of the time.

This 80-20 rule states that 80% of the problems that arise in your business / job have 20% causes. So one thing to do now is to find these 20% causes and focus more on those 20% tasks so that it will solve 80% of your problems and end those problems. Now this rule is so useful that it is widely used in areas like quality inspection in the field of engineering, and therefore understands the quality of the product being produced. So I hope you understand this 80-20 rule well.

There will be only one building but nowhere else will it be so tall.

Hello friends, this blog is especially for those who are now working in a certain field, doing business, as well as the rest of the educated youth. Today, every young person is not just living by hard work, every young person is using their hard work as well as ingenuity. That is why they have become successful in life today.  If all these have succeeded then what? Nothing to stop now? Yes, there are many people who have achieved their goals and are sitting quietly. Admittedly, the goal has been achieved, but what is needed now is the idea of ​​"achieving a bigger goal than achieved, achieving more / more success in the same field in the same place".

What exactly is a bigger goal or more success? - It means to increase the height you have achieved in the field where you are working. So to achieve this height you have to be known as a great personality or the father of that field. It will be a great pleasure to see all this and achieve such a great success. But in fact there are very few people that can achieve great success. In order to reach great heights in your field, it is very important to be loyal to your field, as well as to show how good you are in other fields besides your field, but sometimes it will be just as wrong. So what exactly to do? All you have to do is make progress in your field, get more knowledge about your field, create innovation, create it in your field with your ingenuity.

The point is not to do anything other than your specific field, the point is to use your knowledge of that field to make your field even more advanced by using it wisely and brilliantly, Then spend your precious time gaining knowledge in this field and making new discoveries. If you are working in a new or many other fields at the same time, you will not have the knowledge and experience of the whole field in any of them and therefore you will remain an employee in that field. But the one who works hard in his field, shows ingenuity, will get excellence in that field and will also become an expert in that field in the future.

So imagine that you are currently in a small position in a field but if you survive in that field, you will one day be in a big position in that field. As one big businessman has said, "digging a ten-foot pit in the right place at once instead of digging a one-foot pit in ten places will definitely get you water" so I hope you understand this well.