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How to get around competitors to earn maximum money? It is generally believed that simply offering the best product or service is enough. As practice shows, this is not enough. It is too little. The bottom line is that a product is a way to realize an idea. And usually that version of the idea that is relevant at the moment is already implemented with the help of some product. You can imagine that there is a computer with a USB port that is already taken.
Insert a USB flash drive into such a computer does not work. Similarly, the consumer has nowhere to “insert” a new product if the idea has already been implemented using another product. A new product may become necessary only if the previous product fails, and this is a very long process, so you will not get around competitors. Therefore, to get around the competition, you need something else. Continue reading
Many businessmen, having discovered a legal entity, begin to believe that they now have their own business. Satisfied, they rub their hands from the understanding that they will now work for themselves, and not for their uncle. The desire to work for yourself and not for uncle is a good desire, it must be encouraged. The more people who take responsibility, the better. However, there are nuances.
From a legal point of view, the business really belongs to newly-minted businessmen, and they really work for themselves. But the legal point of view is not the only one. There are other points of view. For example, one of them is practical. From a practical point of view, a business legally owned by a businessman is not always 100% owned by him in fact. Continue reading
To understand what the basics of doing business are, you must first clearly define what a business is. This seems to be understandable, but I must say that the traditional concept of business is not complete and needs to be supplemented. First of all, it should be noted that business is an urgent need of people, about the same need as to eat, drink and breathe.
True, this need is not characteristic of all people, but only of special people. What kind of people are these? These are people with very strong energy. Accordingly, business is the need of people with very strong energy. Strong energy is, of course, good, but that it does not cause harm, it must be spent. For this reason, people with strong energy and create a business. For them, business is a way to get rid of excess energy. Continue reading