Thought of the Day: May 29, 2018 – Business Opportunity
All professional know, if you want to succeed, you have to create a business opportunity for yourself and staff.
You can’t wait for things to be giving to you. You have to go out there and get what you want! Create opportunities for yourself by connecting with the right people.
Today the competitive landscape is changing. Technology, products and services, along with the way buyers want to buy is changing.
Along with their wants and needs their expectations of what you need to provide in the sales process is also changing. In order to first understand what the customer wants you have to understand what you have.
Look for opportunities within your company. Talk to employees of the business. They can provide valuable insight on what customer is asking for and their ever-changing needs.
When the business owner starts a business, he/she sees somethings others want. They decided on who their target market will be and they study them. In the target market lies the business opportunity. The opportunity to provide value for the exchange of money.
But this can only be done if you understand the market you operate in. Sometimes you have to go back to the basics of why you started the company or introduced a product in the first place.
This may help you see where you are lacking and where you can create future opportunity for the business and its employees.
If your company is looking to grow you will have to purse new ways of doing business. You may partner up with a PR firm, a similar business, an affiliate or a consultant who can show you some strategies to succeed.
Creating opportunities for your company means you know what your company is looking for. You know how it wants to grow and you understand where its needs to improve. You also understand the type of team you will need to build for your business to succeed.Too often companies settle for employee because they need a seat filled rather than get the best person to fill the seat. Click To Tweet
As the business owner or employee, are you always looking to network. There are people who know more than you, understand technology, your market and even your customer better than you. Having people who understand what your needs are will allow you to create a network that will help you grow your company.
When you are looking to grow your company you many consider, advancements in the industry, timing, cost, ROI (Return on Investment), opportunity cost, trends, branding and your competition.
I believe the owner of your company should want to help employees continue their education. The more the employees know the more business opportunity they can create when interacting with customers.
The employee of a company needs to keep up on what is happening in the market. Like they say knowledge is power and when you apply it, you unleash that power within yourself.
If you have an opportunity to attend a networking event you should. The more people you know the more business you can create for you and them.
You become an expert and people look to you for connections in the industry. You not only increase business but personal opportunities as well.
Founder and CEO, Discover Your Life Today
Maveen has built his career in Banking, Insurance, Home and Automobile Sales. Providing exceptional customer service is his passion. Writing is a way to share his knowledge and help change the lives of million of people. Like the Facebook Page to support him.