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Showing posts from June, 2022

Mythology of selling

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         Having selling principles in your memory and you will be on your way to becoming a successful salesperson.    But from all these experiences we have garnered some perceptions of selling and what it is like. Most of such perceptions are myths. Many people shun selling careers because they believe in the mythology that surrounds sales jobs.   We would examine and debunk these myths.   From the following factors below, we will be able to have a better idea of what selling is all about. i.                      Salespeople are born, not made: The saying goes "salespeople are born, not made" has caused untold damage because it leads the uninformed to believe that all you have to do is to grab some film's sample kit and go to the field.   If one is born a seller, then success will quickly follow and if is not so endowed, it ...

Three rules for managing cash

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    Accounting journal shows how much cash an entrepreneur have on hand. You can be running a profitable business but still be insolvent if your cash balance (receipts minus disbursements) become negative.   In order to avoid getting caught, without enough cash to pay your bills. These three rules are for you: i.                      Collect cash as soon as possible. As you make a sale, try to get paid on the spot. ii.                    Delay paying bills, as long as possible, without irritating the suppliers. Most of the bills, come with due dates. The phone bills, for instance, is typically due within the period of twenty-days. Make sure you will never pay any bill after the date due, without getting permission from the suppliers. iii.       ...

Where others see problems, entrepreneurs recognize opportunities.

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https://hopebi.blogspot.com/2022/06/where-others-see-problems-entrepreneurs.html     The simple definition of entrepreneur'' captures the essentials:  An entrepreneur recognizes opportunities where other people see only problems.  Many famous businesses started growing up because an entrepreneur turned the problem "into successful ventures. The entrepreneur recognized that the problem was an opportunity. In case of dissatisfied customers, there are definite opportunities for the organizers.       Anita Roddick is a potential example of an organizer that started as a dissatisfied customer; she started the body shop international because she was tired of paying for unnecessary perfume and fancy packaging when she bought make-up and she thought other women might feel the same way. Bill Gate is also a problem solver before he started Microsoft, most software was complicated and confusing to the average person. Gate decided to use his program...