Tuesday, September 3, 2024

Characteristics of Successful Entrepreneurs

 Success in business requires training, discipline, and hard work. But if you are not afraid of these things, the opportunity is as great as it was today," says David Rockefeller.

This insight emphasises the critical importance of specific qualities for entrepreneurs who aim to influence and lead effectively. In today's competitive business environment, having the right entrepreneurial skills can mean the difference between thriving and just surviving. Understanding what common traits good business people have is important to anyone who wants to make a big impact.


For aspiring entrepreneurs, business leaders, and professionals aiming to increase their influence, knowing the characteristics of successful entrepreneurs is more relevant than ever. The characteristics of an entrepreneur are not only having innovative ideas; they include a variety of features that help in navigating business problems. From resilience and flexibility to visionary thinking and effective communication, the characteristics of an entrepreneur shape their journey to success.

To be a successful entrepreneur requires a willingness to embrace challenges and continue to develop one's skills. By examining the key characteristics of a good entrepreneur, you can gain insight into what makes these people stand out. Whether you're just starting out or looking to improve your approach, identifying the key traits of an entrepreneur can give you a roadmap to achieving your goals and making a positive impact in the business world.

Are You Missing These 7 Qualities Of An Entrepreneur To Influence People?

1. Visionary Thinking

Definition: Visionary thinking is the ability to see beyond the present and imagine possible futures. It involves creating a clear, strategic vision that guides the business owner toward long-term goals.

Importance: Having a clear vision is one of the main characteristics of an entrepreneur. It serves as a beacon, encouraging and motivating the team towards a common goal. Visionary leaders like Steve Jobs and Elon Musk have shown how a compelling vision can drive innovation and inspire others to strive for excellence.


Examples: Steve Jobs envisioned a world where a personal computer would be available to everyone, changing many industries with Apple. Elon Musk's vision of sustainable energy and space exploration has led to major developments with Tesla and SpaceX. These examples highlight the characteristics of successful entrepreneurs who use visionary thinking to influence and lead effectively.

Actionable Tips: To develop visionary thinking, start by setting clear, long-term goals and continue to seek new insights and perspectives. Participate in creative brainstorming sessions and encourage your team to think outside the box. Stay informed about industry trends and future technologies, and don't be afraid to take calculated risks. By doing so, you embody the qualities of an entrepreneur that can turn a simple idea into a powerful movement.

2. Effective communication

Definition: Effective communication involves a clear, concise, and purposeful exchange of information. Key features include attentive listening, clarity in speech, emotional intelligence, and the ability to adapt messages to different audiences.

Importance: Communication is the foundation of leadership and one of the most important qualities of an entrepreneur. It is important for building relationships, managing teams, and influencing stakeholders. Entrepreneurs with strong communication skills can articulate their vision, foster collaboration, and resolve conflict, making them better leaders.

important include listening carefully, clarity in speech, emotional intelligence, and the ability to adapt messages to different audiences.

Importance: Communication is the foundation of leadership and one of the most important qualities of an entrepreneur. It is important for building relationships, managing teams, and influencing stakeholders. Entrepreneurs with strong communication skills can articulate their vision, foster collaboration, and resolve conflict, making them better leaders.


Examples: Consider how Warren Buffett's direct communication style has earned him trust and respect in the business world. Similarly, Oprah Winfrey's compassionate and engaging communication has built a global media empire. These examples show the characteristics of a successful businessman who uses effective communication to achieve extraordinary success.

Actionable Tips: To improve communication skills, practice listening carefully and make sure you understand others before responding. Use clear and simple language to convey your message. Develop your emotional intelligence by being aware of your own and others' emotions. Adjust your communication style to suit your audience, whether you're talking to your team, investors, or customers. regularly seek feedback on your communication and make adjustments as needed. By focussing on these strategies, you can embody the qualities of a businessperson who excels in effective communication.

3. Emotional intelligence

Definition: Emotional intelligence (EQ) is the ability to identify, understand, and manage your own and others' emotions. It includes five key components: self-awareness, self-regulation, motivation, empathy, and social skills.

importance: EQ is important for creating positive team dynamics and resolving conflicts effectively. A high level of emotional intelligence enables entrepreneurs to build strong relationships, foster a collaborative work environment, and navigate the complexities of leadership with empathy and understanding. This quality is one of the most important characteristics of a successful entrepreneur, as it enhances decision-making and stress management.

Thursday, August 29, 2024

grow your economy through your income

 The First Pillar Is Income.

Generating income is the first and most important pillar in personal finance management. Without this pillar,pillar, the others cannot be strong.

On generating income, there are three main methods that one can use:

1. employment, where you sell your time, skills, and experience to other people and get paid a salary.

2. Self-employment, where a person does things alone.

3. Doing business, where a person uses the resources of others to generate a large income.

On the income pillar, the main foundation is value. You are paid according to the value you provide to others. If you can provide more value, you get paid more.

The second pillar is savings.

Savings is a part of your income that you set aside for specific reasons. There are two types of savings that everyone should keep.

1. Emergency savings: this is for things that are not expected to happen, so that they do not disturb you.

2. Savings for goals: this is for implementing goals that a person has in life, such as construction, purchases of personal property, and certain basic activities.

The main basis of savings is HABIT. Saving does not depend on the income a person has, but on the behaviour he has. If you have the habit of saving, you will save even if your income is small. So you should develop a habit of saving regardless of your income.


The Third Pillar is Consumption.

Spending is where our money goes to complete our lives. This is where most of the income goes. There are three types of use that one should know in order to properly manage their money:

1. consumption, which are needs; these must be completed so that life can go on.

2. Uses that are wishes (wants); these are not necessary, but they make life easier.

3. Uses that are luxuries; these are for entertainment and feeling good.

The main basis for spending is to control it so that it does not exceed income. And more, savings should start before spending. For many, when they receive income, they spend it first, and if it remains, they save it, but we know that the income has never been enough to spend.

The correct rules on income, savings, and spending are: income + savings = consumption. That is, when you bring in income, you should set aside savings first before spending.

The fourth pillar is debts.

Debts have been caused by a person using money that he does not have, so he has to pay it with additional expenses. There are two types of debts:

1. Bad debt, where you pay at a high cost when it does not increase your income.

2. Good debts, where you pay at a cost, but they have brought you more profit than what you pay.

The main principle in debt is to get out of bad debt and stay in good debt. There are the right strategies to help you with that.

The Fifth Pillar is Versions.

Although you are struggling with personal finances, the benefit of your money is not only for you but for other people. You are responsible for giving your money to benefit other people. There are three ways to have your funds available:

1. Sacrifice: these are religious offerings; according to a person's faith, there are various offerings to give, for example, the tithe.

2aid to the needy, here a person makes a contribution to those in need.

3. Taxes: here you contribute to the development of the country through the payment of various taxes.

The main principle of giving is to send part of your money to make the lives of others better.

The Sixth Pillar Is Investment.

Investment is making money work for you and bring you profit without you being directly involved. This is an important pillar for a person towards independence, where he can generate income without having to exist directly. There are many types of investment, but three types are basic for a person to do:

1. investment in the capital markets. Here it involves mutual funds, bonds, and the stock market. It's a simple investment that everyone can and should make.

2. Investment in precious stones. These are things whose value increases over time, such as minerals, special coins, paintings, etc. It is a place to keep money so that it does not lose value.

3. Investment in land and property. Here the land and assets resulting from land development add value and can generate income.

The main basis of investment is to start early and do little by little steadily without stopping.

The Seventh Pillar is Protection.

You can fight hard to build yourself up financially, and then an event happens that destroys everything you built. It is important to have protection that will protect you financially so that when something happens, it does not bring you down. For financial protection, insurance is required. There are three types of insurance that a person should have to protect themselves from various disasters:

1. health insurance, which will protect you from large health costs that can shake you up.

2. Property insurance, which will protect you from the loss of your property when various disasters occur.

3. life insurance, which will protect your income and support your dependents in the event of your incapacity or death.

The main basis of protection is to ensure that if any disaster occurs, it does not fall completely.

 

Sunday, August 25, 2024

Steps to be a rich in life for beginner


 My dear friend,

Many people want to get rich in their lives. But those who get wealth in particular have been very few.

Those who want wealth but lack it, it's not that they don't know how to get it. Most people know exactly what they have to do to get rich. but when it comes time to do what they should do, they don't.

Author Ramit Seth, in his book called I WILL TEACH YOU TO BE RICH, has shown why many people do not get rich despite wanting it so much.

Through that book, Ramit shows us how, when it comes to money, the problem is not money, but the people themselves. Our financial situation has been greatly influenced by the psychology, emotions and habits that we have.

So if we want to build wealth for sure, our first task is to build the right psychology, feelings, and behaviour about money.

In this lesson and a series of other lessons available HERE, we are going to learn how to build wealth with six absolutely sure steps.

EVERYONE KNOWS, BUT NO ONE DOES.

Money and health are things that affect all people equally. But they are also very similar things because everyone has their own opinion of what is right and what is wrong.

but also to get good results in money and health, there are known basics, but surprisingly many have been ignoring it.

In terms of health, in order to lose weight, one must eat correctly and exercise. Anyone doing those two with high discipline will get good results. But now, come to reality and see what things people struggle with to lose weight. There are those who struggle with taking weight loss drugs; there are those who do surgery; and many others.

Likewise, when it comes to money, in order to build wealth, a person should have a consumption that is below his income, save, and invest in every income he earns. But now, come to reality and see what people are struggling with about building wealth, shortcuts, trading the stock market, digital currencies, and many more.

When it comes to money, people are very knowledgeable; they struggle with many things, but they don't get good results. That's because they ignore the important basics of building wealth.


Main message of the book: I WILL TEACH YOU TO BE RICH.

Author Ramit Seth tells us the main message of his book is as follows:

1. 85 percent solution: It's better to start than to master; start even if you don't have 100 percent information.

2. It's okay to make mistakes, especially when you're starting out.

3. Spend more on things you like and spend less on things you don't like.

Investment is not a show, but an investment.

5. Don't live on a calculator; choose the best system for you and then move on with your life.

6. Play the game of wealth to attack (take action) and not to defend (fear).

7. You use money to create a rich life.

10 LAWS OF A RICH LIFE.
The goal of building wealth is to live a life that one enjoys. And the rich life has the following rules:

1. Spend on things you like; skimp on things you don't like.

2. Focus on a few big and important things; let go of many useless things.

3. Make a long-term and profitable investment.

4. There is a limit to reducing spending, but there is no limit to increasing income.

5. Relatives, relatives, and friends will advise you a lot on finances, but you go with your plan.

6. Choose spending that you will do without thinking.

He struggles with the basics first; that's what builds everything.

8. You are responsible for your life; there is no one to save you.

9. Be willing to be different from others.

10. Live life outside the calculator; build and improve the relationships that are important to you.

Six Steps to Build Wealth.

In the book I WILL TEACH YOU TO BE RICH, the author teaches us six steps to follow to build wealth for sure in our lives. The steps are as follows:

The first step is getting out of debt and credit management.

The second step is to have proper bank accounts.

Step three: opening investment accounts.

Step four: Control usage.

Step five: simplifying the circulation of money.

The sixth step is to learn the right investment.

If those six steps are worked reliably, a person can build great wealth in his life.

People have been obsessed with the secrets of wealth, but the truth is that there are no secrets. The correct principle is known: Take small steps, be disciplined, and be patient. If you can do that, you have mastered wealth.

 

Friday, August 23, 2024

The best ways to increase income without capital
A SURE WAY TO INCOME WITHOUT EVEN HAVING CAPITAL. 

 Friend, there is one surefire way for you to be able to generate a large income without having any capital at all.

 That way, you don't even need to bother with a lot of things that you have to bother with in business. For example, you will not be required to have a license to do business or to have a tax payer number or business location. All you have to do is put in some effort, and you will immediately start earning.


 Friend, the method I am talking about here is

 MAKING SALES. Making sales is a sure way for everyone to be able to generate a large income without having any capital. This method works for the following system: 1. You look at the things that you buy and use regularly and decide which one you like the most, and you have been recommending to others to buy it. 

Find those who are selling that item and give them a plan that you send to customers who buy for sure, and when they buy, they give you a commission from that sale. There you will suggest a good way to know the people you brought and they bought.

 3. Enter the sales job and start talking to many people, telling them how you have benefited from that thing and how they can benefit too. The more you talk to and use your testimony while showing them how they can benefit, the more you will find who will be ready to buy. Complete the sale and then get paid your commission from that sale. And then you will be able to generate income without capital at all.

 5. You don't need to do this all day long; you can set aside just two hours a day to do it. and you can use different methods, like meeting people in person, contacting them by phone, or using social networks. Either way, if you put in the effort, you will be able to get good results. If you work on this short plan I shared with you there, you will be able to see its benefits very quickly.
habits that will bring success quickly
Finding the right people to collaborate with has become a very big challenge in the era we live in now. 

 That is because many people in this era are quick to speak and promise, but the implementation is completely different. If you give people a chance to express themselves, they will express themselves very well until you are convinced. But when it comes to doing, most are zero. 

 This situation has been causing many to despair and see that good people are no longer available. But that is not correct; good people still exist; it's just that you don't know the best ways to find them. Here you are going to learn three characteristics to look for in people you want to collaborate with. 

If someone lacks those three qualities, don't try to associate with him, because he will only bring you down. The first attribute is ARI. aRI is the inner drive of a person to do something without waiting to be told or pushed to do it. A motivated person does what is right before even being told.

 And when he is told, he does it immediately without waiting to be reminded or pushed. Look at people who already have passion in them through what they are already doing. Those people are the ones you can rely on for various things because they will do it.

 The second attribute is discipline. Discipline is a person doing what he has to do, whether he feels like doing it or not. 

Everyone can do something, but most do it when they feel like it. Rarely do people feel like doing things that are difficult. So difficult things are never done because people lack discipline. Choose people who are already disciplined so that you can be sure of them at all times. Undisciplined people tend to let you down when you depend on them the most. 

 The third characteristic is courage. Courage is a person's willingness to do something despite being afraid to do it. Every human being has fear; what distinguishes those who succeed and those who fail is courage.

 Courage gives a person the motivation to do what he fears and thus makes him able to do what others cannot do. Choose to associate with courageous people because they will give you the courage to fight for what you want to achieve. 

If you are surrounded by those who do not have courage, you will find yourself lacking courage. Since you want other people to have those three qualities to work with, make sure you yourself have those qualities. Because if you want others to have qualities that you don't have, it won't be possible. 

You end up attracting the people you go with. Start by having SPIRIT, DISCIPLINE, and courage, and you will start attracting people with similar qualities to partner with you.

Thursday, August 22, 2024

Strategies to success in life
Here I have shared with you 10 rules that if you live by following them you will be successful so that you can live by them and benefit from them. Welcome to learn.

 1. Do not be jealous; when you meet those who have taken a step ahead of you, enjoy them and learn from them so that you too can take steps like them.

 2do not hold grudges; hating someone is like drinking poison to harm him, you end up harming yourself. 3. Don't spend more than your income; increase your income, reduce spending, save and invest. 

 4.be passionate regardless of what is going on in your life; even if you are going through difficulties, keep being enthusiastic because it has the power to give you good results that will take you wherever you may be stuck. 

 5associate with trusted people; people who deliver what they promise and always do the right thing. 

 6. Do what you have to do to be someone you can trust with others; keep what you promise and always do the right thing.

 7. End each day better than you started; every day learn something new, your two days should not be the same. 

 8.know where if you go you will die and don't go there; avoid mistakes that will take you away from the journey you are on so that you stay on the journey for a longer time, because victory is staying on the journey for a longer time.

 9.instead of struggling to use the mind too much, avoid being a fool; You don't need a lot of intelligence to succeed in life, you just need to not be a fool by repeating your own mistakes or those of others. 

 10.know your area of expertise/weakness and don't make decisions outside of that area; don't pretend to be a know-it-all, choose an area you specialize in and focus on that, leave the rest alone.

 Those are the 10 rules that if we follow them we can have a long and successful life. as is our principle, KNOWLEDGE + ACTIONS = SUCCESS, here you have gained KNOWLEDGE, your responsibility is to put it into ACTIONS and get good results.

Tuesday, August 20, 2024

2024 Ways to improve profitability
In sales and life in general, the size of your success depends largely on the size of your network. It doesn't matter so much what you know or what you have, but who you know and who knows you. 

 Having a large network of people you know and who know you is an important requirement for every salesperson. 

ThatThat's because when things are right, people tend to buy from people they know. And even when things aren't right, people still buy from people they know. Networking events are one of the ways that marketers can use to reach more customers in a shorter period of time. 

So every marketer should participate in networking events with the right strategy to be able to reach more customers and generate potential customers for his business. In this lesson,lesson, we are going to learn how to implement it with great success. 

Welcome to learn. Types of networking Networking events are those that bring together people with certain characteristics. When the people who participate in those events have the qualities of being customers of a particular business, it becomes a good part of the marketer to reach more customers faster and more easily. 

 Some of the networking events that marketers can participate in are as follows

 1. Meetings and conferences. These are events that bring many people together for information or training of some kind. EventsEvents of this type tend to bring together people who have similar characteristics, depending on the type of meeting or conference. 

When the people present at the meeting or conference have the qualifications to be your customers, it is an important event for you to be present. 

 2. Special training. These are trainings that take place over a period of time and that have fewer participants than meetings and conferences. In this training, the participants have closer cooperation, something that leads them to know each other and build close relationships. 

The marketer can share such training with his target customers. 

 3. Games. Different sports always bring together people who are fans of those sports. These people have compatible characteristics that also make them target customers for certain types of businesses. marketer can share sports events with target customers. 

 4. Inaugural events. These are events for the launch of various things;; it can be a business to launch a product, service,service, or a new branch. It can also be different campaigns that are being run by different institutions. TheThe marketer can share the launch events that happen with the target customers. 

 5. Membership. Being a member of associations, institutions,institutions, or groups of some kind gives a person the opportunity to get to know other members. 

The seller can be a member of the groups that have the customers he is targeting and use that opportunity to reach many and make potential customers. As a seller, look at the various events that bring your target customers together and be part of those events to reach more customers and generate more potential customers.

 Things to do at Networking Events. In order to reach more customers and generate potential customers who will be followed up and convinced to become full customers, every salesperson participating in networking events should consider the following points: 

 1. Wearing clothing with the logo and name of the business. There is a saying that the first impression is what lasts in people's memories. So when you share networking events, make sure the way people see you for the first time remains in their memories. To achieve that, make sure you wear smart clothes with the logo and name of your business. It is easy for people to know and remember you through the clothes you are wearing. 

 2. Have business cards and flyers. When you participate in networking events, you should have things you can give to the people you meet so that they will remember you even after the events and find your contact easily. Having business cards along with flyers is an easy way to do that. Go to networking events with enough business cards and flyers to hand out to those you meet. 

 3. Have a short and compelling presentation. Prepare a short presentation, no longer than 30 seconds, that is about you, what you do, and the benefits people get from you. 30 seconds is the maximum amount of time you can get with someone at a mass networking event.

 Your short submission can be for this system; I am.... (your name) from.... (business name), and we help people with.... (characteristics of your target customers) to be able to.... (benefits that customers get from you and cannot get elsewhere). The presentation should be delivered with great enthusiasm to impress and persuade the recipient. 

 4. Talking to more people. Networking events should be used to reach more people in less time. When you share those events, make sure you talk to as many people as possible.

 That's why you need a short presentation about yourself that you can give quickly, then you get to know someone and exchange contacts. Although you should not be seen rushing from one person to another, it is your responsibility to ensure that you have spoken to as many people as possible and given them your presentation.

 Also aim to meet all the important people present at the event, the people who will be of greatest benefit to you.

 looking for a chance to speak in front of everyone. For events that have many participants and you cannot speak to everyone individually, find a place to speak in front of everyone so that you can be heard by all who participated. 

Spaces to use are when a chance is given to introduce oneself individually, ask questions, or share various things. 

When you get a chance to speak in front of everyone, start with your short presentation so that people know you and know how to benefit from you, then continue with what you want to talk about. By finding and using opportunities to speak in front of others, all event participants know about you and those who need to look for you during or after the event. When you share any event with your target customers, make sure you leave a mark that lets participants know you and how they can benefit from you. Things to do after networking events. Sharing events to build a network and reach more customers is one step. 

Another very important step is the follow-up that takes place after participating in those events. That follow-up is what determines whether event participation has been beneficial or not. 

 In order to participate in networking events and be productive, the following things should be done after participating in those events:. 1. Follow-up within 24 hours. Within 24 hours of meeting someone at a networking event, make sure you follow up with them. In that communication, mention the person by his name, introduce yourself, and tell him that you met at the event you met, and then remind him of something that connects you together from the event you participated in.

 On this first follow-up, don't try to sell anything; this is to make sure you continue to be remembered because people have met many, so it becomes easy to forget. 

 2. To get more information about those who have been reached. the people you have met at networking events you have little information about. So you should find more information about them to see the best way to continue cooperating with them and selling to them. 

You will start by looking for their information online, following them on social networks, and other ways to get to know them better. As you get more information, you will find yourself sifting through people and seeing where they will be the best fit for you and where they won't be the best fit for you to begin with.

 3. Request an appointment to contact or meet. Once you have gained more information about the people you met through networking events, the next step is to request a contact appointment or meet with them.

 This is where you start your sales process by presenting what you have and how it can benefit them. This is a very important step in tracking the people you have met at various events. 

 4. Bringing them into the sales process. After you meet people and follow up with them, you bring them into the sales process based on what you sell and the needs they have. You will present to them what you have, its value, and the benefits they are going to get. 

You will answer the various objections they have and convince them to agree to buy what you are selling. By following your process step by step, you will be able to convert many of them into full customers. 

 5. Have continuous monitoring. All the people you have known through networking events should continue to follow them without stopping. 

Even if they don't become your customers, you should build, grow, and protect your network.

 They may not be customers, but they know people who are customers. Your responsibility is to have a large network of people who know you so that you can sell to more people. 

Keep following up with them, meet them, and continue to participate in networking events where you will continue to meet them.

 Networking events are a great place that every marketer can use to reach more customers and generate potential customers.

 Choose events that have people with the characteristics of the customers you are targeting; when you participate, make sure you know people and they know you; and after participating, have a follow-up that will strengthen the network you have built and make more customers.

Friday, August 16, 2024

HOW TO USE INVESTMENTS TO KEEP WEALTH
ONE: WE USE INVESTMENTS TO REACH FINANCIAL FREEDOM.

 Financial freedom is when we can bring in enough money to live without working directly. It is easier to achieve that through investment than business. 

because the business will still need your decisions, even if you have employees, except for investment; it doesn't need anything from you; it's just you receiving the profit, even if it's small. 

 TWO: WE USE INVESTMENTS TO KEEP WEALTH
 Businesses and other activities we do are for generating income. Building wealth is done through investment. So part of what we get from the business and activities we do, we invest to build wealth.

 THREE: We reduce the risk that exists in business. Along with the great profit that one can enter through trading, they still also have a great risk of loss. Anything can happen, and the business will incur huge losses and even die completely. If the only thing you have is a business, if you fall, it will be difficult for you to get up. But with an investment, even if you fail commercially, you have a place to start. 

 FOUR: THE MONEY WE INVEST WE WOULD HAVE USED. 

 The investment we make is not that we give capital to the business and go to invest. Instead, we invest part of what we pay ourselves from the business. So even if we don't invest, we will just use that amount. 

We have decided to push ourselves to build financial freedom; it has no interaction with business. 

 FIVE; WE USE OTHER MATERIALS TO EARN TRADE FUNDING. 

 When we want to get capital to further develop our businesses, there are many other resources we can use, again, that give us a large amount of capital and discipline in managing it. Taking loans from financial institutions and getting investors are ways we can use to get capital without affecting our investment. 

 SIX; WE WANT TO BE EFFICIENT. 

 There are times when business may not go well and money becomes hard to come by. In such times, an investment that yields you a profit becomes a good one. But also when it is an emergency and you need money quickly, investment helps you. We do not want to be humiliated for lack of cash when we have great needs. 

 SEVEN; WE WANT THE RICHES TO TELL ANYONE TO GET AWAY. 

 When we say we build wealth and financial freedom, we mean to be truly free, so much so that we cannot be bothered by anyone. When you are relying on business as a way to generate income, even if you get a lot of profit, there are times when you will meet people who bother you, but you have no choice but to go along with them. It may be great customers, but they are giving you a hard time—investors who want big or employees who are an obstacle. In investing, you don't need to bother with anyone. If anyone bothers you, you can tell them to go away and die, because you know your money is coming in without being affected by anything. 

 EIGHT; WE KNOW WEALTH IS WHAT IS NOT SEEN. 

 Most of the activities we do are seen by others, not ours alone. Other people are also involved in them, whether we want to or not. A person can work for many years; if he retires and gets benefits, the people close to him will also want to benefit from those benefits. If a person builds a house as part of an investment, the day he wants to sell it and turn his investment into money, he will need to involve family members. All that is trouble for you, who for many years did it to come to benefit.

 By investing in invisible things like shares, we are not tied to pieces; no one sees and is not there to disturb you in the use of that investment. 

 NINE; WE KNOW THE PROFIT OF INVESTMENT DOES NOT COME FROM AMOUNT BUT TIME.

 In business, the profit becomes high, but it involves putting in a lot of work. On investment, the profit is small, but as time goes by, the profit grows more. 

In other words, the greatest return on investment does not come from the amount invested but from the length of time. You can see that one million giving you one lakh per month is small, but if you collect that 1 lakh every month for 10 years, it is a very large amount of money. 

 TEN; THE INVESTMENT WE MAKE DOESN'T DISTURB YOU IN ANY WAY. 

 The investment we make, especially in the POWER OF BOOKS program, is an investment that does not require us to do anything. That is, we invest and forget while continuing with our other activities. Now do you really want the money you invest without doing anything to bring a lot of profit and the one that will bother you? We are still going to interfere with those jobs and businesses, but we are also building something that will bring us money without having to worry, which is an investment. Wealthy investors—those are the 10 reasons that make us walk chests forward, making investments with stability and long-term without stopping. 

Let's understand them deeply and use them for ourselves and for others who want to convince us to give up investment.

Wednesday, August 14, 2024

management techniques to get success  in your business
An entrepreneur must have the ability to lead and make decisions. 

Some people claim that leadership is a skill that a person is born with or is given by God. It is true that a person can be born with the talent to lead, but a person can learn and become a good leader. In entrepreneurship, leadership is very important; an entrepreneur must be able to lead his business or project well.

 An entrepreneur must be able to manage employees and use management techniques to get results from what he is doing. 

 1. love to work (hard work and knowledge) The big thing here is that the entrepreneur must be passionate about what he is doing; this will lead him to work with his heart. 

If you love the work you are doing, then the work will not be difficult, but you will be doing something that is actually a hobby, and at the end of the day you will work hard and with knowledge.

 Successful people are hardworking. So it is important to have the habit of working hard.

 2.Honesty and truthfulness This is also a characteristic that an entrepreneur should have; many people like a person who is strong and honest. 

As an entrepreneur, you must do your work in an environment of honesty and truth. In order to get many customers, you must be honest in your prices. Lying in business is a poison that will kill your business. 

 3. Intent Anyone can call themselves an entrepreneur, but in reality, success requires sufficient understanding and working hard while you have a goal or a goal in mind.

 A goal or mission is a sufficient motivation that will give inspiration until achieving success. A true commitment is made before you enter into a business or project. 

 4. Being with the times An entrepreneur must go with the time to be able to identify the various changes emerging in markets and production of products in general. 

Moving with the times will not give the entrepreneur a chance to be left behind in the commercial competition in the free market; moving with the times also gives an opportunity to the entrepreneur to know new ways of production. Ways that can help you keep up with the times include reading newspapers, doing research, and browsing various networks. 

 The behaviours listed above are general behaviours that an entrepreneur should have, but if you don't have some of these behaviours, don't worry because entrepreneurship is a lesson and not a talent.

Sunday, August 11, 2024

Make money using relationships
By nature, we humans are creatures of relationships according to genetics, that is, DNA. We relate to our close people,people, such as parents, partners, friends, relatives, siblings,siblings, and so on. and our nature as humans is to like to feel good when we are in a group or relationships.

 And even when we need something, we always start asking our people closely first. We tend to trust our close people, those with whom we are related. When our close people suggest something to us, we always get rid of our fear and take action immediately without hesitation. I'm not sure if it will work for you,you, but most of the things you've bought, you've bought from people you know or those you're related to in one way or another.

 There is a tremendous power of relationships throughout the sales process. 

 There is a certain feeling of fear in us when we buy something from someone we don't know. Here we get a picture that people buy from people they know;; it doesn't matter what you know in your life but who you know. the people you have built a network with, those you know or know you will be the first in the sales process. Get a picture in a romantic relationship, whether you are married or not.not. YouYou did not enter into that relationship in one day, but there was a long process until you entered into married life. Even in the sales process, we cannot sell to someone if we have not built a relationship with them.

 People don't like to buy from strangers, but also people can't buy from someone they've only met once on the first day. For example, if a woman meets a man and the man seduces her to be in a relationship with him, in normal circumstances the woman cannot accept it right then and there. 

And even if a woman accepts it right then and there, the man will be shocked and wonder why so many;; how come this woman has accepted me so easily? What did he have that led him to accept me easily? Before selling to a customer, make sure you first build a relationship with him. 

Once you have a good relationship with the customer, it is easy for the customer to buy from you. All things being equal, people tend to buy from people they know. Who do you know? People buy from people they know and have relationships with. Once you have any kind of relationship with someone, it is easy for someone to buy from you. Many sellers have had a tendency to rape.

 That is, they are forced to make sales to someone with whom they have not yet built a good relationship that will convince the customer to buy something from them easily. BeforeBefore you rush to sell to your customers, first build a relationship with them,them, and they will be ready to buy from you when they have a need. 

 In every relationship you are in, make sure people know what you are doing. so that people can easily agree with you on any matter that they have first in relationships. When you have a relationship with a customer, the customer sees you as his friend and a close person and will feel comfortable buying from you because you all know each other without a doubt. People with their things tend to go to people they know. Even when we ourselves want to do something, we go to people we know. 

For example, we can't go to a barber we don't know, we can't go to a hairdresser we don't know, and when we want some service, we are ready to even travel and pay the cost to get service for those people we love and care about. Most people buy from people they like. A person is willing to pay the cost of going to look for a service far away, even if the same service is available near him. 

What do you think drives that person to look for services far away when there is one nearby? For example, your children are studying at a school that you have liked and sent them there. And it is not that there is no school where you live; the environment where you live has many schools, but why have you left there and sent him to a distant school? Sales are relationships. 

 Because people buy from people they like. If people don't like you, they don't have a relationship with you, and they won't even bother to buy from you. Before you think about sales, you have not thought about selling what you want to sell; think first about building relationships with those to whom you will sell what you sell or produce.

 in relationships is the place where you create your true fans who, when they are in need, only come to you and do not think of anyone else but you. and those with whom he is related, those who are their close people, when they are in need of what you sell, they will tell their close people, and they will come to buy from you.

 Once the customer has a good relationship with you, he will say good things about you to other people. and when the customer has a bad relationship with you, he will say bad things about you. 

According to Joe Girard's rule of 250, it says that everyone has 250 people they know directly. So, what you do for one person, be it good or bad, will reach at least 250 people. And if you do something good for your client, the sun has the power to spread it to at least 250 other people. And if you do something bad to your customer, the sun will say bad things about you to 250 other people.

 To anyone you are related to or to any client you are with, don't look at him as one person; see that there are more than 250 people behind him. Therefore, sales are relationships; make sure you protect your relationships with clients so that you can continue to benefit from your client. One more thing: treat your client relationships like a pension fund. The relationship you have with the customer is what convinces people to come and buy from you.

 Before you continue with other lessons on this matter of SALES IS RELATIONSHIPS, leave these things in this introduction. one; friends buy from their friends. 

 Two: people buy from people they like. Third, the truth is, people don't buy from people they don't like. Four: people start buying you first and not what you sell. Finally, sales are relationships. 

It doesn't matter what you know but who you know. If you have a sales challenge, the first thing to ask yourself is, Who are you related to? Do you have good relationships with your customers? The Swahili say, Talk to people and wear shoes; this means having good relations with people, and they will be ready to give you a good deal.

Wednesday, August 7, 2024

List of sales techniques and strategies
Get a picture of your favourite football team entering the field to play with another team. 

It is the final game where the winner walks away with a huge prize. You really want your team to win the game. You set aside time and go to the field to watch the game.

 You are really prepared to cheer for your team's victory. But when you enter the stadium, you are stunned because the stadium has no goals. Yes, the playing field is there, but the goals are not. If such a situation occurs, you will be very worried, because you will be wondering how victory will be measured if there are no goals. 

The great enthusiasm of celebrating victory ends because there is no way to measure victory. Those teams can go on the court and dribble a lot, but when it comes to measuring victory, there is no proper way to do it.

 That's what many salespeople do in their main sales job, and that's why they haven't been getting the big wins they hoped for. Many people go into business or sales because they want to make a good income. But when they do, they find themselves in a difficult situation because their expectations are not met. 

 Failure in business and sales starts at the same place: the lack of a way to measure whether or not victory is achieved. 

And measure not only on the final result but on every step that contributes to that final result. Most people in business and sales measure sales, which is the last number. When that number is not good, they feel bad, and when it is good, they are happy. They don't have other numbers that they measure and track on the way to that final number. 

and that is the obstacle for them to make big sales. It is not a game of chance. Not having numbers to measure towards the number of sales has made many conduct business and sales as gambling. 

All they do is hope that sales will go well. What do they do to ensure that sales are going well? They don't have that kind of strategy. Sales is not a game of chance; sales is something that can be planned and monitored carefully, and certain results can be obtained. That means that in sales you can decide how much you want to sell, then plan how to achieve that amount of sales you planned. All you need to do is know the right numbers to measure and monitor in sales to reach the goal you set for yourself.

 Sales is a sure game like other games in life because you have sure numbers to measure. When sales are low, you remain hopeful; instead, you look at your numbers to find out which area is not working well. Because sales is the last number, there are other numbers that are causing it. By knowing those numbers and working on them, you will be able to improve that final number. What is not measured is not measured. In every area of life, anything that cannot be measured cannot grow. 

You can look at the example of small children who are born; every month they are taken to the clinic for their development to be tested. In the clinic, they are measured weight and height numbers that are placed on their special form that shows their progress. 

The child's clinical form has numbers that indicate the child's progress. Red numbers are bad progress, grey is moderate progress, and green is good progress. By looking at the numbers and where they fall on the form, one can see the child's progress. This is also how business and sales should be measured. 

There should be numbers that are constantly tracked and a chart to fill in those numbers so that when someone looks at them, they can quickly see the progress. If there is any problem in business or sales, it will be seen quickly by looking at the numbers that are measured. 

 If there are no measurable numbers in sales, they cannot be promoted. Because it remains a matter of hope and there are no certain things to work on. 

If we return to the example of children and the clinic above, if the child is measured and it appears that his weight is less than it should be, the parent is advised on the best way to feed the child so that he can have a healthy weight. When that advice is acted upon, the weight increases for sure. The same can be the case in sales; when sales are not good, if the numbers are measured, it will be obvious which numbers are not working well. When those numbers are worked well, sales increase for sure.

 It is very important to measure sales by numbers in order to be able to take the right steps to enable sales to grow. 

 10 WAYS TO PROMOTE SALES There are many numbers that can be measured in sales in order to increase them further. But in our Sales College program, there are 10 numbers that are tracked for sure.

 Get a picture of your favourite football team entering the field to play with another team. It is the final game where the winner walks away with a huge prize. You really want your team to win the game. 

 You set aside time and go to the field to watch the game. You are really prepared to cheer for your team's victory. 

But when you enter the stadium, you are stunned because the stadium has no goals. Yes, the playing field is there, but the goals are not. If such a situation occurs, you will be very worried, because you will be wondering how victory will be measured if there are no goals. The great enthusiasm of celebrating victory ends because there is no way to measure victory. Those teams can go on the court and dribble a lot, but when it comes to measuring victory, there is no proper way to do it. That's what many salespeople do in their main sales job, and that's why they haven't been getting the big wins they hoped for. 

Many people go into business or sales because they want to make a good income. But when they do, they find themselves in a difficult situation because their expectations are not met. 

 Failure in business and sales starts at the same place: the lack of a way to measure whether or not victory is achieved. And measure not only on the final result but on every step that contributes to that final result. Most people in business and sales measure sales, which is the last number. When that number is not good, they feel bad, and when it is good, they are happy. They don't have other numbers that they measure and track on the way to that final number. 

and that is the obstacle for them to make big sales. It is not a game of chance. Not having numbers to measure towards the number of sales has made many conduct business and sales as gambling. 

All they do is hope that sales will go well. What do they do to ensure that sales are going well? They don't have that kind of strategy. Sales is not a game of chance; sales is something that can be planned and monitored carefully, and certain results can be obtained. That means that in sales you can decide how much you want to sell, then plan how to achieve that amount of sales you planned. 

All you need to do is know the right numbers to measure and monitor in sales to reach the goal you set for yourself. Sales is a sure game like other games in life because you have sure numbers to measure.

 When sales are low, you remain hopeful; instead, you look at your numbers to find out which area is not working well. Because sales is the last number, there are other numbers that are causing it. 

By knowing those numbers and working on them, you will be able to improve that final number. What is not measured is not measured. In every area of life, anything that cannot be measured cannot grow. You can look at the example of small children who are born; every month they are taken to the clinic for their development to be tested. 

In the clinic, they are measured weight and height numbers that are placed on their special form that shows their progress. The child's clinical form has numbers that indicate the child's progress. 

Red numbers are bad progress, grey is moderate progress, and green is good progress. By looking at the numbers and where they fall on the form, one can see the child's progress. This is also how business and sales should be measured.

 There should be numbers that are constantly tracked and a chart to fill in those numbers so that when someone looks at them, they can quickly see the progress. If there is any problem in business or sales, it will be seen quickly by looking at the numbers that are measured. If there are no measurable numbers in sales, they cannot be promoted. Because it remains a matter of hope and there are no certain things to work on.

 If we return to the example of children and the clinic above, if the child is measured and it appears that his weight is less than it should be, the parent is advised on the best way to feed the child so that he can have a healthy weight. When that advice is acted upon, the weight increases for sure. The same can be the case in sales; when sales are not good, if the numbers are measured, it will be obvious which numbers are not working well.

 When those numbers are worked well, sales increase for sure. It is very important to measure sales by numbers in order to be able to take the right steps to enable sales to grow. 

 10 WAYS TO PROMOTE SALES There are many numbers that can be measured in sales in order to increase them further. But in our Sales College program, there are 10 numbers that are tracked for sure.

 Those 10 numbers have great power to promote sales when they are worked on reliably. 10 numbers to track and measure on sales to increase them are as follows: 

 1. CALL MADE. Telephone is the main way to communicate with customers. Calling customers is an important way to make more sales. 

 2. CUSTOMERS VISIT. Meeting customers face-to-face has more persuasive power than just communicating with them. Visiting and meeting customers is an important number measured in sales. 

 3. NEW PROSPECTIVE CUSTOMERS CREATED. Generating new customers is always an important requirement in growing sales. Every salesperson should be generating new potential customers, so that number is important to measure.

 4. PROSPECTIVE CUSTOMERS CONVERTED INTO COMPLETE CUSTOMERS. Customers are complete when they agree to buy. So the biggest job of a salesperson is to convert customers from prospective to complete. Converted customers are an important number to track in promoting sales. 

 5. NUMBER OF PROSPECTIVE CUSTOMERS MONITORED. Not all potential customers will be immediately converted to perfect; some will take time to be followed up. So the salesperson should have continuous monitoring of all the potential customers he has. This is an important number to track in order to convert more potential customers.

 6.NUMBER OF COMPLETE CUSTOMERS FOLLOWED. Since customers have already bought, it does not mean that they will continue to buy because they are being hunted by other sellers, so it is easy to get lost. To prevent that, continuous monitoring should be done for all complete customers. This is an important number to track in order to keep customers in business for a long time.

 7. NUMBER OF CUSTOMERS WHO PURCHASED IT. This is the number of customers who have made purchases. It is an important number to measure to see if customers are increasing or decreasing. It will also give you the average purchases per customer, something that is important to know. 

 8. COMPLETE SALES MADE. This is the amount of sales for money that have taken place. This is the main number in sales, which many tend to look at. This number becomes good when other numbers are worked well.

 9. ADDITIONAL SALES MADE. When customers make purchases, they tend to have their own plan for the purchases they make. Through these purchases, there is always an opportunity to sell them additional items. 

This number measures the seller's ability to persuade customers to make additional purchases, something that further increases sales. 

 10. REFERRAL CUSTOMERS AVAILABLE. Referral customers are customers that are acquired through complete existing customers of the business. Those are easy customers to convert because they have already been told by their close people. It is an important number to measure in order to get many referral customers who will be easily converted into full customers.

 In the 10 chapters of this book, you are going to learn the 10 numbers in detail and know the importance of the respective numbers, how to measure the number, and how to make the number bigger in order to increase sales. Learn in detail those 10 numbers and work on them so that you can become a better seller and make more sales.

Monday, August 5, 2024

To get out of debt for sure, follow these five steps
Our discussion will focus on personal debts. When you borrow money for eating, parties, paying fees, taxes, and other life expenses that are not directly productive.

 If you are careful with your finances and want to achieve wealth and financial freedom, you should not be in debt at all. If you are in debt, you should get out of there as soon as possible. 

That is, before you do anything else, you should get out of debt first. Because no matter how much you invest, you cannot benefit because the interest on the debt is always greater than the return on the investment. 

Take, for example, you have invested 1 million, and per year you get 10 percent interest, so per year you get 1 lakh. But at the same time you have a debt of one million and you pay 18 percent interest, then per year you pay 1 lakh and 80 thousand.

 If you look, you become You have lost $80,000 in paying interest. So it is better if you use $1 million to pay the debt so that you stop wasting money on paying interest on debts.

 To get out of debt for sure, follow these five steps: One: Know All The Debts You Have. Add up all the debts you have so you can know how much you owe. Remember, you want to get rid of all debts completely, so add them all up without leaving a single one. Two: Set up a payment plan. 

 Plan how you will pay all the debts you have. There are two ways to pay: one is to pay the debts with high interest first, and the other is to pay the small debts first. 

Choose the method that works for you, but it is better to pay the higher interest rate first to reduce the cost. 

 Third, apply for an interest discount. Talk to those who owe you and ask them to give you a discount on interest by promising to pay on time. Since most want to get paid, they will be willing to give you a discount. 

And if they refuse to give you an interest discount, then reduce the time to pay; when you pay the debt in a short time, the amount of interest you pay is also reduced. Four: Find Out Where Your Pay cheques Come From. 

 Once you have made a plan to pay off debts, you should know where the money to pay those debts comes from. 

There are two ways here; one is to greatly reduce costs and a large part of the income to pay off debts. and two is to increase income, and the increase goes towards paying off debts. Work both ways to get out of debt faster. 

 Five: Don't Go Back into Debt.

 There are people who tend to transfer debts; they borrow from one part to pay another part, so they remain in debt more and more. But there are also those who pay their debts, but because of bad financial habits, they find themselves back in debt. Once you get out of debt, stop yourself from going back.

 So make sure that spending is less than your income and that you have emergency savings so that when anything happens you don't find yourself going back to
how to increase customer satisfaction in business
Being a better salesperson starts with being a better person. And being a better person is the result of self-development. 

You are not born a better person, but you build yourself to be a better person through working in the area of personal development. In order to achieve results you've never had before, you have to be someone you've never been and do things you've never done before. Being different and doing different things is something that comes with the risk of failure. When there is a risk of failure, fear builds up, and a person is not willing to do it. 

That has been the reason why people remain in their habits and fail to take big steps. Fear is something that does not exist; it is something that a person creates for himself. For example, when a person fails to do something because of fear of failure, he is still not a failure. 

And even if he does and fails, the results are not as bad as he thinks. In order to achieve different results in every area of our lives, we have to overcome the fear of failure that prevents us from taking different actions. And that's when courage is very much needed as an important characteristic of personal development and success in general.

 In order to be a better person, you must first be brave. Fortunately, confidence is something you can build yourself. It is not something you are born with, or if you were not born with it, then you cannot get it. Steps to Build Courage.

 Building confidence is something everyone can do. That is possible by following these steps: The first step is to know yourself by knowing your strengths and weaknesses. Once you know the areas where you are strong, you do things that are more in those areas. And for areas where you have weaknesses, you look for others who can work on them well. In this way, you get good results and avoid hindering yourself with the weaknesses you have.

 The second step is to do the things you are afraid to do. They always say the cure for fear is to do the things you are afraid to do. It is through doing what you fear that fear loses its power to stop you.

 As we have seen, fear is something that does not exist; it is a fictional story that scares you. If you don't take action, the story becomes more and more powerful and scares you. But when you take action, the results are different from the fear you have. 

You may not fail as you hoped, but even if you do, things are not as bad as you thought. Doing what you are afraid to do is the most important step to building confidence and overcoming fear. The third step is to use your own history to give yourself the motivation to continue doing the big and different things you planned. 

Each of us has taken steps in the past that gave him different results. We should use that history to get inspiration to continue doing. Use every victory you've had in the past, no matter how small, to get inspired to do bigger things. 

Encourage yourself that if you have been able to do what you have done so far, you can do something bigger. By realising yourself and being a doer while using your past results, you will be able to be brave and do great things.

 Let's follow those three steps to build confidence so that we can be better people and make big sales. 

 HOW COURAGE ENABLES YOU TO SELL MORE. The most important step needed to make a big sale is to face people. You have to face people you don't know and don't know, so the chances of rejection are high. But you also need to get people to agree to give you their hard-earned money. 

 Reaching out to new people and asking people to give you money are actions that have a high risk of rejection. Those are the two biggest areas of fear in sales that prevent many salespeople from making big sales. The fear of rejection is great when facing people we don't know and when separating people from their money, i.e., asking them to pay for what we sell. That's why many sellers like to follow up on those customers who already respond well and are ready to pay themselves without waiting to be told to be paid.

 You can't become a great salesperson and make big sales by following up with only those customers who already accept you; they are very few. 

and waiting for people to be willing to pay you themselves prevents you from making big sales because people tend to be too slow to make decisions about spending their money. To be a good salesperson and make big sales, you must have the courage to face all kinds of people. 

Be able to overcome the fear of rejection by people you don't know and don't know by being ready to reach out to them and tell them what you sell. You will overcome that fear by reaching more people, knowing that even if they reject you, they have not rejected you as a person, but they have rejected what you tell them. You know, by talking to many more, there are those who will refuse, but there are also those who will agree; what you are looking at are those who agree. Separating people from their money by asking them to pay for what you are selling is the last and most important step in closing the sale. 

That action has the risk of someone rejecting it, so someone is afraid to do so. 

By being brave and doing it, it puts you in a position to sell more. 

When you get to the point of closing the sale and tell customers to pay to get what you're persuading them to do, you increase the chance of closing the sale more than letting customers decide for themselves whether to pay or not. By telling every customer to pay to get what you are selling, there are those who will seem not ready, but there are also many who will agree and pay. 

Too often, customers rely on salespeople to tell them what to do. 

Having the confidence to tell customers to pay puts you in a position to sell more. The best salesman ever, courage is not having no fear at all but doing it despite being afraid. Courage is choosing to take action on what you are afraid to do, knowing the flip side of fear is big and good results. By recognising yourself in your strengths and weaknesses and using your own history for the results you have achieved so far, you get the inspiration to take action despite the fears you have. 

Once you are able to take action on any matter, all the fears you had about that matter disappear completely. Do what you are afraid to do; you will overcome fear and become more courageous.

Saturday, August 3, 2024

EARN MONEY FOR INVESTMENT
We discuss all types of investments without leaving anything out. It starts from the investment of mutual funds (parts), shares, bonds, assets, etc. The discussions have been about learning and sharing from making investments in practice. 

 Those discussions have been raising interest for many to want to learn more in depth and make investments.

 And the investment that people have been very interested in learning and doing is in the stock market, and we are not bound. 

 When we ask to know if those people have started making any investments, the answer is that they haven't started yet. 

 So I have prepared this investment guide for all people, especially targeting those who are foreigners, so that they can know the right place to start on the investment journey. 

 Welcome to learn and share this guide with others so that they can make the right decisions. What is investment? Investing is making money work for you. That is, you can use your money to generate more money without you having to work directly. 

 WHY INVEST? It is important to invest because, as you age, your energy to work decreases while the needs increase.

 So you must be able to generate income to run your life without working directly. What are investment objectives? Investment goals are to achieve financial freedom. And financial freedom is when you can run your life without working directly. That is, to be able to generate enough income to run your life even if you are not working. And you will achieve that through investment. How many types of investments are there? Investments are divided into various groups, here we will look at the main types that we have been discussing frequently; 

 1. Investment through mutual funds. Here the fund collects capital for investors, goes to invest, and then returns profits to investors. investment in the stock market. Here you contribute capital to the company, and when it makes a profit, you get dividends. 

Also, the growth in the value of the company and shares gives you a profit. 3. Investment in bonds. Here you lend the government or institution money, and it pays you interest for the entire period of the agreement. In the end, you get back the amount you invested.

 HOW MUCH SHOULD YOU INVEST? The amount to invest is determined by your goals. But there are two main principles we follow; One is SLOW; here you invest at least 10 percent of your income. 

This method will take you 20 to 30 years to reach financial freedom, depending on your income and living expenses. Two are MWANDOKASI; here you invest at least 50 percent of your income. 

This method takes you 10 to 15 years to reach financial freedom, depending on income and expenses. You can also have a combination of those ways depending on the different periods you go through in life. 

 Where to invest? Many people are attracted to investments and things that are exciting, such as investing and getting big and fast profits. But the truth is that the right investment does not excite you, instead, it robs you. Investment is bad because it takes a long time to see the big return on investment, unlike other ways of generating income such as being employed, self-employed, or doing business. So the first criterion in choosing an investment is to avoid any investment that is very exciting, for the most part, it will bother you a lot or give you a loss at all.

 ADVICE FOR THE COMPLETE BEGINNER. 

 For someone who is just starting an investment, the right place to start is mutual fund investment. in Tanzania there are four funds so far, which are UTT AMIS, FAIDA, TIMIZA, and SANLAM. Reasons to start with mutual funds are; 

 1. It is easy to invest, you don't need to do any long process to invest. I can invest wherever you are without affecting your activities. You can invest as little as you can afford.

 2. You don't need to know anything about investments, because fund operators have investment professionals who do great work. Your investment does not affect your other activities, because you do not need to monitor the investment trend. 

3. It is easy to withdraw your investment and get money when you need it, because you don't wait until a customer is found to sell, but the fund buys your investment and gives you money. In the bags currently on the market, it is better to start with UTT AMIS bags because; 

 1. It has been around for a long time, almost 20 years now, so it is an indicator that it has the ability to continue doing well. 2. It has many pockets in it, compatible with the various needs that a person has. uTT AMIS have six funds, which are UNITY, CHILDREN, INVEST LIFE, JIKIMU, UKWASI, and BOND.

 3. You can open, invest, and sell your investments using your mobile phone without having to go far to complete it. The fund is managed by the government and has guarantors outside the government, making it safer. 

 5. The continuous growth of the funds every year has been providing a good and reliable return to investors. 

 WHY SHOULD YOU AVOID STOCKS AND NOT CLOSING IF YOU ARE STARTING? Of all the types of investments, stock investments are the most profitable of all, in the long run. And bond investments are safer than other types. 

 But if you are just starting an investment or the amount you are investing is still small, it is better not to get involved in a stock investment, and we will not close at first. That is for the following reasons; 

 1. A bond investment requires a minimum amount of Tsh one million at a time, an amount that if you are just starting out, you may not have. 

 2. Stock investment requires monitoring of market trends to make the right decisions. That is extra work, especially when you have other responsibilities other than investing. 3. Investing in stocks requires wide diversification to reduce the risk of loss when a particular type of stock performs poorly. If your capital is small, you cannot make a good spread. For these and other related reasons, when you start, don't go into stocks and bonds, but start with mutual funds, which are going to invest there.

 WHEN IS THE TIME TO GO INTO STOCKS AND WE ARE NOT CLOSED? It should be understood that you will not invest completely in stocks and we will not commit, you will get there later. But first, learn investment and build capital through mutual fund investments so that you can also continue with your other income-generating activities. 

 You will be able to enter the investment of stocks and bonds once you have a basic understanding of investments and how they work, in addition to having built enough capital to make investments that will give you good profits and returns. Although you also don't have to go into stocks and we don't close directly, if mutual funds give you enough profit, the great stability that you get by investing in those funds is more profitable than the additional profit that you would get by going to the market directly.

Friday, August 2, 2024

how to improve customer satisfaction essay
Service is an activity performed for the benefit of another person or persons. 

For example, in a hospital, there is the first care given to a patient after being injured. The school has a training service for students, so that they can gain more understanding. 

On transport, such as aeroplanes, there is a service of drinks and instructions before, during, and after the journey. On mobile networks, there is a service to solve communication challenges and others.

 At the bank there is a financial advice service and instructions on how to open an account. An attendant is an employee who provides service to a customer. It can be a direct service to show him or through a telephone conversation.

 Where they provide clarification about something that is bothering the customer. When the customer meets the attendant, he is free to speak and ask anything while he is given the right answers to what he asks. In sales, the main task of the salesperson is to retain customers, make additional sales, and get referral customers. 

Because through customer service, the challenges they have are solved. Attendants are the ones who make customers enjoy the service provided by the company, institution, or office concerned. 

 The main feature of the service provider must be that he has experience with or knows the business or services in detail provided by the relevant office, company, or institution.

 It's a strange thing when the customer asks for something, the attendant starts to be confused, not knowing what to do. 

Other characteristics include knowing his colleagues and their responsibilities. This makes his job easier, when something happens, he can easily direct the customer and finally get a solution. When we say customer service, we mean you who serve customers, your uniqueness is in the word SERVICE. All people can find customers and serve them. 

But what makes customers come to you is the uniqueness of the service you provide. Starting from receiving the customer, talking to him, answering him, providing him with the product, monitoring him, or knowing his status. If the service exceeds his expectations, the customer must be happy. Many people have been thinking that customer service is something provided by institutions, companies, offices, or special people. This is not true. Each one provides customer service based on what they do.

 If you are a teacher, know that you provide services to students. Students are your customers. Without them, your work cannot be effective. It is through the students that you get your payment. 

 A human doctor attends to patients. Patients are your customers. Without them coming to your place to get medical care, your work would not be effective at all. meaning, you cannot go to treat cars or trees. 

Your expertise lies in treating people. It is through the patients that you get your pay. Driver, don't say I can't provide customer service. 

 You would be wrong. Passengers are your customers. If you respect them, listen to them, and help them, your work will be very effective. People love to tell others how you made them feel. 

It is through their fares that your payment is available. Mama Ntilie, who sells food, don't say I am not on the service side. Your selling of food is already enough service. 

You help hungry people get food. Through their payment, you earn money. That money helps you grow your capital. Tomorrow you expand your booth and hire more attendants.

 So, you are part of the service providers for customers. My dear brother, customer service is offered in every area of your life. Do not limit yourself to one area, that the service is provided to people with businesses, financial institutions, or just telephones. 

 Every area of your life should provide service. Because you are surrounded by people. Through the same people, you get money and various opportunities to do other things. The business side is where customer service works the most. Because that's where the biggest crowd is. And most of us were trained that, customer service only exists in business.

 The beauty is that everyone is a seller. As I said before, if you are human resources, you are selling your time and skills to the company. 

You have a gang or a shop selling products to customers. If you understand this concept, it will help you to go along with everyone you meet, to connect you with more people.

 When we talk about customer service, we touch on an important area in serving customers. Currently, almost all large institutions offer customer service. Often it is through the customer service department (customer service center). 

This unit is responsible for listening to customers and their challenges. These services are provided according to the size of the institution. Some give twenty-four hours, and some give twelve hours. Customer service is an important part of providing value to the customer in your business. What you should know is that; "customers have memories.

 They will remember you, whether you remember them or not." Moreover, the customer's trust can be destroyed immediately by a serious service problem, or it can be undermined day by day, by small mistakes that often appear in the service. Any business needs people who are committed to providing good customer service. This is due to the fact that customers are the main pillar of businesses that a person does. That is why we have a famous Kiswahili saying, 

"The customer is king." This is not a comforting phrase, no. There is a great meaning in it. Because it is through the customer that the business gets money to run itself. It is due to this principle that the customer is king, which led to large companies having a customer service department. Often the customer service department has people who have studied or have experience in how to serve customers well. Whatever you do, there is a way you touch other people. 

In order for you to have a positive influence on those you touch in what you do, you must provide them with excellent service. It is when you give people a service that they cannot find elsewhere that they are willing to come back to you again and again. And then you have captured those people forever.
Steps to Earn Money to Solve Life's Emergencies
 Emergencies always happen in our lives, and when a person is not prepared for emergencies, they tend to set him back a lot. 

 Many people are trapped in poverty because of the various emergencies they encounter and that they are not prepared. 

In your plans to build wealth and achieve financial freedom, you should have a good plan to deal with life's contingencies so that you can reach the goal. Lack of proper plans to deal with emergencies has led many people to enter into debt, which becomes a prison of poverty. 

Since the debt to solve the emergency is not productive, it introduces a person to a lot of expenses. To prevent yourself from being set back financially by various emergencies you encounter in life, you should follow these five steps to get money to solve emergencies in your life. First step; Use Your Emergency Savings. 

 You should have an emergency kit, and that should be your first step to solving the emergencies you encounter in life. 

You should also explain in advance what the emergency is to prevent yourself from using the emergency savings arbitrarily. If you used an emergency fund and it ran out, or if you had no emergency fund at all, go to step two. 

 Second Stage; Sell Your Non-Productive Items. Everyone has things that they are not productive that they have. 

that is the second step to getting money to solve emergencies that a person encounters in life. Since the items you already have are of no use to you, there is no harm in selling them to solve emergencies you encounter.

 Before you incur more expenses, it is better to get rid of the unproductive things you have. Once you have sold the unproductive items you have and there is still an emergency, or if you have absolutely no unproductive items to sell, go to step three.

 Step Three; Ask People to Help You. You have brothers, relatives, and various friends with whom you have been cooperating in life. One of the benefits of those people is to help each other in times of trouble and pleasure. 

So when you have encountered a big emergency, go to your close people and ask them to help you solve it in the way they can. It could be donating money or giving you other resources you need to solve the emergency. When you have asked the people around you for help and you still haven't been able to solve the emergency, go to the fourth step. 

 Step Four; Sell Your Investments. There are various investments you have made in your life with the aim of future benefits. When you encounter an emergency that you have used all your resources to solve and it has failed, you can sell your investment to solve that emergency. 

Even if you made an investment for future growth, if an emergency affects your ability to benefit from your investment, it is better to sell the investment and resolve the emergency first. 


Once you are out of the emergency, you can make other investments. If you have sold the investment you made to solve the emergency and the emergency still exists, go to step five. Step Five; Take a Loan.

 If you have done everything possible to get the money to solve the challenge and it still exists, the last step is to take a loan.

 This should be the very last step after you have done all the other work. That's because loans are expensive, when you take them, you pay them back with interest, even if you don't use them for production. 

So fight in all other ways, and if all fail, then go to loans. You will see that taking a loan is the last resort in the right plans, while for many it is their first resort. 

It is very important that you put in place and consider this plan so that you can deal with emergencies without being trapped in poverty. You may be wondering how, after taking a loan, there is still an emergency.

 Then it becomes no longer an emergency, but the end of life. That is, if the emergency cannot be solved with a loan after going through the other steps, it will be the fate of life itself, and you have no way to do it.
 Welcome to the entrepreneur blog

Welcome to the entrepreneur blog for the best entrepreneurial education and stories of the world's most successful people.


For further communication 

Contact me 


YAZIDI DAUDI MUSSA

E-MAIL: ydmussa@gmail.com 


WhatsApp +255788686831