tisdag 17 februari 2015

Your Success Now Need Resources


In the previous blog “Success Needs Planning”, it becomes clear that you will discover things you need for your business plan to become a tangibly matured theory for you to take to the field. The most important thing is to remember to differentiate NEED from WANT! It is possible that you will see something attractive that will make your business looks good. For example if your business needs warehouse, it does not mean that you should go and lease one right away. It would seems attractive that renting a warehouse is more useful than using your house. Everyone will recommend that you use your house should be a warehouse in the beginning, because the produced quantity in the beginning should be low.

But, the questions becomes, do you really needs it? What you want is less important than what you need. A highly intelligent man once said, “If you want to be successful, then learn to manage.” In this case, I will say, “If you want to be successful, force yourself to manage” In the beginning the most challenging thing is impulse, which makes it close to impossible to separate your personal finance from business finance. One of the best ways to keep control of financial resource is to open a bank account without a card. Mixing the corporate finance with personal is what makes it close to impossible to keep track of business and its progress.

This neutralize the possibilities of impulsively buying something when you are out with friends, and make it easier to keep track of the business finance. Your resource should be acknowledged and listed, so you can keep an eye on them. Example of list: office, warehouse, computer, phone, printers, and so much on. Need: Computer? I could use my laptop. Phone? There is ip-telephone with SIP account that I could use. Warehouse? My house has an extra room, so I don’t need warehouse yet. Printers? Don’t I have a printer at home? Product production? Can I turn my garage/kitchen to a production source? Company registration? Who said my company has to be registered from the beginning?

As you can see, when it comes to resource, the most important thing is, focus solely on what you need, not what you want. You probably can go around the listed resources, if you can think creatively and find something else that can provide you with the same thing that your business benefits from that resource. Do you have everything you need to start the business?

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