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Have a larger purpose

Don’t start a business only for earning money. Try to make this world a better place through your business, by providing better product or service to your customers. If you only focus on making money, you may get tired sometimes, because a business may not be successful or profitable all the times. Sometimes, you may…

Build partnerships

Success in any business requires cooperation from many people, small or big. No business can grow through single-handed efforts. Microsoft founder and one of the richest people in the world Bill Gates says: “Right from the beginning, the success of Microsoft has been due to the various partnerships we have had. Our company has grown…

Business and friendship

Friendship based on a business relationship lasts longer than a business relationship based on friendship. It is not advisable to do business with friends. Generally, there are no calculations in friendship. But, when a business relationship starts, calculations come into picture, which create misunderstandings sometimes. On the contrary, if there is a business relationship with someone…