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Growing a business is like…

Growing a business is like scaling Mount Everest. On an expedition to Mt Everest, there are various stages or camps as we go up. The Mountaineers have to change their approach after every stage because temperature decreases, the air becomes thinner, risks and the seriousness of consequences increases. In business also, if we can change…

Customer is the boss

Sam Walton, the legendary founder of Walmart says: “There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else.” This boss can punish anybody in our business. This punishment may mean he will leave our company and shift his…

Show your vision

The chances of our vision of our company becoming a reality increase when every member of our team can see his or her work as a part of something bigger, when they see the value of their work. When they find their contribution being meaningful towards realizing that vision, they work more happily and enthusiastically. When…

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…