Article Directory :: Business - General Articles

How many of your mistakes can your business stand?

Copyright © 2009 Adam Nowak

Subscribe to Adam Nowak's RSS feed using any feed reader!

Republish: EasyPublish
Published: 16May2008
Word count: 958
Viewed: 144 time(s)
Bookmark this article using any bookmark manager!
Get Free Content For Your Site

For over 15 years now I have been a member of an "entrepreneurs" category registered in the local government. I'm the owner of two companies. In fact, one of them has already been dissolved. Now I'm just sitting and reading. I have a lot of time for chatting on the Web and relating discussed matters to my own situation. What did I do wrong while running the first company? I committed all the mistakes I could. Indeed, I've learned something from my mistakes. When I was running the second company, there were fewer mistakes. But it doesn't mean that I did it intentionally. No way, my dear reader!

I've managed to avoid committing a few blunders, because I completely changed the line of business and the target group. However, it doesn't mean that we won't have any obstacles, competitors, or problems connected with our lack of competence or our lack of knowledge.

You probably want to know what mistakes I made. These are the crucial ones:

I was running after customers. Despite the fact that I was learning how to attract them from experts I could hire at the time, I had enough after some time. I couldn't look at the phone, I didn't want to go to presentations. I was disappointed with the result of my shifting from getting involved to gaining profits. I didn't like it. Unfortunately, I didn't even think that I was doing something wrong. I thought I was hopeless and that it wasn't for me. And such an approach, as you probably know, disheartens completely.

I had neither a vision nor strategic or tactical goals. I walked blindly, grasped any opportunity and felt more and more exhausted. A rush of adrenaline became weaker after each grasp of opportunity. Autohypnotical arousal of motivation and enthusiasm gave poorer and poorer effects.

I didn't know what it meant to focus on a customer? In principle, I tried to separate private problems from customer problems. I've already written about the words like 'I'm trying' or 'I will try'. That time I didn't know that it was another nail in the coffin of my business.

I had NO knowledge about advertising, not to mention copywriting skills. In the second company I only proved to myself that advertisements in the press were useless. 100% waste of money.

I had no idea what it meant to delegate obligations. You can understand now that I slogged away like a horse but constantly in the wrong place, in a place where I could do nothing for the company's development. Primo: I didn't know the right places. Secundo: I dealt with patching holes, extinguishing fires, and I couldn't remember my name in the evening. Even when the company was hiring employees, I was bottling up my rage, because I was working like a horse to pay them and they were slacking off instead. I didn't think so about all the employees. Some of them did their job, about which till this day I know nothing about and which I'll never be able to do myself. I was thinking about those who did the same job as me. It looked like I had been doing everything myself and they were wrangling over who would pick up the phone from a customer. This was my fault and lack of knowledge. I was the boss!

I didn't have a web site that would help me earn money. It doesn't mean that I didn't have a web page. I have had one for over seven years, indeed. I had no idea about earning money via the Internet and I didn't have the foggiest idea that I could arrange my web page in a way that would bring me profits. You're a witness of changes in my consciousness and knowledge which I'm widening. You're a witness of the progress I make in its implication. I'll tell you something about the effects of it.

Now I'll tell you the most important thing, which I would like you to pay attention to.


Stop learning from your own mistakes, stop learning from my mistakes. It may turn out that before you and me figure out that we're making mistakes, it can be too late for our companies. We can start everything from scratch, if we are able to get up together after a fall. I just want to ask you: what for? To make it hurt even more next time?

You and me, we can't afford to waste valuable time. Life can be arranged according to the great scenario. The best you can imagine. It's enough to use the help of those who know how to avoid mistakes and are able to teach you how to do that effectively. Your task is just to want to take this help, to pay for it and to apply the pieces of advice scrupulously and systematically. Can you imagine that those pieces of advice are simple, logical and understandable for everyone? Do you want to know where the catch is, or perhaps a few catches? They are in your conviction that it can't be that easy! They are in your conception that business is a very complex machine and you have to know a lot to make it bring profits. I'm telling you now that you don't have to know everything. There are some creatures that we call Experts. You just need your own wisdom and knowledge of how to use their help.

Only you can answer the question: how many of your mistakes can your business stand?

This article was translated by mLingua Worldwide Translations, Ltd. mLingua provides professional language translations in all major Western and Asian languages, software localization and web site translation services. Please visit http://mlingua.pl

Bookmark this article using any bookmark manager! Subscribe to Adam Nowak's RSS feed using any feed reader!

EasyPublish™ this article - publishers click here

More articles by Adam Nowak

Free Report!
Ten Essential Secrets Of Article Marketing ... Grab Your Free
Copy
Now:




We respect your privacy.


Need Content?
Regular Top Quality Content for your Blog, Ezine or Website ...
Delivered Direct,
For Free!

Click For Details



Arts & Entertainment
Automotive
Business - General
Computers & Technology
Finance & Investment
Food & Drink
Health & Fitness
Home & Family
Internet Marketing/Online Business
Legal
Pets & Animals
Politics & Government
Reference & Education
Religion & Faith
Self-Improvement/Motivation
Social
Sports & Recreation
Travel & Leisure
Writing & Speaking

More business articles:

  • Expenses You Can Expect If You Decide To Work At Home Full-time (Elizabeth Ross)
    A business needs financing to keep it going. Some people think that they won't need this with a home based business. Well, they are wrong because you will still need a little financing to run a home business. Here is an article that will enumerate the things you have to invest on when working at home.

  • Composite Doors (Louise G)
    Composite doors are beautiful and come in all sorts of designs. A composite door is a great replacement for your current standard door. These doors come in all sorts of colors and are very thick and sturdy. They are especially good for your front and back door because of all the great designs with beautiful windows and different door knobs

  • Why Effective Food Packaging Matters (Eva Judge)
    The kind of food that you're selling - and the audience that it's intended for - should have a major impact in terms of the packaging that you choose for it. Using the wrong kind of packaging can doom your product to failure.

  • What is a Weatherization Operations Manager (Ezra Drissman)
    A weatherization operations manager can make an average salary of $70,000 in California, although salaries can vary greatly from company to location, industry, experience and benefits.

  • Find Strength in Complimentary Joint Venture Partners (Christian Fea)
    A joint venture is a strategic alliance arrangement between two or more businesses. The nature of a JV is that it's mutually beneficial to both parties and allows the JV partners to continue running their own respective businesses. However, how can a joint venture be mutually beneficial to two independent and separate business entities?

  • The Road To Prosperity Is In Front Of You! (Jed McCall)
    Discover the mindset needed to recognise and grasp opportunity as it comes along. Make a start on your journey to success and reward and live the life you deserve.

  • Promotional Merchandise And Ethical Trading- 5 Top Tips to Protect Your Brand (Francis Murphy)
    Companies such as NIKE, McDonald's & Pepsi spend as much on Promotional Merchandise as some entire nations spend on running their Health and Education programmes. Yet within a matter of days a brand can be totally destroyed through bad publicity relating to the manufacturing of products that brand produces. This article offers some great tips on how to avoid ruining your brand through poor procurement practices.

We Automatically Distribute Articles
To Thousands Of Publishers And Web Sites:

Submit Article
All content is viewed and used by you at your own risk and we do not warrant the accuracy or reliability of any of the information. The views expressed are those of the individual contributing authors and not necessarily those of this web site, or its owner, Takanomi Limited.
 
Copyright © 2009 Takanomi Ltd. Company no. 5629683. All rights reserved. | Privacy | Legal | Contact Information