True business never fails
B: So what is true business?
A: Are you ready for the secret?
B: Yes, I am.
A: I will tell you but you may not hear what I have to say. It's very simple so pay close attention. True business listens to what people need and want.
B: There must be more to it than that!
A: Yes there is but that's where it all begins. Once you listen and find out what people say they need and want you will need to analyze your findings, customize your offerings to match what they are requesting - and all of this must be done at the right time, location and price. There really is a science to it.
B: Okay, so hold on, listening?! How can that be?! I mean, don't we listen to each other? Don't the businesses that I know listen to their customers? Otherwise, how could they still be in business?
A: The reason for that is because we live in a world where we are not trained to listen to each other. At best, we are trained to react. And, don't get me wrong, there are some businesses out there that listen - and those are very successful, but in the world today this is missing. Let me ask you a different question. How many people do you know?
B: I'm not sure - about 1000.
A: And if you were to look at all of those people in your life, how many would you say have what's wanted and needed at all times? Including yourself?
B: Well, none of them. We always have more desires...
A: Right, but are they clear about their desires? Are they clear about what they truly want?
B: I am not really sure.
A: Exactly. So you're telling me that you don't know what's really needed and wanted for the people that you know - which is really like a small town if you think about it - because you did not sit down with each and every person to find out what they really want - is that right?
B: Yes, that's right.
A: Okay, so now multiply that same mindset to millions of people, businesses and even countries around the world and tell me what you see.
B: I see a lot of people not getting what they need and want because nobody is listening!
A: Yes, that's right. So how does this relate to our current economic situation? If you examine what's happening one of the reasons many businesses are reacting is that they are not operating as a business.
B: So what are they operating as?
A: My guess is they are more of a conditioning mechanism - which is something that conditions a group of people to think that they really need and want something but in reality they don't. This always becomes an expensive proposition.
B: So you mean, they don't really listen, they are pretending to listen, and force something on people?
A: Yes. Imagine trying to sell Gucci bags in the middle of the desert. You would have to spend a lot of money on promotion and advertising to make people think they need Gucci bags in the desert.
B: That's really amazing - because what's needed and wanted is water!
A: Exactly! But, by finding out what's needed and wanted - in business this process is called Research & Development by the way - you can invent whole new products, services and even companies! Looking from this point of view you will see that there aren't a lot of businesses out there - so your opportunity is remarkable!
B: But where do I start?
A: Start with the 1000 people that you already know. Find out from them what is needed and wanted and provide something to them. If you do it right, you will generate real value for your small town of people. You may be surprised at what you discover.
B: And if I get stuck?
A: Well, you can always call us and we'll coach you through the process.
B: Sounds great. Do you also have a web site?
A: Yes we do. Look down at the signature!
True business never fails - To learn more about this author, visit Vwodek Wojczynski's Website.
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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