1.The quality of relationships people have can be a great determinant of how far and how well they do in life, this principle is also very crucial to business success.
Smart Business owners understand this hence the drastic shift to customer-centrist business models. For example Amazon.com employees spend two days every two years working at the customer service desk — even the CEO — in order to help all workers understand the customer service process, and steadily over the years Amazon now owns Zappos, ShopBop, Goodreads, and Audible.com.
This relationships however also extends to staff and employees. The aim here is value and appreciation as people naturally give their best where they are most valued and appreciated.
2.Deliberately Build Your Network
Be deliberate in making new contacts for your business always diversify as you make valuable contacts to build your network. This will mean going to the right places and networking with valuable people who are relevant to your business. This way you will have a reservoir to conveniently choose from when the need arises.
3. Aim For The Best Team
Do not be sentimental while hiring staff When starting a new business as the soundness of your team plays a crucial role in determining the success of your business. You can not afford hiring employees who don’t care about the company’s future.
4.Concentrate on what works
This means you must know the inner workings of your business as well as your market in order to concentrate on what yields better and faster results to invest the best of your resources.
5. Utilize Technology
In addition to flexibility in data collection and analysis technology enhances social media which is very crucial in today's business arena as a survey showed that Sixty-four percent of consumers have made a purchase decision based on social media content alone. Technology is also cost-effective and efficient.
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