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  • Members: 2
  • Category: Business & Finance
  • Type: public
  • Location: Schenectady, NY
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Black Fortune BuildersThis group is for those that aspire to be more than the Average Black Man and Woman. That is an average Job, average income, average house, average debts, average poverty. Whether you are already in Business or Building someone else's Business, this is the place to be.

The 5 Keys to Business Success

Take Charge
The first key is to realize that success will not just happen, it is up to you to make it happen. Successful people claim to be in control. They refuse to be victims. They accept responsibility for the results their business achieves and take the blame themselves if things go wrong. When we are in control we can choose what to do. We can't always control the situation but there are two things we can control, our attitude and our skills. We can get stronger, we can get smarter, we can get better at all the skills we need to run our business. We can take charge of ourselves and our business and change the results we are achieving.

Know Where You Are Going
Without having specific goals, business owners often find working in the business becomes an endless drudgery. If being in business is not exciting, enjoyable and rewarding, then why be in it? It is exciting and rewarding for the few who are really successful. The difference is that they have a clear idea of where they are going and each day they can see their business making progress towards their clearly defined goals.

Spread The Word
You will never succeed by keeping your business a secret. You need to spread the word to let people know about your unique products or services. With many small businesses, there is a tendency to be reactive. If sales slow down, you decide to advertise to address the situation. When work picks up, advertising is stopped. The result of this approach is haphazard advertising which produces haphazard results. Rather than haphazard advertising, a planned advertising and promotion strategy can be applied to address specific goals.

Do What You Do So Well They'll Come Back And Bring Their Friends
The difference between the truly successful business and the average business is that successful business leaders live, breathe and preach quality, where the average business leader only pays lip service to it. There are many companies that have built their reputation on the quality of the service they provide as much as the product they sell.

Keep The Score
The greatest danger in a growing business is for the owner to lose control. This fear causes many to choose to stay small because they do not want the worries of growing too big. A business performance needs to be managed and controlled. So many business owners worry about getting the work done, but they don't measure results, they don't keep score. Keeping the score indicates how well the business is going towards achieving its goals. If performance is behind expectations, steps can be taken to improve. If the score was not kept, no one would ever know that performance was substandard.

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