Making no effort to improve

Making no effort to improve is a major factor for business failure.  Many businesses fail because the entrepreneurs behind them were too confident of the superiority of their skills. This over confidence blinded their eyes to the little business improvement effort they needed to make to stand out. Business is dynamic, therefore, to succeed in the world of business you need to be dynamic; you need to learn the new skills of trade, understand and acquire the required technology that will help you to continue to maintain your relevance in the market place. When you fail to do this, get ready to be left behind.

Even if you cannot buy sophisticated technology, try to improve on your service delivery and spend some money to pick one or two technology that will help you to satisfy your customers. Do not expect to experience meaningful changes in your business if you continue to do the same thing over and over again. This is what I call business insanity. To prevent your business from failing, you need to put in your effort to completely eradicate this insanity.

Read more articles and publications on your line of business; attend seminars and workshops that are business oriented. Break loose from your comfort zone and step into the realm of positive interaction with people in your industry; most especially people that are doing better than your self. Do not copy them, but learn from them and apply what you learn with little enhancement to make your business more unique and profitable. Engage your customers in conversation to find out ways on which you can serve them better. Listen carefully as they talk, and you will be able gather enough information that you can work on to make your service and business more unique and leverage able.

Do not be contented with what you are offering now in your business, make the effort to improve no matter how little it is. When you do this your business will attract more customers that will help to boost your financial performance. This will make more money available for you to embrace more profitable opportunities for growth. Your effort for improvement will pay off if you continue to commit all you have to it. Do not say, “There is not much I can do”. There is so much you can do! You have not discovered it because you have not tried. Get up and dust your self, look up to sunshine and commit your mind to make a little business improvement, you will be amazed what you can do.

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