How to establish a business (part 2)
2. Which of the processes has the most significant impact on profits in my business? Here, rather, it’s immediately clear, but nonetheless. It’s immediately understandable, because I believe that in…

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Industry Analysis through 40 Questions (part 2)
Competitors and Competitive Industry Analysis 22. How many competitors in this industry? Analyze your piece of the market, i.e. those with whom you are really competing. But be aware of…

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Production of decorative stone as a business idea
We will begin our consideration of this business idea with a short history. The first building material that was used by our ancestors thousands of years ago, and only in…

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skills

Tips for a novice leader or 15 moments of truth

In business, if not at the very beginning, then a little later, when he grows up, you will have to be a leader, one way or another. Therefore, today’s post is called advice to the novice leader, and in it I will share some of my recommendations, thoughts and experiences.

I will say right away that some of them have been personally tested, and some are “taken from open sources,” as they say :-). That is, they are in all the business literature that I read, at least, but I have not yet had time to verify their effectiveness. Not because there are doubts, just did not happen in some situations. I will warn about this during the article. Continue reading

How to study the market and why is it needed? (part 1)
First, let's figure out what a market is. I say again, I write about my concepts, which do not have to correspond to textbooks. Therefore, the market for me is…

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Reduce business expenses - a way to increase profits №5
So, dear undertook, we got to the fifth, last in our list of ways that increase profits in our business. This will reduce costs in your business. Prior to this,…

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The main tasks of an entrepreneur, or what and how to do if you are an entrepreneur (part 2)
8. Foresight Are you not a psychic? Sorry. Well, let’s do it, then somehow differently. OK stop, seriously. No superfluous feelings are meant. Remember, we have already called control one…

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