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Have you metwith success?
Having enough money to pay the business expenses is a must for any entrepreneur
There is an old belief that small business owners must either be heavily capitalised
or be able to access extra incometo meet any unexpected expense
This is why many small businesses start out with the founders working in a job and building the business simultaneously
While this split focus can make it difficult to grow a business, running out of money makes growing a business impossible
What to do if this is your situation?
To grow a businessthree ingredients are a must
Money, Energy and Time
“Money” not only means cash but also any other resources provided to the business
“Energy” means the combination of physical input and the required competence on the subject
“Time” means the practical planning and implementation of the strategy to achieve your set target within the defined deadline
People normally invest all threemoney, energy and time
but not in 100%
Once any two are investedin 100% then
the third comes on its own
You need to definewhat the business requirement is
and plan how it can be achieved in 100%
Once 100% of the energy and time required is invested the money you need to pay the
expenses will come on its own
And you will say,“I have MET with success”
Make use of this
TIP(To Improve Performance)
if you want to:
•Increase profitability by minimising delays•Convert conflict into compatibility•Add a zero to your bottomline
If you have an issue that is blocking your progress, email Dr Chopra today
to arrange a complimentary mentoring session
drchopra@angloindia.co.uk
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