How to grow your business brand
SEE ALSO :Crocheting myself to a ‘knit’ fortuneExperience is the best teacher. Scenario: If a teacher comes to class and writes a maths formulae on the board, the class will understand it only when given the problem and how to apply it. The key here is application, for each maths problem has a formula to solve. The moral of algebra and mathematics is ‘how do I apply’. Left, right and centre we have an outburst of information where everyone is giving their ‘business opinion’ - I included - but then what do you need and what is considered junk? I recently did an article on this same platform, and I gave a review of how I have managed to make business decisions over the years. As much as I have a panel of experienced individuals that I consult with, the last decision is entirely mine based on what I have gathered and mostly my instincts.
SEE ALSO :How to set up an online shop for freeOne of the aspects of the conversation with my friend was how most entrepreneurs fail because they have the right information but their application is wrong. So they end up closing down by their second year, or even in their initial year. So what might be the ultimate solution? Some few notes that we highlighted: Tackling weakness Most classes that we go to or lessons that we get from the world mainly focus on your strength. How we looked at this is that whenever we hear of big brands that failed it’s because they had a weakness and they did not follow it up. There are big global brands that have been phased out by small brands that noticed the loophole and made adjustments. The beauty of the current consumption generation is that as long as the brand offers a solution, no matter how small, they will jump on it.
SEE ALSO :Starting an interior design businessWe are living in a world where democratic business opportunities are available. When Facebook started, the founders were operating from a school dorm; now it’s one of the most used social media platforms in the world. They created a solution to social meetings, interactions and informative material sharing. So love your strength, but also address your weakness. The next phase When is the right time to jump? You need to know when to move to the next staircase. Over the years, I have always done research on what my business would look like in the second phase.