When Dave Scholes was on a sailing ship, he was sitting on a dining table.
The same ship had a billionaire who owned and operated 10 companies. The
Dave Scholes was a long-time talk that resulted in a lot of advice from
the man to Dave Scholes. This billionaire has lived and does not know
the name of this billionaire so far because he does not like fame, and
the beginning of this billionaire was working as a quality checker
quality test ISO 9000, where the impact of this matter and a lot of
science in his life and the manner of management of companies and trade
later, The companies run it but have been spending a lot of time in For recreation with his family at intervals.
billionaire Tips to success in managing companies
First Tip - Multiple Income Sources:
"If you look at one of my companies, you'll find that it's a small
company that will not impress you. It's a small, traditional company,
but it generates a lot of revenue. 9 other companies will find that the
income has increased to millions per year and more importantly it is a
multi-source income, where if a company has a bug or two companies are
shocked to keep the income large.
Second advice - do not take partners:
If you are able to start a company on your own, do not take partners
because the more the number of partners, the less profit as it shares
the number of existing partners, and you will also face other problems,
for example fighting to apply your point of view in a particular
instance, and prolong the time required to complete any task of the
company, Learn the skills you need to start your own company from any
reliable source, develop yourself, start a company even if small at
first, develop this company, and when you succeed, start employing
skilled people.
Third advice - market awareness:
The billionaire
says that companies are working in the small market, not in big cities,
because he found that the small market is two to three years behind the
big market, which is making a big profit in the big market could not do
it in the small market, but be patient two or three Years and a great
success.
Tip 4 - Be very careful to work with you:
Employees in the company move between different jobs as they are
skilled in skills, such as girl who stands on the safe deposit box doing
another job in her spare time, such as acceleration to the Internet to
write on social networking accounts of the company in the interval
between the client and the next, The company is trained on the highest
level of management of this company and all its affairs, and this under
the plan to stimulate the increase of salaries or the participation of
employees in the profits of the company when the manager wants to buy a
new product to sell in stores, he has a bank account specializes in that
spending spending it, and when he wants to buy New units must To sell the previous units and put the price in the bank in order to guarantee him to buy more inventory to sell it.
This billionaire says that he is looking for specific people who are
doing their job without any excuses and they take full responsibility
and make every effort to carry out what is required of them and what is
required of them and where I find these staff and do all this
successfully then I have the time to sail around the world with my
family and can rest at any time , And this is due to my trust in the
staff and they work hard to keep the company.
Important question:
In the question of Dave Scholes for this billionaire
is how to do good in your trade and his answer to this question is that
each of my ten companies one task only expressed by simple word that
our success in our work does not mean that we change the world, but as
we meet the need of the market quality product And high accuracy at a
fair and appropriate price, but make sure that the income and profits
are greater than expenses and expenses.
And here the silence of the billionaire some time and then said to Dave
Scholes you may now say that all this is contrary to the conventional
in the trade partnership is necessary in some situations, the
multi-tasking employee may be wrong if overshadowed by the task of the
other and work in the small market has a large risk such as volatility
The market and the lack of consistency of the many competition, but the
response to all this has had a very significant impact on Dave Scholes
and this response is that there are cases where the breaking of laws and
these tips come from a person broke all laws and succeeded a great
success.
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