Best business advices & success tips?

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asked Apr 24, 2019 in Other-Finance by Mince (370 points)
Which ones were the most helpful in your case? Share with an experience please.

2 Answers

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answered Apr 25, 2019 by Kivan (380 points)

It's truth that for your own company you need to find specific tips which will be really the best in your case. It depends greatly on a certain type of company you have, its size and certain sphere where you work.
However there are some universal things which are effective for almost every type of business, they are for example:
- having clear goals and good skills of time-management (you need to understand well which things you want to achieve and to be organized because completing all necessary tasks in time is a basis for the successful development of any company)
- keeping detailed records (it'll help you to analyze your progress and fails, and predict how to overcome possible challenges in future)
- analyzing competition in your sphere (you can borrow some successful ideas from your competitors and understand which new ones you need for being more attractive for customers than they)
- using various tech innovations (any successful modern business can't develop without implementing of gadgets, various types of software and apps, for example because of machine learning principle https://theappsolutions.com/blog/development/machine-learning-algorithm-types/ many programs can be used for prices prediction and forecasting of your sales)
- being creative (you need always to find new ideas and strategies for improving your business and making it unique comparing with the competitors)
- investing in advertising (effective marketing strategy is one of the main keys for making your company profitable, ignoring it usually leads to fast fail)

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answered Jun 20, 2019 by kesteer (4,670 points)

I think that marketing is very important these days. I would like to recommend that you check out some offline marketing ideas too. For example, you can create some interesting promo items like those lapel pins from https://www.pinsource.com/ and use them for this purpose. Think about it

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