ManagementParadise.com - Worlds Leading Management Portal. Online MBA | Classroom to Boardroom and Beyond
 
  Articles Details
Print Email  Add to briefcase

Leveraging Business And Easy Steps To Achieve Success

by Sunanda K. Chavan on Wednesday 15 December 2010, 6:06 PM | Category: Entrepreneurship| View: 1138 views
 
 
Advertisements
 

Leveraging Business And Easy Steps To Achieve Success

 

 

While leveraging anything you have some key principles in mind, especially when it comes to business there are certain corporate principles and self principles too which one incorporates. Corporate Principles include principles like Achieve results, Ask what can I get? , Success = money, Work to please people, Place themselves first, Short-term gain, Slave to the Company. Whereas the personal and inward principles include Serve a Purpose, Say how can I give?, Significance = people, Work to please God, Place themselves last, Long-term Legacy, Freedom of Choice. When we think over these principles as to whether they are right or wrong. And many times we either follow solely the corporate principles or the self ones. Many times we put ourselves in doubt and self conflict that whether whatever we are doing is right or wrong?  But whatever the scenario builds in front of you; you have to solve the problems and take life ahead. Being a good leader or a great leader is not a great thing. One can easily be just by inculcating few of the said framed principles in your soul and body. 

You can leverage your business by answering few of the following questions. How to find meaning and purpose in your business?  How to define success in your business? How to do the right thing when others are doing otherwise? How to avoid becoming a slave to short term obstacles? How to use Inward Principles in a diverse world? How to deal with situations you have no control over? What to do when faced with a bad choice and a worse choice? How to attract, retain, and motivate others? How to make a win-win situation? How to overcome exhaustion?

Answering the above questions can help you decide about your principles as well as your strategy to leverage business. If not three simple things can help you achieve the same

The very first thing is building a team; the benefits of creating a team are many. You can delegate your few of tasks to your team mates easily; having the capability of doing work easily and efficiently. It's all about leveraging your time: the sooner you can delegate, the sooner you can focus your energy on only high payoff tasks.  You can have a team based on needed basis. You can recruit them on as specific periodicity. Creating information products is one of the easiest ways of making money. Also be sure with the reasons why one should buy your product online. Understanding how leverage can be used to your advantage will help you build a highly efficient and more profitable business. When you're leveraging your business, you are allowing for easy growth and expanded revenue.  When providing information products charge for it; another source of revenue. You can also think of providing membership to the users, allowing incentives on membership are a strategy you can use. While developing information products turning your knowledge into information is the first step. Thus employing strategies that will help you achieve this target. And when thinking of charging fees, firstly research market and find demand for your product , create contend to offer for free as well as for sale for your site and the last step is to take into consideration the results as well as the feedback. For doing all the above hiring a good staff will help you get good sources, virtual assistants are a good option here.

 Leverage helps both the investor and the firm to invest or operate. However, it comes with greater risk. If an investor uses leverage to make an investment and the investment moves against the investor, his or her loss is much greater than it would've been if the investment had not been leveraged - leverage magnifies both gains and losses. In the business world, a company can use leverage to try to generate shareholder wealth, but if it fails to do so, the interest expense and credit risk of default destroys shareholder value. Using the power of the internet, we can easily leverage time by developing a group of people who, like you, want to earn extra income from the comfort of their home.

 

 

 

  

 

 

 

Advertisements
Print-Friendly Version Email to a Friend
 
Related to Leveraging Business And Easy Steps To Achieve Success
 
 
 
 
 
 
STATS
 
Total articles: 5521
    Total Categories: 22
    Updated in Last Week: 8
LOGIN
 
   Login Id
   Password
  Forgot Password?
    
   
SEARCH ARTICLE
 
  Enter Keywords
 
CATEGORIES
 
    Banking and Finance
    Campus Articles
    Economy
INVITE FRIENDS
 
Invite your Friends, your Colleagues, your Group Members, your Seniors, your Team mates...and others.
 
 
Advertisements
 
spacer gif
Management Paradise
spacer gif
arrow gif About Us
Press
Jobs
Buy a Book
Kartik Raichura
spacer gif
spacer gif
spacer gif
Legal
spacer gif
spacer gif Terms & Conditions
spacer gif Privacy Policy
spacer gif Disclaimer
spacer gif Copyrights
spacer gif Contact Us
spacer gif
spacer gif
spacer gif
Help
spacer gif
spacer gif Getting Started
Support
FAQs
Tour
Feedback
Partners

MBA B School Blog

MBA Buy Entrance Exam Forms

MBA BMS Blog

MBA MBA Blog

MBA BMM Network

MBA Your Link Here

Follow
       
   

 

Copyright 2004 - 2014 Management Paradise. Site Developed by Available.co.in