8 Principles of Business Success

8 Principles of Business Success

Kenny Olagbenjo

1. PURPOSE – Know the reason for your talent or gift. When the purpose of a thing is not known abuse is inevitable.

2. PROBLEM -What problem can your talent solve.

3. PRODUCT – Create a product or service out of your talent. A business is a system of delivering value consistently for profit. A talent is an avenue through which this value is created.

4. PEOPLE and PARTNERSHIP – You need quality people to succeed.

5. PUBLIC – Know your market.

6. PRICE – Your market will determine your price.

7. PUBLICITY – Promote your talent or gift. People don’t buy services or products they don’t know about

8. PROFIT – Make money. If you are not making money you will soon be out of business.
KJO

1. PURPOSE – Know the reason for your talent or gift. When the purpose of a thing is not known abuse is inevitable.

2. PROBLEM -What problem can your talent solve.

3. PRODUCT – Create a product or service out of your talent. A business is a system of delivering value consistently for profit. A talent is an avenue through which this value is created.

4. PEOPLE and PARTNERSHIP – You need quality people to succeed.

5. PUBLIC – Know your market.

6. PRICE – Your market will determine your price.

7. PUBLICITY – Promote your talent or gift. People don’t buy services or products they don’t know about

8. PROFIT – Make money. If you are not making money you will soon be out of business.
KJO