Daily Mirror (Sri Lanka)

What makes your business a success?

- Thishana M. Rajanayake (thish94@gmail.com)

The best part of being a human is, no matter how much you fail, next time you can try better. They say failure is for the cowards. As long as you are trying you are not a loser. This is why there are successful people like Bill Gates, J.K Rowling, Steven Spielberg and etc. None of them achieved their targets from the first attempt. They tried and tried and then reached their goals. And that’s why they have become so successful. So if you ever feel like giving up, think why you came this far.

DO WHAT YOU KNOW

If you want to be a successful businessma­n, what you have to do is to improve what you already know. If there is something every human is capable of. Find it. Make sure you love what you do, unless it will be a total disaster. If you have a hobby like playing games, bring it to the market level.

HAVE A WELL-DEFINED PURPOSE.

You must have a clear path. You can’t just start a business because you want. If we summarize the history of the successful businessma­n, what they wanted was to provide something better for the society. Profit came after that. So if you want to be successful, you have to concentrat­e on the quality of the service you provide, and you will have a good profit eventually.

TAKE STEPS BY STEPS

Having an idea to be successful doesn’t make everything go smoothly. You have to take step by steps if you want to reach the destinatio­n. First you have to have capital to start the business. And you need to get the approval from the authoritie­s. And with the time, you will expand your business.

CREATE A SUPPORT NETWORK

Surround yourself with optimistic people. That’s how you can go forward. For example, you need someone for bookkeepin­g. You have to ask the experience in the field and why did she/ he apply. When it comes to a business, bookkeepin­g is really important. So be attentive about the people you hire.

CONSIDER FINDING PARTNERS

We all need a backup to move on. So, when you start a business, try to find strategic partners. When you have a good relationsh­ip with another company, you will have a good foundation. Even in the hard times, they will help you to go forward. Moreover, you can have the advices whenever you need. We all are learning. So having a good partner is like having a mentor which always helps you to go more and more even in the hard times.

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