KNOW THE ETHICS OF THE BUSINESS
Starting a business is not difficult if the necessary resources are put in place but one thing that can bring it down is your lack of knowledge on the ethics of the business you want to venture into. Every business has its own ethics, its pros and cons. Every business has some rules that governs it. When you fail to know those rules and you fail to respect the ethics of the business therefore planning to fail. You must seek and know the rules and regulations of the business you are venturing in. The moment you cross that line and disrespect the rules your business will start to collapse, so before you venture into a business you need to have adequate knowledge on what governs such business, what the ethic says for your business to be successful.INNER STRENGTH
This might sound simple but it is the fuel that drives a business. In other words, inner strength can be described as passion. Going into what you don't like but doing it because your friends are doing it won't help. In whatsoever you want to do there must be inner strength, passion comes from within. Why the need for the inner strength? It's because there will be challenges in your business but your strength, the passion you have for it will be the driving force that will keep you going in such period. Take for instance, a farmer who does not like farming will always record low produce because he will not feed the crops well. To make matters worse, if the field is infested he will be discouraged and won't want to continue but if he has the passion for it, the infestation will not weigh him down because he will try everything to prevent it. Likewise in your business having passion for it will help you in going a long way even when discouragement comes.
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