Doing Business with Families.
What is your experience doing business with families?
We all love to do business and make profit but some of us do not know the secret of doing good business with the right people. Unfortunately, most business people do business with the wrong people which always put them in the wrong place. Can families be part of the wrong people you do business with? Not really but some can be.
In business, do business where you will profit not where your profit will not be in view. Some people do good business with the wrong people which results in running the business down. Some families know the business you do but because of their selfish reasons and interest, they approach your business without profiting in view. Some even emotional back ail you till they have their way and when it required that they pay someone you will be disregarded counted as amateur or not having the best service or products required. Let's be mindful of those we do business with and be profit-oriented.
You have the choice to do business where you will profit or where your profit will not be in view. Some people do good business with the wrong people which results in running the business down, even when they needed to purchase or patronise you they will go somewhere else. Let us be mindful of those we do business with, be it a colleague or a customer.
Do business where you will profit without feeling if it was a bad thing, some people make others feel bad profiting from them while they can not bear it when someone do it towards them. Do not do business where your profit will not be in view because you end up paying the cost yourself and loss is incurred. People do good business with the wrong people just because they don't want to offend the other party which results in running the business down . Let's be mindful of those we do business with and be profit-oriented.
Business is a function of life, a part of human existence, and not an exact science. But still, there are some rules which can be applied in whatever business you are doing to make it successful. When you sense wrong persons around your business, don't canvas them towards your business nor regard their approach because it could be a trap for your business.
I believe families should be your first business clients not who will ruin you down. The people you sell to today on credit will be the first to shy away from you to another person, your business is like your bady. You need to guide, build and nurture it till maturity. Do business where you will profit not where your profit will not be in view. Some people do good business with the wrong people which results in running the business down. Let's be mindful of those we do business with and be profit-oriented.
Don't let your business die as an infant, leave families for family and business for business. Give your business a business approach and let everyone know that is your business. They will respect you and your business soon or later and give you your business space for profiting.
Don't accept the saying, no family no business. It should be the way round, no business no family. Let business become you, your family becomes business and your business become their business then everyone profit making gene comes alive.
You can also share your view on this.
Thanks for reading.
You are correct. Most times, it is better to do business alone than partnership.