BUSINESS INITIATIVE

15
THE 10 D’S OF BUSINESS SUCCESS

Transcript of BUSINESS INITIATIVE

THE 10 D’S OF BUSINESS SUCCESS

INTRODUCTION

Our business system is very much a part of our

way of life. Business activities in our environment have

shaped the lives of many business people into their

lifestyle of living. Your ability as a business person to

understand how this amazing system works is essential to

the achieving all that are possible for you in the society.

This knowledge can help you help you to learn. Below are

vital factors that can guarantee you success in your

chosen field of endeavor.

THE 10 D’S OF BUSINESS SUCCESS

1. Dream

2. Desire

3. Decision

4. Direction

5. Due process

6. Determination

7. Diligent

8. Delegation

9. Discipline

10. Dynamism

1. DREAM

Daring to dream in starting a business is the first

criterion which is anchored on meaningful vision.

Dream will propels a good business leader who has a

vision of the way things could be, and can come up

with creative ideas.

2. DESIRE

Progress with a plan to actualize your dream

imperative to the business will be your desire to excel.

Without such desire you can count on being just another

employee. Your entire existence in the business world

must be centered on an uncompromising dedication to a

standard of excellence in every aspect of your business.

3. DECISION

The ability to make good decision is one of the

most important skills of the successful people. Every

great leap-forward in life is preceded by a clear decision

and a commitment to action. All high-achieving business

men and women are decisive in their thinking and in

their actions.

4. DIRECTION

Successful people have a defined sense of purpose

and direction in every area of their lives including

business. Therefore, as a business person, the more

definite and focus you are, the easier it is for you to make

better decisions on your priorities and the use of your

time. Also, the clearer you are about what you want, the

more motivated and determined you will be to

accomplish it.

5. DUE PROCESS

The ability of a business organization to follow

standard ethical business rules and regulations on its

day-to-day activities forms the major factor that

guarantees business success. Due process must be

compromised by a leader in attaining and

maintaining durable business success.

6. DETERMINATION

To be a successful business person, you must

resolute to be the best in your field of business. More

than any other thing, this will assure you of great

success. Determination will propel you have onward

and upward progress. It will motivate and inspire

you.

7. DILIGENT

Getting to the top in business and staying there

requires hardwork. There is no substitute for hardwork

in a business pursuit. This will enhances you to be

credibly intelligent and retain more details.

8. DELEGATION

The ability of a leader to give his subordinates

the authority to carry out specific responsibilities on his

behalf contribute greatly both to the development and

success of a result-oriented business organization. A

good business leader will not be afraid to delegate tasks

to the component people.

9. DISCIPLINE

A major secret to meaningful business success is

the discipline which is otherwise referred to as self-

control. In business, you feel good about yourself and

your activities to the degree to which you know that you

are in control of situation around you. The ability of a

business leader to stay focus in pursuing and achieving

his overall business visions in the midst of numerous

activities is integral to the concept of discipline.

10. DYNAMISM

The creativity of a business leader to carry out a

particular task or service in a distinctive form among

other competitors serves as a catalyst for business

success. Also, dynamism demonstrated by a goal-

oriented business organization fosters diversification of

its products and services.

CONCLUSIONOne of the most common qualities of successful

business people is they are intensely action oriented. They are proactive in business dealings. These also take initiative and when they hear a good-workable idea, they act on it immediately.

Based on personal research, I have found that all the successful, happy, dynamic, prosperous and growing businesses practice all the aforementioned principles consistently in virtually everything they do.