Wednesday, January 19, 2011

12 Basic Business Principles [Jason Miles]


There are 12 key business principles. This principles may help you to have a successful business.

The first key business principle is (1) "You cannot succeed until you try" this principle is the most important of all business principles. It is like, you should know how to take the risk. Sometimes, we are win, and sometimes we loose. This principle is very understandable, in order to have a successful business, we should always try and try until we have succeed and get our goals in business. The second type of business principle is (2) "always have strategy in everything you do". Jason miles said that, in business we should have strategy and techniques to win and earn money. Strategy is very important to a business, we should know how we can make our money become many and we should know how to be a good businessman. The third business principle is (3) "consistently execute doing right things." In this principle, we should know our capabilities in running the business. We should know what are the qualifications for having a successful business. In business, it is need to innovate and have something new for the business, "INNOVATION" is very important to business, it is need to be TRANSFORMED and more IMPROVED. We an innovate businesses and transforming it by switching gears, we should thing another things that will make you business famous and successful. The 4th business principle is (4) "there is no such thing as once in a life opportunity". For me this principle is very important. We need to understand that "OPPORTUNITIES come into our lives once. We should take it to consideration that we should grab every opportunity into our lives. The fifth key business principle is (5) "stop, stop, stop executing wrong plans".This principle is very critical. Businessman and businesswomen should know the right plans and wrong plans. They need to be aware to all plans that they will do. We can have right plans by having a good objectives. The 6th type of key business principle is (6) "Following your passion". Each of us has a passion. In business we should know what passion do we have. We should follow it, because once you contracct with it, you will fail for having a business successful. The 7th key business principle is (7) "Don't ignore your PROBLEMS". In business it is naturally problem comes. According to Jason Miles, we should not ignore it, face it and solve it. Because once we ignore it, it may be the cause of your business bankrupt and not be successful. The 8th key business principle is (8) Success is attained by surrounding yourself with quality people". This principle was stated by Jason Miles because, people around us can easily influence us. In business, we should surround ourselves to quality people and who are professionals when it comes to business. So when we surround our self with it, we can absorb and learn traits from them to have successful business. The 9th key business principle is (9) "Opportunities are liabilities not assets". In business we should take it to consideration that, opportunities is very very important. Because we can earn and learn from this opportunities that we have and we should know that these opportunities are liabilities, NOT ASSETS. The 10th key of business prprinciple (10) "Never ignore the size of your business". Many business people are very frustrated with the size of their businesses. They cant handle it because there are so many problems when it is big company or business. Jason Miles said, we should be strong and face all the problems that will come to you as a business person. The 11th Key business principle is (11) "success come by doing many things right for several times". This is how you will improve your skills, abilities and capabilities in business as well. We can attain success when we do things right for how many times and you will be familiar with it. The last key business principle is (12) "success is never GUARANTEED!" the last principle is very meaningful, we cannot attain success if we don't have to work for it. All success will be attain by experiencing hard things and problems that we should survived.

These are the 12 Basic Principles of Jason Miles.

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