es For All Entrepreneurs
Nishant Baxi
© Nishant Baxi, 2020
ISBN 978-5-4498-5739-2
Created with Ridero smart publishing system
Key Principles
For All
Entrepreneurs
Nishant Baxi
Limits of Liability / Disclaimer of Warranty:
The authors of this information and the accompanying materials have used their best efforts in preparing this course. The authors make no representation or warranties with respect to the accuracy, applicability, fitness, or completeness of the contents of this course. They disclaim any warranties (expressed or implied), merchantability, or fitness for any particular purpose. The authors shall in no event be held liable for any loss or other damages, including but not limited to special, incidental, consequential, or other damages.
This manual contains information protected under International Federal Copyright laws and Treaties. Any unauthorized reprint or use of this material is strictly prohibited. We actively search for copyright infringement and you will be prosecuted.
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Table Of Contents
Introduction………………………………………………………………..….pg 4 Chapter 1: Today Isn’t Everything, Really………………………..6 Chapter 2: Set The Goal Now For Tomorrow’s Benefit…….9 Chapter 3: Growing and Staying Green……………………………13 Chapter 4: Understanding Your Market……………………………19 Chapter 5: Trend Versus Trend Setting………………………….23 Chapter 6: Principal: History……………………………………………27 Chapter 7: Investing in Knowledge………………………………….31 Chapter 8: Growth Success Without Potential Waste………37 Chapter 9: Managing Money Principles…………………………….43 Chapter 10: Market For True Success……………………………….52 Chapter 11: Principles To Remember and Use………………….59 Conclusion…………………………………………………………………………….60
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Introduction
What does being an entrepreneur mean to you?
Anyone that is interested in finding true success throughout their lives can do so, with the right tools, the right amount of ambition and the knowledge to make it all happen. Yet, the entrepreneur, no matter which business he is in he must plan ahead and find success through much more than just these things.
To be an entrepreneur, you are not just looking for benefits right now. While you are sure to want your business to truly take off and do well in its first year, its infancy, it is just as important, if not more so, that the long term goals that you have match the need that you have as well.
In the long term, the entrepreneur’s world is much different and much more unique. To find true success, he needs to think of today as well as tomorrow-two fold.
How and what will you do to insure that your business, the one that you have worked so hard to make happen in the first place, is going to make it in the long term? Although this is not something easy to do, you can do it with skill.
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In this e-book, you will learn some of the most essential principals of protecting your business not only for today, but also for the long term.
As a new or aspiring entrepreneur, you did not think about what the future would hold because only today mattered. Yet, now is the perfect time to step back and to find out just what the best way to manage your business sin the long term is.
If you wish to have a business that allows for success and money in your pocket down the road, it is essential that you spend some time now planning for it to happen.
The good news is that you do not have to go to school or be a rocket scientist to figure this out. In fact, we provide a great deal of the information and resources that you need here, without any need to look elsewhere.
Of course, we also hope you are inspired to take the next step and to find the true benefit of your business by putting these things into action first and foremost. When you do these things, true success and money in your pocketbook is all that will matter.
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Chapter 1: Today Isn’t
Everything, Really
As an entrepreneur, your job is very detailed. You need to be the creative one. You need to be the boss. You need to hold the vision of your business at the head of each and every thing that you do for that business. But, today isn’t everything.
As a business owner, you must remember the fact that the long term goals and process of your business can only happen if you plan for it now, not in the day.
You have probably heard people tell you that you need to; «Live in the day!» As an entrepreneur, this is not possible and should not be the way that you hold your business agenda.
But, why not?
Most of the time, we would like to think that all we really need to do is to put together a plan and hold onto it. Somehow, things will fall into place. It has to. That’s all it can do.
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Yet, from a business standpoint, there is much more to think about.
For example, you may have employees that need the funds that come from your business for their day to day expenses.
You may need to take into consideration the overall benefits that you have in keeping your business going. What about your assets? Will they make it through the process? How about your cash flow? What will happen if something does go wrong?
All of these things are really only the tip of the iceberg when it comes to ruining a business in the long term. The bottom line is that you need to consider what your business will be like today as well as ten, twenty and more years down the road.
Think About This
Before we get started, it is essential that you understand two concepts of your business dealings. When you make a decision in your business, ask yourself these questions first and foremost.
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– When I make this decision, what is the short term and immediate effects of doing so? How does this affect my business today?
– When I make this decision, what is the long term effect of making this choice? How will this decision affect my business months and years from now?
When you take the time to carefully consider decisions that happen in front of you, you put yourself
