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Thread: How to be a successful businessman?
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[quote=GUEST22676,434831] Courageous One has to deal with a number of problems in the business. Sometimes, there are conflicting demands from different sides. The consumers, employees and government want the businessman to considerate to their demands. He has to reconcile various interests. The courage and foresightedness of the businessman will help him to take important decisions. He should not feel helpless in the face of difficulties. Business is not an easy task these days. Only those persons will be successful who will have the capacity to face difficulties with a smiling face. Initiative and Decision-making Power A businessman has to tackle many problems every day. He has also to take decisions. He should have the ability to decide things at the proper time. He has to channelize the energies of the group in a bid to achieve organizational goals. He should take initiative in tackling various problems and should take them as a challenge. Cordial Relations with Employees and Customers Customers and employees are an integral part of the business. He should tactfully deal with their problems. “Customers” satisfaction is essential to stay in business. He should try to understand the likings and disliking of his customers and should try to satisfy them. He should also try to understand the difficulties of his employees. They should be given incentive for doing more work. Cordial relations with employees and customers will help him to build up goodwill for the business. Assumption of Responsibility A businessman should assume responsibility of various activates of his subordinates. As a leader he exercises all authority and responsibility. He should try to shift burden or responsibility on others. The subordinates should not feel let down in the movements of trail. These qualities will give confidence to the employees and they will face things more courageously. Disciplinarian Discipline is an essential trait in the personality of successful businessman. He should give a lead to his employees. He should follow various rules and regulations strictly. First, he should be disciplined, only then he can expect others to be disciplined. No organization can work without discipline. Adaptability A businessman should be able to adjust according to the situations. There may be a frequent change of situations. He is expected to face a few challenges with courage. He should not lose heart and should be able to adapt to new environments. A busies cannot be operated under static conditions. All types of changes are witnessed in business activities. The changing business world demands dynamism in the businessman. So good businessman should be able to a just himself according to the necessities of the situations. [/quote]
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