10 Rules Of Wisdom
There are some unsaid rules to wisdom that every entrepreneur should live by. Maintaining a good rapport with people working under and above you is essential. That is the mark of a wise businessman. If you're one of those who frequently mess up inter personal relations with your employees or infuriate your boss, you better read on.
There's a reason why a leader is called so. No task is basic. There is nothing too small for you to do. If you cannot step into the pit and show'em how it's done, you're most probably the one nobody listens to. Step up and prove your credibility.
Your mind works the best when calm. If you just lost a contract to a rival company, your best employee just presented to you his resignation, you forgot to pick your child up from the crèche and your wife just phone-punched you; maybe right now is not the best time to make that important business decision. There's always time for a glass of water and some fresh air. Clear your mind and make wise decisions not uninformed ones.
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Make promises only when you can keep them. People who are on the receiving end of an unfulfilled promise find it hard to trust the oath-breaker again. Backing off from your word could make it difficult for people to depend on you. Don't be the boss whose voice moves out of the second year even before it enters the first one. Do what you say.
Nobody wants to hear something that they cannot gather anything from. If you have something smart to contribute to a discussion, put it forth. Otherwise, save it for Rakhi Sawant's talk show.
Some time or the other, you will face dilemmas that may bowl you over. People might misguide, rivals may prosper. But always trust your gut. You're endowed with equally big organs as your rival, the ones inside your head at least. You've made yourself what you are and only you can take yourself ahead. Solutions never came easy, anyway.
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Never set your heart on the final outcome. Your hard work will pay off, some day if not today. Once you lower the hope bar, the result would never leave you disappointed.
Most business plans require monetary investment at first. That's how it works. Accept it. Do not be apprehensive about investments if you are confident about the plan. Invest smartly. Consult experts that can help you earn it back and even more.
Nothing erodes a rival's confidence more than fear. Strike them in a way they never forget.
