Start and Own a business requires a lot of Knowldge.

@sdas86 (6076)
Malaysia
November 22, 2008 8:55am CST
I think that starting and owning a business requires a lot of knowledge. Managing a business is not an easy task. We need to think hard for the best solution and the best way to make our business grow. Do you think starting and owning a business is an easy task? How do you manage your business?
1 person likes this
2 responses
@bjcyrix (6910)
• Philippines
23 Nov 08
Yes it does. Everything in business needs a lot of thinking and going through it with just the thought and determination to make it wont cut it. Sure determination and passion in putting up a business is needed but if the business itself isnt that sustainable, then it will be all for naught. It is definitely not an easy task no matter how you look at it. Sure, it becomes easier over time especially when you know the ins and outs and what you need to do exactly but still requires a lot of work. I manage my student business (the one integrated into the curriculum) by making sure the records are clean and straight since at the end of the semester, its what the profs would be looking at as well as the participation in various school functions and trade fairs.
@sdas86 (6076)
• Malaysia
23 Nov 08
Hi, Yes, thinking is the most important part of a business. I never tried to start business and sell stuff before. I think that it would be a great experience.
1 person likes this
@bjcyrix (6910)
• Philippines
24 Nov 08
It is a great experience but its a learning experience. Its not that 'peachy' everytime but when things are good, its not just good, its great. Thanks for the mark.^_^
@sindhu88 (306)
• India
23 Nov 08
According to me lots of practical knowledge should be there to start business.It is not tat easy task we shud have ability to cope up with any situations.Decesion making plays a major role also u should have managing resources.
@sdas86 (6076)
• Malaysia
23 Nov 08
Hi, Yeah, you are right. Making the right decision is very important for a business.