Well when it comes to rules I believe peoples rules and regulation is so different and rules is based on your belief and attitude towards your business that you can follow.
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As complicated as this write up is,it's very important to note that business and rules works hand in hand,the expectation from every business should be guided by rules to avoid cheating the system.I checked the internet to see if there is any article or written textbook that state rules to be successful as a business owner. Something like a startup rule book. And rule #001 in the startup rulebook says that all founders must quit their jobs and work for free. Funny!
The dynamics of business makes it impossible to have such rules. You have to do what’s right for your situation
Have you seen any preset rules to be a successful business owner?
My friend, truly there are certain things you need to observe in any business, but apart from those things that are common to a businesses, I think you can do your business anyhow you like.I checked the internet to see if there is any article or written textbook that state rules to be successful as a business owner. Something like a startup rule book. And rule #001 in the startup rulebook says that all founders must quit their jobs and work for free. Funny!
The dynamics of business makes it impossible to have such rules. You have to do what’s right for your situation
Have you seen any preset rules to be a successful business owner?
If there is anybody that has told you in the past that the reason why do setup the business is not to make profit then that the issue is not a business because for all businesses the sole purpose of setting it up is to make profit.
I completely agree with you that a deep knowledge and understanding of the business that you want to start up is an added advantage to any business that you want to start up as that will make the business to mostly succeed.Exactly, which is why you have to know exactly how the business that you want to get into works, know its strengths and weaknesses in order to know how to take advantage of the business and exploit it.
Facts, following rules are very important it means you know what you are doing , but when you disobey the regulations it means you won't be able to handle it how its meant to be. Rules help's us in various aspect.Before you started the business,they were rules you made to guide you and this rules measure your disciplinary level. Change is dynamic just as business is dynamic,if for any reasons the rules are to be changed,then it should moderate the business.