Type of Knowledge you need to be successful in doing business.

[Smiles20]

You are going to be successful in business if you have somebody who usually likes to listen to customers or general feedback about something in particular.

 

[Chibson]

Every business venture requires some kind of knowledge for you to be successful on them. As a business owner you must have a very good managerial qualities because it can make you to direct your employees to work well.

 

[Sincerem]

Being a manager or owner of a business doesn't mean you will have to be complacent and relaxed in it because you have people working for you. Hardwork should start from top down to show example to everyone else in the organization.

For me , I understand the function of a manager to be a director, guide and leads how duties and responsibilities should be executed in a business organisation.. They doesn't have to stress themselves physically on normal circumstance

 

[Godspower]

For me , I understand the function of a manager to be a director, guide and leads how duties and responsibilities should be executed in a business organisation.. They doesn't have to stress themselves physically on normal circumstance

Okay I really understand your point now. A manager will always hand down instructions to subordinates while he supervises them. However, there are times he practically shows the staff how certain things are done.

 

[Chibson]

mindset is one of the major things that makes people to be successful in business. You need to actually believe that you can become very successful in business and you need to work hard towards it.

 

[Sincerem]

Okay I really understand your point now. A manager will always hand down instructions to subordinates while he supervises them. However, there are times he practically shows the staff how certain things are done.

Lolz, this is true in most cases. Yes on rare occasions. Anyway it is not really easy to be a manager and anyone who thinks it is just for you to organise a business might not understand. There are other functions we might not have an understanding about.

 

[Chibson]

succeeding in business requires some level of knowledge and understanding of how that particular business works. You can acquire this by interviewing those who are already in such a business. You also need to repurpose your mindset if you really want to become successful in business.

 

[Vinsane]

Persistence and research are the keys. Nothing happens overnight it will take time and effort!

 

[Swazykid4all]

You must be a good listener and try to find out what is the major need and plight of the people you're coming to serve, you must be honest and truthful as well in other to succeed.

 

[Sotherefore]

You Just need to have an understanding of the business you are thinking of establishing , that is the most important thing. Apart from that experience can also help you achieve a greater business success but this can be build over after a certain period of time.

 

[Good-Person]

I think that you must possess the right knowledge about the product that you sell. You may be asked many questions by the customer in regards to your product. if you fail to answer them, then your image will suffer.

 

[Robust]

At this moment there is no any big deal that one more be knowledgeable before becoming successful in his or her businesses. The only thing is to have capital full with ideas.

 

[Syldan]

Actually book knowledge is also very important but not necessary, marketing knowledge, and building skills knowledge are all good. though not all educated are into business and there are some that don't have the book knowledge but are doing great.

 

[tyrim88]

The knowledge you need to run a business should be from as many sources as possible and even when you are already into the business, you keep making research on how to improve on yourself and your business

There are many things that a new business owner should know,he should be able to understand the market and what the potential customers really need and then strategise on how to solve these problems.

 

[Grant]

For one, having the knowledge about business would be a good start. With no knowledge you're not going to get very far. It's not like anyone can start a business right away. It takes planning, and knowledge, and takes time as well. Most people who start out, will take years to make it where they want to go. I would suggest going to college, and learning business. Taking online courses even. There's many places online you can go to, to find places to learn about business and management.

 

[Bigron]

There are four types of knowledge:
book knowledge, reading what people wrote down;
market knowledge, learning the competitive market inside;
business knowledge, how to design enterprise and execute;
building and selling experience.
What type of knowledge do you think you need to be successful in doing business?

To run a successful business, you must acquire as much knowledge as you can regarding the business, how to operate it, the pros and cons of the business as well as other factors

 

[Smiles20]

You are going to increase your chances of becoming successful in business if you know about technology and how to use them. The world is not becoming about innovation and you should know how to use it.

 

[Shigobad2020]

There are many things that a new business owner should know,he should be able to understand the market and what the potential customers really need and then strategise on how to solve these problems.

Before getting to the knowledge used in business , we need a good business idea and a good business plan to be able to make a succesful business outcome and you also need to know about the business.

 

[Mighty]

The truth is that For one to be successful in any business, you must know how the business is runned and also the do's and dont's of the business. For a successful business discipline, hardworking and adorable commitment is very required.

 

[Agbalagbaa]

If you really want to earn money online you are expected to have a good skills set,if you don't have a skill set you can only earn peanuts, if you want to earn enough money I'll advise you to have a skill set.