THE 7 LAWS OF SUCCESS

The law of success
Success is the ability to achieve a set target,  goals or objectives by an individual,  firm or an organisation.  Everyone desire to be identify with success.  As it is always said tell me a man of success and I will show you a man who has attain height in life.  Though everyone desire success but only few attain it.  This is due to the ability to adhere or otherwise not to adhere the simple principle guarding success.
Below are the principle or laws of success
💄. Set goal: goal is a substance of success.  Once there is goal, success become a step to reality.
💄. Availability: having set goal,  all that is needed to achieve success including you,  must be made available.  This will able commitment and assertiveness toward  success.
💄. Take the risk: fear of the unknown has kept many at bar from success.  Anyone who desire success must be ready to " eat the frog" the greatest risk in life is " not taking risk" take the risk and learn even if you failure. Failure is not the end but an indication that you can do better.
💄Set time: 'to everything there is a set time...' your goal must have a set time for achievement, otherwise what we call  success might not be because  it is behind  schedule.
💄Get expose: ' get wisdom, in all  get understanding'. The success go for knowledge. You must read, research and be ready to be taught  if you must succed.
💄Measure  current success with set goal: 'examine yourself... ' you must measure where you are now to where you want to be. This enables one to ascertain if set goals has been achieve.
💄Pressing on ' you must press on'  never be away by past achievement. Set new goal and keep firing.
Success is what everyone desire to be identify with but only few attain it.  Having examine laws

6 PRINCIPLES OF MAKING MORE PROFIT IN BUSINESS

HOW TO INCREASE PROFIT IN BUSINESS.

Apart from satisfying the need of the customer, it is the desire of every entrepreneur to make profit and continue to increase its profitability for the sustenance of the business. A business is likely to fold-up if not liquidate if there is decrease in its profitability but worse still when there is huge loss at the accounting year. After intensive research and consultation, we were able to gather the below guides that can help a business to increase its profit so as to be able to stay put in business as well as meet the expectation of its share-holders.

1. Find the need: ‘In scarcity there is opportunity’ -anonymous. There is need to find out what the customers need. For example in a higher institution, students need to make research, type their assignment and embark on other academic activity. A business opportunist should be able to establish cyber-café business centre where student should be able to do their online stuffs. Also you can discovered that accommodation is also a major issue in such environment, then as a business man there is need which should be provided and by this you make your money. So at every place and time an entrepreneur should be able to dictate a need that should be satisfied. Another example is a neighborhood where people are working class which may not grant them the chance of taking of their children. Such is also an opportunity for baby-sitting. What of an environment where pipe-borne is uneasy to come by, one can establish a water factory at such area and make profit. So for a business to increase profitability there is need to find out what need is to be satisfied.

2. Render quality service: service should not just be rendered but must be seen to be of high quality. Taste, choice and lifestyle are tripod that changes in the business world. No customer will settle for less. There are varieties of choice as competition continues to increase. As a business entity, there is need to research on the latest brand so as to enjoy your customers continues patronage. Excellency should be the watch-word, of any entrepreneur. For example if you are building a house for rent, these parameter should be considered: electricity, borehole, security, materials used for building etc for a qualitative accommodation. So to every service provider, there is need to render a quality type for higher profit.

3.  Sell at affordable price: In as much an entrepreneur is in business to make profit, there is need to sell at affordable price. There is competition in the market, customers only patronize the product that they can afford. For example, at things being equal, if two water factories sell at N200 and N250 dollar respectively, customers will buy the affordable one. An entrepreneur must ensure that the business product must be affordable.

4. Sell at discount: ‘The more you buy the less you pay’ an entrepreneur must offer discount to customers that buy more of the business product. This will attract more patronage from the customers; hence increase profitability.

5. Minimize bad debt: even though selling at credit is one business strategy that increase sells; but an entrepreneur must ‘pursue his creditors’ using every available strategy to make creditors to honor, their promise, even if is to offer them discount for paying earlier.