Saturday, October 11, 2008

It’s not money that makes you a success in business – it is business skills

If you’re just starting out to be an entrepreneur, you should first develop your business skills. Normally, people who want to be in business start with the MONEY – “I need capital”. Overseas Filipino Workers (OFWs) are prime examples. They invest hundreds of thousands of hard earned dollars only to fail miserably in a business they thought would be great. What causes failure is their neglecting the development of their business skills. They worked so hard improving their bank accounts and not their “business-brain accounts”. If they had just spent time learning money management, marketing, and operations, their stories would have been different.

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