Thinking Like a Business – Part One

Home Businesses

Many people have said that business owners don’t think like regular people. I’d hate to say it, but I’m going to have to agree on this one. People who set up and maintain profitable businesses are thinking in such a way that far exceeds the typical “employee” mindset. After all, managing a successful business is neither easy nor stress-free.

To set up a business takes a bit of courage, determination, and a solid idea of what you want that business to do and how you want it to do it. However, it also takes creativity and a bit of “out of the box” thinking in order to make that business a hit. After all, how many millions of home-based businesses are launched every year, and how many of those actually wind up being a success?

Putting aside cookie-cutter businesses, such as Quixtar or Melaluca, one quickly finds out that there is much more to a successful home based business than a good product or a fancy website. So many different variables come into play, such as marketing knowlege, human relations, networking, and relationship building.

So what does it take to think like a business? Is it real world experience, trial and error, or the help of a good book? Whichever it is, you can get that it didn’t come from laziness and poor work habits, nor did it come from emulation and everyone else.

So I suppose that’s step one: realizing that you have to have something useful or new to offer an already-crowded market. Once you’ve got that down pat the other elements, such as marketing or product awareness, are simply a matter of filling in the blanks (so to speak).

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5 thoughts on “Thinking Like a Business – Part One

  1. Just this week I wrote a similarly titled post, slightly different content:
    How To Think Like Management (And How Doing So Can Help Your Career)

  2. That reminds me of something I heard from Robert Kiyosaki. In one of this books, he talks about how you can identify an entrepreneur from the words he/she uses. For instance, if a person uses the words like “security” and “safety”, then they’re still stuck in the “worker” mindset.

  3. I have to agree with this, I would really like to work for myself, but I don’t think I really have the aptitude for it. For one thing I am risk averse… I also don’t like sharp practice and am not that competitive… that said, I do work hard and am very persistant… maybe that will see me through, have to see !

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