Now, find ways to offer value. Remember, the key to success in business is to offer value in some way. The key to finding a new product or service is to look for something that represents genuine value. Seek a product or service that makes a contribution to the quality of life or work of the customer. The basic rules are: it takes about two years to break even in an average business, and it takes two more years for a business to show a profit. Businesses only become profitable at about the 7th year after the beginning.
Henry Ford once said that the two most important requirements for success in business are foresight and patience.
And the person who lacks patience lacks the critical qualities of success.
The journey begins by seeking products or services that enhance customers' lives or work. ?
By prioritizing value creation, you build trust and loyalty with your customer base. They'll see you not just as a provider of goods or services, but as a trusted partner who genuinely cares about their well-being. Moreover, offering genuine value sets you apart from your competitors. In a crowded marketplace, where customers are bombarded with choices, it's those businesses that go above and beyond to add value that truly stand out.
CREDIT: Brian Tracy Official
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