Lastest News

Don't stop, keep going is the way, regardless of whatever you do. You can accomplish objectives in motion but while stopping you loose whatever you already have. SAQIB OMER SAEED  - - - UAE Properties have still a lot to offer, game starts from where it stop, big player is the one that stays. SAQIB OMER SAEED - - - Wishing everyone a happy NEW ISLAMIC YEAR. SAQIB OMER SAEED

 

 

 

 

The business goes with human mind and ideas.

 

The more you can think the more you can do.

 

But there are certain limitations to limitlessness of human thinking.

 

If you are sitting on the bank of countless opportunities, you must be desperate to plan. But “how” is far important than “what” in this planning process.

 

Generally we ignore some key aspects while planning expansion or aggression:

 

Have a workable idea

Yes, at point we can have a very good idea. But technical workability of that idea is of vital importance. It is not always a case that a person who generates raw idea would have expertise to evaluate technical viability of that idea too.

 

It is always recommended to have a person or a team that can work practicality of the idea on technical grounds. Business is not merely a name of fulfilling wishes or desires. It is more about having a concrete sense of happening that can generate profits and value.

 

In this regard businessman has to be clear enough that in business we are not there to do adventures rather a venture between idea and her practical significance.

 

Have your calculus right

It is not merely about idea or its technical viability. It is about how good “the practical idea” is to generate profits and value for the concern.

 

And sometimes it is not simple to the extent of the profits in isolation. It has to be more than current profit making affairs of the company or business.

 

It is indeed related to the cost of finance and alternative cost that you are incurring to pursue the aggression on the new affair in the line.

 

Have everyone feels success in it

Many times a practical idea with sound financial calculus fails because it can’t communicate to all the stakeholders that it is the future, the future for everyone.

 

The most sensitive stakeholder in this regard is your team (employees). Whatever you plan and whatever you desire to do in business is highly correlated with the sense that is prevailing in your team.

 

It is indeed necessary to take everyone on same page while doing anything. Generally a solid thing that can be done goes fail when the people responsible to execute have no conviction to do so.

 

It is indeed necessary that people concern must see their personal, financial and career growth in your idea otherwise it is nothing except a waste.

 

Have enough space to fit it in

It is really important that you provide enough space to the new affair in your existing setup. If the space is not there in existing settings, so firstly it is essentially required to broaden the space.

 

Nothing big in the world can be fixed in inadequate space! If you will try to do so then you will lose what you have and having what is not there is certainly out of question then.

 

Space means incremental infrastructure (human resources, finance, workplace, and logistics etc).

 

Adding workload on existing infrastructure to the extent that they will get exhausted cannot work for long.

 

It is vital to have right people for the right job and adequate people for the job. The formula goes same for all other resources deployed to ensure success.

 

Have commitment and determination without being over excited

Business is not an intercourse that drives pleasure in you, even when you are thinking about it. Business is a tough job that can only give pleasure once it is summing up successful.

 

Don’t get over excited, keep yourself calm, show determination and commitment and stay sober. Over excitement generally make you distracted so that you ignore a mountain standing before you while counting small stones.

 

The caliber of businessman can easily be judged by the way he deals with himself in the process. And as everything communicates so can be watched. So don’t give anyone an opportunity to decode their interests from your interests.

 

I can simply conclude that big plans need big efforts, sound planning and accounting for everything that can happen.

 

In business being sensible is the first call before getting rational.

 

 

 

 

 

 

     

 

 


Comments Facebook Retweet Share Email Print
 
Be first to comment
Leave a Comment

Name *

Email *

URL

Comments *

 
 

Mr. Omer

Mr. Omer [1982 born] started  his professional career as a commercial / investment banker after achieving Gold Medal in Finance at master level from University of Karachi in 2006.

Latest Poll
Is Pakistan's economy growing?

DON'T KNOW

NO

YES


About Us
  • BIZOMER is a concept that carries the will of promoting knowledge, analysis and mobilization.