Energy required in managing and facilitating a business.

CALVINDOL

VIP Contributor
A lot of people are so afraid of establishing a business of your own possibly because they feel that managing and facilitating a business giving it the amount of time and energy that it needs will totally be so stressful to the extent that they wouldn't have time for themselves . If you are an individual having such mindset it is absolutely important that you throw away such a mindset because managing a business does not totally mean that you must spend all the time that you have in the world this is possibly because we are always advised to work Smart and not hard in business and in order to work Smart and business you can make good use of technology and modernization in your business and one of the best way to do so is by involving the use of machines and office equipment and the business in order to easily facilitate The smooth and easy free flow of business activities and practices possibly within the business organisation and outside the business organisation .

Although it may not be easy that managing and controlling a business is not easy and way more different from establishing the business but what actually matters is that the determination that you have in establishing the business totally determine how serious you will take the business to be .
 
A business requires a lot of energy to manage and facilitate. This energy comes from the introduction of new concepts, products, and services. It also comes from the ability to adapt to changes in the market and the environment. The energy required to manage and facilitate a business can be divided into three categories:

- Operational energy: This is the energy required to keep the business running on a day-to-day basis. It includes activities such as managing inventory, processing orders, and paying bills.

- Strategic energy: This is the energy required to develop and implement long-term plans. It includes activities such as market research, product development, and business expansion.

- Human energy: This is the energy required to motivate and inspire employees. It includes activities such as training, mentoring, and team building.
 

Vladv26

Member
Unfortunately it's not always about determination. Yes, you might have a lot of determination to have success but that alone is not going to build your business. You are still going to have to put in the time and effort. About working smart, I think this is misunderstood especially by people with no experience. Working smart is mostly available to you only when you get to a certain point in your business. When you have reached a certain level of succes and you can't do everything on your own anymore then you can look for ways to work smart. And that is by hiring other people and companies to do some of the work for you because you actually have more important things to do. So your time is worth more now than it is worth to pay someone to complete that job for you. That's what working smart means
 
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