Tuesday, March 22, 2011

THERE IS NO CRIME IN HUMBLE BEGINNINGS

A wise man once said, “The only things that starts from the top and comes down are rain and the grave”. This means that whatever business we intend involving ourselves in, starting small should not be perceived as a disgrace or fault from our side, but opportunity to grow and effectively develop the venture efficiently.
There are advantages in starting small which when considered makes sense and really would serve as a motivation, making one to invest his time and energy into whatever endeavor it might be. They are listed and explained below.

1- Ease in tackling issues:- When you start a business humbly (small), the issues that would arise as you go on with your daily dealings would be an easy nut to crack, by this I mean we would not be overwhelmed and sucked into problems that we cannot handle.
It is known that when a business is efficiently managed, it grows, and the managerial skills and ability grows, also faith in you grows. It makes it easy for you to solve whatever problem might arise on the job. As we know every business has its complexities and as long as it is operated in minimal form, it is easy to manage whatever complexities one experiences in the day to day running of the business.

2- Ability to recruit productive staffs:- Starting out in business humbly affords u the opportunity to personally interview your members of staff, meet and explain your vision and mission to them and also tutor them to the point where they would slide around their duties at glacial pace. This would also allow you know everyone’s area of strength and weakness and in turn affect tasks assigned to them for efficient running of the business.

3- Low running cost:- Daily running’s of a business could be expensive, but as long as the size of the business is small, the amount to keep it active remains minimal and it only grows as the business grows. At the time when cost increases, the business would have matured enough to provide funds for its daily maintenances. In the case where business scale is huge, the maintenance cost is also huge and if one is not careful, the business might die before it sees the light of day.

With all these, I have been able to highlight some of the benefits of starting small. I hope it serves as a guide when starting a business so that the business can survive.

No comments: