What you need to become a successful businessman
When entering the business arena, every entrepreneur strives to stimulate the successful development of his business in order to prove his worth in this area. But for this, it is…

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Ways to reduce costs
Every entrepreneur or business owner is constantly striving to increase profits and reduce costs when doing business. And in a difficult economic situation it is more than reasonable to constantly…

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The art of competition: the experience of Picasso and Matisse
The most famous rivalry in the art world shows us how competition can inspire and be productive. Pablo Picasso could not have created his masterpiece “Avignon girls” in 1907, if…

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How to build effective business relationships
The ability to competently build business relations with business partners, customers and competitors is one of the most important elements in an effort to organize a successful business and create…

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How to prepare for the sale of the business
Are you going to sell your business in the near future? Then for you there are two news: good and bad. Let's start with the bad news. If you plan…

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Listen to your customers

In case of possible failures in your business, you should not immediately climb on the wall. Just listen to the consumers, their opinion is your key to success.

At an early stage, small businesses are mostly naively fearless. For example, when launching a product, everyone knows that difficulties may arise, but not always everyone is ready for the scale of these difficulties. Take as an example a young high-tech enterprise launching a new product. It may encounter problems during the demonstration that no one expects. Failure of any function, failure of settings and the rest, with a probability of almost zero, occurs immediately after the launch of the product.

And it happens so because all the tests done did not prepare the goods for “real” users. The management of any company will be horrified in case of such an influx of trouble after the launch of the product. The main thing in the circumstances is not to try in haste to feather the problems, but to accept the existing shortcomings. Talk to your customers. Ask what defects they found. Think about how to improve the product.

When you take such a position, the mistakes and shortcomings of your product do not deter buyers, because they are ready for possible problems. Now consumers, like a team of experts. You openly and boldly stated the shortcomings of your product, and your buyer is your main assistant. Your client will be literally captured by the fact that they are no longer just consumers, they are now designers in some way. Listen to their opinion, because it is transformed, as it were, from meticulously picky to positive. Such feedback will not only return the course of production of your goods in the right direction, but also allow you to save on additional research.

Listen to the experience of your own customers. If you openly listen to the opinions and wishes of consumers, you will be able not only to create wonderful goods and services, but also to build long lasting good relationships that many companies are looking for.

When developing new products and services, you should certainly refer to your experience and intuition. But never miss the opportunity to learn the “live” opinion of the client, sharpen your ears. No one can know everything, but to listen to the wisdom of others is certain.

Do not doom your business to bankruptcy
Development and positive dynamics are good, aren't they? Mostly, yes. But for business too dynamic development can be fatal. In this article we will tell you how to avoid such…

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7 professional tips worth thinking about
It is a well-known fact that the one who loves to give advice needs it most. Often, such advisers can be painfully direct comments, but if you think about it,…

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Business Planning Tips
Business planning is an important factor for success in any endeavor. However, few small business owners are seriously worried about their business plan. Lack of understanding of the proper level…

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