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Self-Discipline and Business, The Customer Is Always Right, The Purpose of…
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You Must Be Better
Because of the aggressive and determined nature of your competition, in order to simply survive, you must discipline yourself to be equal to or better than your competitors.
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To increase your probabilities of success against such competition, you must make every effort to out-think them.
When you start a business or a new venture within a business, you require the discipline to do your homework thoroughly, in advance.
You create a complete business plan before you start operations, and you continue to update it and revise it every year thereafter
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The Law of Competition
. It requires tremendous focus and discipline to do the things necessary to attract the scarce money of customers toward purchasing your product or service.
You must be completely honest with your product/ service mix to ensure that it is well suited to the current market.
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Know Your True Costs
You need the discipline to determine accurate costs and the properpricing of your products and services.
It’s amazing how many businesses are selling products and services at a loss because they have never accurately totaled all the costs of bringing that product or service to market in the first place.
You need the discipline to develop a customer service policy, one in which you treat your customers so well that they become loyal to you and choose you over any of your competitors.
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