Reality Management Theory --- Money Rules
Business owners must learn about money and know its cardinal rules. As you run your business, you have to be careful with your money, be prepared for risks, be cautious and bold. Money is the energy that drives business. Where and how energy is used can greatly change the course of business. In order to succeed in business, it is necessary to know the cardinal rules of money and to practice those cardinal rules firmly.
How to raise money: Business owners must know how to raise money. We have the know-how to borrow money or to solicit investment. It is important to know how to collect money in order to keep the business running and cash flow healthy.
How to spend money: Business costs money. Where and how you spend your money can make a big difference to your business. Business owners have to be very careful about how they spend their money.
How to save money: You want to be rich when you run a business. Even if you run a big business, it's not uncommon to end up with no money saved. Learn how to save money so that you don't end up poor.
How to borrow money: Getting a loan is also an important option for expanding your business. The future business situation will change greatly depending on who borrows, how much, and for what period. Managers should also learn how to borrow money.
How to make money: What does it mean to make money? what to do and what not to do Surprisingly, many people do not know how to make money. If your business isn't going well, learn how to make money from the basics again.
How to distribute money: How to distribute earned profits is also an important issue for managers. Complaints and dissatisfactions arise from many people, even in companies that are making money, such as employee salaries, executive compensation, and returns to investors. Learning how to distribute money is also about managing people's grievances.
How to invest: It's a little risky if the management thinks "I will invest if I have surplus funds". Investing is always necessary. Whether you invest in stocks, businesses, or people, your investments determine the future of your company.
In order not to be ruled by money: Money is important for management. But it's not good to be constantly haunted by money and let money rule your life. Learning the golden rules of money also means taking steps to stop money from controlling your life.
As a manager, you must always be aware that you are a merchant. Be humble, lower your back, considerate, and aware of customer behavior and changes. Our business is successful only when we are pleased with our customers and chosen by them. In order to succeed in business, first and foremost, it is necessary to manage the business so that it will be chosen by customers. In order to be chosen by customers, it is important to know the iron rules of merchants and to practice them firmly.
Business owners must learn about money and know its cardinal rules. As you run your business, you have to be careful with your money, be prepared for risks, be cautious and bold. Money is the energy that drives business. Where and how energy is used can greatly change the course of business. In order to succeed in business, it is necessary to know the cardinal rules of money and to practice those cardinal rules firmly.
Managers must learn about management and know its cardinal rules. Management is the management of money, people and information to run a business. You can't run a business without knowing how to manage money, how to move people, and how to manage information. In order to utilize money, people, and information to maintain and develop a business, it is essential to know the iron rules of management and to practice those iron rules firmly.
Managers must know the iron rules of management and must practice those iron rules firmly. At the same time, managers must "break iron rules". The world is not an easy place to run a business just by following the golden rules. Managers need to dare to break iron rules and run their businesses in an insane way. There are iron rules for breaking iron rules. In order to succeed in business, let's know the cardinal rule of breaking the cardinal rule.
Managers should never be satisfied with their abilities, powers, or the status quo. You have to realize that there are people who have better ideas than you think, people who have more power than you, and there is a world above your current situation. Acknowledging that you are an idiot is a necessary condition for being a manager. In order to always aim for the top, let's realize that we are fools and keep learning.
People are the most important thing in business. Managers must listen carefully to what people say and observe what people do. People's thoughts and actions greatly affect the direction of business. A manager's value is determined by how deeply he or she listens to what people have to say. You can also find business tips by observing how people behave.
We live in some society. When you start a business, you have to observe and understand the society you live in. The rules, mechanisms, and structures of society have a great impact on business. Managers must have a good understanding of how society works and use the know-how effectively in their business. At the same time, managers are required not to overlook changes in society.
Business is greatly influenced by the state and its politics. States and their politics can sometimes act against business. Even so, managers shouldn't just complain about the country and politics. Rather, they must devise ways to develop business successfully within the nation and its politics. The state and politics have a great impact on business, so managers need to pay close attention to their movements.
Business is often greatly influenced by international affairs. Not only industries that are strongly influenced by foreign countries, such as trade, tourism, and airlines, now most businesses cannot avoid being affected by the international situation. Managers must keep an eye on the international situation and its changes, and must quickly respond to those changes to transform their businesses.
Business is risky. Business owners want to avoid risk as much as possible. However, to achieve great success, we must not just run away from risks. For business success, managers must face risks and think about how to manage them. Underestimating or overestimating risks will prevent us from responding appropriately. But the biggest danger is that managers are unaware of the risks.
Managers must learn about intelligence and use it to develop their businesses. Knowledge and information are not useful for business on their own. In order to successfully utilize information in business, there must be intelligence. Let's learn the basics of intelligence firmly in order to succeed in business.
Japanese management means peaceful and friendly management. Listening to people, helping each other and cultivating a sense of camaraderie, respecting people's intentions, and moving forward with big dreams, slightly higher goals, and lower quotas. The point of Japanese management is not only to bring out the abilities of people, but also to increase the number of collaborators through mutual help and camaraderie. Managers should learn Japanese management and aim to create a cohesive organization.
In business, it's important not to lose sight of reality. If you turn your eyes away from reality, you can't even grasp exactly what's going on. You can't make the right decisions if you don't know the reality. By seeing the reality firmly, you can see what you should do now. In order to move the business in a better direction, it is necessary to look at the reality firmly.
