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What is/was the MOST important lesson you've learned in business?

EWRECK

Verified Customer
Registered
Verified Customer
Joined
Jul 20, 2011
Messages
462
Always be honest with your customer/clients. Never do something half assed.
 

beverast

Member
Registered
Newbies
Joined
Dec 13, 2011
Messages
54
In a better world it would be something like "Always be honest", "Treat your employees well, they're the source of your wealth", "Take resonsibility for your mistakes and learn from them" or some such.

In reality I think it is:

Know the limits of your bullshitting skills. Know how far they can take you - and know when it's time to stop. Whether with customers, coworkers, or superiors. Don't play your hand too early, but know when to quit.

Don't compromise when you don't need to, but don't be a bastard, either.

If the guy/girl working across from you making a third of what you're making could have your job, they'd throw you under the bus in 2 nanoseconds flat. Don't give them an opportunity.
 

kreativsniks

New member
Newbies
Joined
Apr 16, 2019
Messages
18
1) People like when they have a choice, it doesn't matter if its real or not (i.e. Pepsi vs Cola). if you a hustler of some sorts,give your customers stuff to choose from
2) Peoeple like discounts. Especially they like them if they think they "negotiated" the price. Decide on the discount before and let the customer feel like he made you to discount.
3) The difference between two 'identical' products is service. be that extra service.
 

Creep

Member
Registered
Newbies
Joined
Oct 22, 2018
Messages
56
Quality vs quantity , offer a superior product, whatever it may be even if the price point is higher rather than offer a sub par product at a lower price point
 

worldspan

NPC Judge
JUDGES
Registered
Joined
Dec 23, 2004
Messages
284
In business on my own 41 years. You have to be a professional ass kisser with your customers even when you are inclined to just chop their heads off!
 

Pheedno

Active member
Registered
Joined
Jul 3, 2005
Messages
499
Don't spend more than you make.
Reward and back your employees.
Don't spend more than 25% gross on rent.
Pay the experts over losing money long term doing it yourself(accounting, legal)
Enjoy what you're doing
 

mpjuice

New member
Newbies
Joined
Jan 25, 2013
Messages
28
When doing sales. You don't want you sound like a salesman, be a advisor. know your product/competing products and industry better than your customer and your competition.
 

tripleOT

Kilo Klub Member / Verified Customer / Sponsor Rep
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Dec 9, 2016
Messages
2,928
Never put all your eggs in one basket. Always have multiple contracts with multiple clients. Work for one customer and when that ends then what? The flip side to this is never bite off more than you can chew.
 
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