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Showing posts from July, 2024

Does Education help in Business?

There are three types of Business Education. -Formal Education -Informal Edication -Semi Formal and Semi Informal Business Which is the most  succesful model? The Formal Business Education  "steals" from the practical Business their successes and  learn from others  failures It is perceived  as a Road Sign. Informal Business Education Such a Person  learns from others and their mistakes. Everything  here  is  Practical.This business is 80% gambling and get  60-70% returns. Semi-Formal and Informal business. This person is got  a basic knowledge  of Business  experience. Good  Season It is when  the Business flourish.It also depends in which  country you belong to.In USA  July,September   are the best time.In South Africa  December  is excellent.  In UK is Christmas  time. Bad Season In South Africa January and June are bad months.In Europe  July to August are bad month...

Lion"s Share

Irvin  had good ideas  of making money. His problem, he did not have money but he sold his idea to Frank. Frank built a small cafe.He then he remembered  that Irvin did  not have a job. He hired  him As the  bisiness was growing,Irvin grew with  despondency.He voiced out that  he could not meet his family  needs.Frank asked  him to enlist  the  areas  which Irvin cannot   cover  financially.Irvin asked for 2 days  so that  he could enlist them thoroughly. Irvin  asked his wife to write  down everything  which he  needs: She came with the  following  list: $1.000 curtains  $3.000 for Food $2.000 school fees $2.000 transport  Irvin took all the above figures to Frank. After studying  those figures,Frank said "You know  how much we make  per month.So, this cafe cannot  meet your needs." Instead  Irvin did  not leave his  Job.He...