Full Business

What Is Business Sense?
 

By Eric Okeke

What is the principal thing you need to succeed in your business today? Money. Sure, you need it, but it is not the main ingredient for success. People .Of course they are necessary, but having them may not guarantee success. Excellent products or services. Well, this is a must to succeed. But you may have them and still not succeed. Promotions, visibility, marketing. These factors lubricate your business activities for success. So what is the principal thing?

Take this from the book of Proverbs. Wisdom…

by Philip Yaffe

“I know that half the money I spend on advertising is wasted. The problem is, I don’t know which half.”

This succinct resume of the advertiser’s dilemma is often attributed to John Wanamaker, the department store pioneer. Some people prefer to give the credit to Henry Ford, the automobile pioneer, or other favorite business giants. Whoever said it first, it is certain that it has been said thousand and thousand of times since.

The significance of the observation is nothing short of astounding. These are people whose business is investing and harvesting financial assets, yet when…