2 major Key factors for Starting a Successful Business

This days lot of people are starting businesses and there are many people who are still planning to start their business which is very good and wonderful but at the end some of the business crash and some of the business are suffering from one problem or the other. 

Major reasons why some business fail and some succeed

So i had to go and do some research and studies then i found out that the major cause to the reason why people's business fail and why some are successful is 

1. KNOWLEDGE
2. ACIION

KNOWLEDGE
First of all what is knowledge knowledge is a knowing or awareness of something. someone, or somewhere in other words that is receiving new information about something. someone, or somewhere. So this is the most powerful reason why many people succeed and why people fail in their businesses, Many people just want to start their business and start making money but they don't want to get knowledge on how to start business or the requirement needed in starting a business, in order for you to start a successful business you need to get knowledge study, read books on business so you can get knowledge on how to start your business, how to be successful in business, why people fail and succeed in business, how to sell your products and services etc even if your business is an online or a local business you still need knowledge i have found out that many people that are successful in business they know enough things about business this are people that read a lot of books they go for seminars just to get knowledge, you need to get knowledge before looking for business ideas your ideas without knowledge is equal to bad ending for your business, by the way i will recommend you to read this book by robert kiyosaki it's titled "rich dad poor dad" a book for both new and old business owners it's a guide for you before starting your business.

WHY KNOWLEDGE

The reason why you need knowledge is for you to avoid unnecessary pitfalls and to change the way you think because if your mindset is not transformed to think as a business man or woman then you will not be able to manage your business properly, many people after starting a business when the business is not going as excepted they just quite and say this business is not good and they go to looking for a job, but successful business people most of them failed a lot before making it cause when they failed their mindset did not fail so they look for the reason of their failure and they dealt with it and apply other business strategies one of the biggest failure in business is the failure of your mind if you do not equip yourself with knowledge then they is really a big problem.

There are more to say about getting knowledge but i believe i have hit the main point which are transforming your mind and knowing what to do and how to do what you want to do in business i know that knowledge never ends but try as much as possible to get the required knowledge needed.

2. ACTION
What is action, action is the work done after reciving knowledge for example let say you are in a desert and you are teasty for water and you have a knowledge that every leave that grows in the desert has water in them, that you already know but when you see any leave in the desert and you choose to ignore it, it means you are choosing death over life because you already have the knowledge that every leaves in the desert has water in them and you refuse to take action by taking the water from the leave.

The truth is knowledge without action is bad for business it might even cause the destruction or downfall of you business and yet people are still refusing to take action base on the knowledge they have aquired

Conclution

So now that you have learnt and gotten the Understanding of How The Power Of Knowledge And Action Can Help You To Start a Successful Business i hope this content was helpful and informative to you, if it was please don't forget to like and share this content to others if you have any questions you can ask me in the comment section below and i would be glad to answer you.