DOS AND DON"TS IF YOU WANT TO BE SUCCESSFUL BUSINESSMAN OR INVESTOR

Today I would like to share some of my views that what should we do and do not if we want to be successful businessman or investor.

Q: What should we always Maintain?

Ans: Integrity, it always become us successful 

Example: Do you know what is the reason behind the dispute between Mr Ratan Tata and Mr Cyrus Mistri?

When Docomo and Tata associated, Tata promised Docomo that whenever they want to leave Tata, Docomo can take X amount immediately. As after some time Docomo wants to go back< they told Tata to find some good buyer, but Tata was unable to find the same. So Docomo decided to take back their money, but at that time Mr Cyrus was on seat and he told that there are some issues to give back their money, So Docomo had to go to court and filled a court case against Tata. This incidence gave a setback to Tata and Mr Ratan Tata only asked to Mr Mistry that had we promised to give their money back or not?But Mistry did not agree, then Ratan Tata dismissed him from all of his Companies and in a single day Docomo"s dispute was settled out of court. It is called integrity.

Q.What should we always Value?

Ans: Our company Brand value.

Example: Spice jet was founded by two partners, but after some time  one partner left the company and was running by single one, after some years, company was in very bad condition and in bankruptcy.Then Mr Ajay kumar who left the company told his partner that i would again run this company but you would  have to go out. He had again set good standards and  today all knows how Spicejet is growing.

Same as Mr Narayan Murti always says Infosys is my child.Both of them given great value to their Brands.

Q:What should not we do?

Ans: Bad intention

Example: Promoter of Kingfisher Airlines deliberately did all bad things like funds transfer to other subsidiaries and given loss to company. Due to this Kingfisher Airlines got finished as well as its good branded companies like United Spirits had to face bad time and their Management decided to get out to Mr Malya. And also many willful defaulter like Promoter of Skumar nationwide, Gitanjali jems.

I have written a short blog with practical example  so that you could read easily.