The role of perseverance in business

Mandy96

Valued Contributor
As we all know that nothing good comes easily and when it start to seem too good to be true then a smart person should know that something is going wrong somewhere. Most businesses, especially the legal ones do not yield overnight, they take a longer period of time to bring in profit for the investor. Some of the big men you see today that made it through investing actually started somewhere and believe me when I say that they were not eager to make income immediately they invested.

The mistake that most of the people nowadays are doing is that they want to make money in an easier and faster way which is usually not done that way if you want to be a successful businessman or woman. As a business minded person, you have to be able to look beyond now, I mean that one has to learn to view the future, you should not be eager to make profits instantly from whatever establishment you put your money in right now, except that what you tend to gain from it is not worth the wait.

As a smart entrepreneur, Perseverance should be one of the fundamental skill one should possess because it really goes a long way in the long run.
 

Kingsley

Valued Contributor
Honestly running a business generally requires a lot of patience and perseverance, sometimes we might be facing a lot of discouraging situations and we might be considering giving up and calling it a quite. But with perseverance and resilience we shall surely overcome. Because when one is faced with the economic situation we are currently facing today in this country one might start considering alot of negative options. The government is working bery hard to pull down hard working individuals.

The policies made by the government has not in any way done well for anyone.in the country. They are always working so hard to pull down the effort of the people to get out of poverty. The tax rate on business ventures is alarming , there are no social aamenities like good roads and stable power supply. This has made it very difficult for farmers to bring out their harvest from the farm and to even preserve their produce, couple with the high rate of insecurity. Farmers are been attacked and killed in farms and their host community.

Those in the cities are also having their fair share of this mishap from the government. Business men and women are struggling, But perseverance is key at this time.
 

Jasz

VIP Contributor
The role of perseverance in business is often overlooked. Companies, especially startups, tend to focus on other qualities when assessing whether or not a project should be green-lit. However, perseverance may be the most important quality in a business owner.

What is perseverance? It's the trait that allows someone to continue with a goal even when they encounter obstacles. It's a characteristic that helps you finish things and find ways to improve along the way. That's why we're talking about it today

Businesses tend to think of perseverance as the act of continuing on in the face of failure, but businesses that succeed understand that perseverance is actually a tool.

The concept can be applied to many aspects of business, including:

-Continuing to try to fix a problem or issue when other companies have given up or declared it impossible

-Focusing on what you do best, rather than trying to do too many things at once

-Believing in your abilities and talents, even when others don't share your confidence

Businesses that understand this concept find more success and continue to grow while other businesses fall by the wayside.
 
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