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Business strategy
What are the factors that influence our choice of business?
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[QUOTE="Kingsley, post: 224605, member: 30278"] Hmmm, when it comes to making decisions as to what to invest ones hard earn money into it takes a lot of careful thought for one to make decisions as important as this. But as for the first thing one will need to understand is one's nature, if one is the type that likes working online or offline, well as for I prefer to balance things up so I do both online and offline work. So what I consider first before I venture into any online platform is the health of phones battery and power situation in my environment because I can not afford to waste my battery power when there is no constant light. Then I will consider how much information I have about the task I want to undertake in the website I intend to work on before working on it. I do not work on a platform where I know nothing about as I know it will result to a waste of time and energy and my hard earn resources. Then again I also consider the cash out that will be given as a reward if is too unreasonable I will not take the task and if it reasonable I will take it, then sometimes I consider the stress involved. Then for as for offline I also consider electricity and I also consider if I will be spending more on transportation. And if the stress involved will be too much and I also consider the profitability index. If the profitability is very good then I will take the business but if the risk is too high I will have to re-evaluate my decisions. [/QUOTE]
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What are the factors that influence our choice of business?
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