How to Overcome Challenges in Business

challenges are your bread, your meat by which you grow; without them you won’t build any business muscles to carry your weight of Glory in business. I have severely faced mine and I still do till date. Every business does, so you are not the only one going through it. So, stop focusing on the challenges, start looking for solutions instead. How? Get information. Get information and rub your minds with great minds. Bishop Oyedepo of Winners Chapel International, one of my mentors in Ministry said, ‘Reading keeps the fountain of wisdom flowing; mental distinction is a result of the VOLUME OF INFORMATION.’ Steve Siebold, Author of ‘How Rich People Think,’ said, ‘Rich people focus on INVESTMENT, while average people focus on saving. Most people are more concerned with the modest gains they accumulate from their savings and investments than they are with USING THEIR BILLION DOLLAR MINDS TO CREATE A FORTUNE. The rich focus their minds on where the big money is via their mental energy. To start thinking like the rich, you have to stop worrying about running out of money and focus on how to make more. Constantly worrying about money is no way to live; Dream about money instead.’ Get information. So what are the challenges Businesses Face? 1. Inability to make sales. 2. Inability to pull customers. 3. Business competition 4. No demand of their products and services. 5. Capital to do advert. 6. Location base. 7. Inability of knowing how to sell. 8. Not knowing how to make clients buy from them. 9. Inability of communicating effectively with customers. These are the major challenges that all businesses worldwide face and you’ll have to find your way around it by doing the following: The major solution is in your ability to market and strategize your plans. I’ll briefly explain this you. To solve number 1, you have to consider who your audience is. Remember that You Are Not Sent To Everybody. So you have to sit to find out who are the people who truly need your business. Targeting your audience will solve number 2 for you. To solve problem 3, you need to avoid Competition in business. Don’t compete with anyone, compete with yourself. Competition sucks ideas. Be creative. Go to your vision board and look for strategies to dominate the market, focusing on increase instead. It will empower you better than using your competitors as your success yardstick. You don’t need that. You will get drained in the end and down goes your business.