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Mentor’s Thoughts Week 54: Your Biggest Asset

Many a time, businesses assume that their biggest assets are material assets that they own – their offices, for instance, or their property. There is no denying that these are indeed valuable assets. However, any company’s biggest asset would undoubtedly be their people.

Your business revolves around people, and it is important to understand that with the right people, you can achieve many things.

Your employees, for instance, will go the distance for you if they are well motivated. If you treat your employees well, they may praise your business to their friends and acquaintances. These people may end up becoming your customers, choosing to do business with you because when they see that you treat your employees well, they will have faith that you will treat them in the same manner. The same goes for your suppliers as well.

No matter what your business is, whether you are in the service industry and dealing with customers on a face-to-face basis, or you are designing a business-to-business software or product, your customers are people too. It is always important to understand how your customers will use your products, and create with them in mind.

The people that you work with, therefore, are your biggest assets. Treat them right, and your business will flourish.

 

About EntreCity

EntreCity
The idea behind EntreCity is to help entrepreneurs build successful businesses. We want to achieve this by helping people build an entrepreneurial mindset and to arm them with the technical tools to start and grow businesses. Whether or not you are ready to start a business, EntreCity aims to help everyone to think with an entrepreneurial mindset.

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