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This article on "Business is a war” will boost your confidence to be successful in Extempore Speech:
Business seems like that one thing that can fetch you all the money in the world. To people it seems that business is a free way of earning money. When you have your own business, you are your own master. However, it is not exactly that always. As a matter of fact, at times, there is so much pressure on people who do business that they hardly even get time to breathe. In business, since the money being used is of the person himself, he has to be extra careful about everything. He has to make strategies. He has to keep the farsightedness in his mind. He also has to make sure that nothing he does can fetch him losses. So, there are so many things that a person has to keep in mind.
When you do not have your business and you are working for someone else, you may not be able to earn as much as you can with your own business. However, there will be much less tension for you. You have to work for a specified amount of time. It may exceed by a few hours at times but an employer cannot compel you to work for more than a few extra hours. Not just that, even if the business is going in losses, you do not have to worry much. For instance, recently, most of the sectors have been greatly impelled by recession. However, the employees do not have to worry way too much about the recession. They are working for a company which is obligated to provide them with their salary by the end of the month. Thus, we see that though business gives you the chance to earn as much as you want and achieve great heights, it is also not easy to do and not everyone’s cup of tea.
If you are someone who wants to earn a lot of money and is not satiated by the mediocre in life, you should do business. In job your chances of earning so much are not very high. However, also be ready to handle a lot of pressure each day and become farsighted enough to calculate and assess the current situations and plan your future actions according to your predictions. Business requires a lot many strategies. You cannot simply put in all your money and expect it to pay returns. It is not as easy as that. Contrary to this, business is like a war where you have to take care of all the enemies, create your own forces and make strategies that are smart enough to make you win in the battlefield. To all those people, who think business is any man’s game, it is not so. Why is business like a war? Here are a few reasons:
1.Take care of the Market Forces: When you invest in a certain business, remember that there are many other people who have invested in the same business and who must be willing to earn profits from it too. Thus, they will try and out win you in your game. If needed, they might also do wrong things to you. In this case, the situation is exactly like that in a battlefield. If you want to be on the top and be crowned, you will have to win the battle and conquer everyone else.
2.Business works on strategies: A lot of people think that they can do business by simply investing money into it. I sit really that simple? The answer is no. Money is much important in business. However, without a good strategy, it is impossible to increase your money in business and earn profits. Like you cannot win a war without a good strategy, you cannot do good business without a good strategy. If you are not smart enough to assess every current situation and plan a strategy according to the future predictions, you will not be able to excel in your business. A good strategy is a must to win a war and a business.
3.One needs to create a force: Like in a war, one needs a good force on one’s side; in a business, one needs a good team. If you really wish to succeed in your business, I would advise you to get a good team. You will have to find people who know their job and are able enough to do potential work. There are so many things that one has to do in a business and it is actually impossible to do them all without any help from others. Thus, like you need a battle force to win a war; you need a working force to win profits in a business.
4.You cannot always be fair in business: This point may not seem very appropriate but the fact is that everything is fair in love and war and business. If you truly want to win, then, there are going to be chances when you would have to cheat beguile or even say lies. Try and do it when it is absolutely necessary. These are the things that should come to your rescue only in the worst of times. Do not use them when it is not needed.
The truth is business is like a war in so many different ways. From this side of the sea, the grass always seems greener on the other side. However, it is not so. For all those people who think that business is easy and almost anyone can do it, read this article again and you would realize to at least a certain limit how difficult it is to do business. As an M.B.A aspirant and as a person willing to choose business administration and its study as a field of profession, it is a must that you understand how difficult business is and how it has to be handled.