investment skills, universal laws of success, and more. Don‘t waste time on unnecessary knowledge as I went through that before. There‘s only so much that you need to know and learn. Be sharp and focus when you acquire knowledge and skills. Don‘t follow what normal people do.
4) Personal Health: In fact, this is the most important ingredient of all. How can you run a business without a healthy body? In order to maintain an optimum health, you have to provide your body with proper nutrients and sufficient exercise. And also don‘t forget about emotional well being. Don‘t let anger and other negative emotions control you.
This is where positive and empowering attitudes come into play. Maintaining your body is just like maintaining your car. If you send your car to workshop for regular service and pump petrol regularly, why don‘t you do the same for your body? It‘s something for you to think about. Don‘t be stingy over spending money for your own health because physical and mental health can cause you a lot of money in the long run if your body is not taken care of properly. 5) Money: Let‘s face it. It does take money to make money even you need a little. But you might not need a lot of money to start a business because there are many ways to start one with low capital.
I meet a lot of people who want to be rich but are not willing to invest the money. You must invest in something in order to for you to get something. The law of sowing and reaping is at work. Don‘t expect something without investing anything. Money is one of the investments you need to make. Even though you don‘t need to have a capital for your business, but at least you must be able to cover your expenses while building your business. You also need money to buy products to stock up and other stuff. So, you must at least come up with whatever amount that you have to start a business.
These are the five basic ingredients of business success. Do your best to acquire or grow or invest in these ingredients. But the good thing is you don‘t need to have a perfect combination of ingredients to get started. You can still perfect the ingredients along the way. Somehow, get it started with what you‘ve got. Article Source: http://EzineArticles.com/24925
Q2. Explain Project Management knowledge areas. With an example explain work Breakdown Structure. Ans.
MBA 2nd sem, assignment answers