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Tuesday, June 16, 2009

Conquer the World With Small Business Ideas

Every big or small business is based upon the foundation of fruitful, potential business ideas. And every take over and conglomeration is also based on some overpowering business ideas - from small ventures to something as big as the giant Microsoft buying another giant, Yahoo for a whopping $44.6 billion dollars. Yes, even the biggest of business decisions come from the business ideas taking birth from the human mind.

In this article we will discuss how to convert small business ideas into successful ventures. We will discuss the four pillars of a business that will uphold the projects and deliver satisfying results to your clients and in turn to you. The four pillars of a business are finance, human resource, non human resource (tools, equipments and devices) and marketing.

Hands down, finance is the most important requisite for any business to take birth and grow. It is money that brings human resource and it is money that buys tools and devices. Money is the most important when it comes to marketing and money is important to strengthen each pillar that supports your business.

Now, let us talk about human resource. Sure money can buy the best of manpower. But the will to work and the determination to succeed, is the human factor. A highly motivating team can be created once the path ahead is clear and the goals are spelled out to each of the team members. But they should be provided with adequate resources too so that they can attain the goal – this is where the business needs non human resources that includes hardware and software.

Last, but never the least - marketing – none of your business ideas can be successful unless you sell your products or services. And no product or service can not be sold, unless the consumers come to know about it. Here comes the need for marketing and promotion.

Author: Mike Joe is a connoisseur of travelling and entertainment. He loves journeying far and wide in the quest of experiencing different lifestyles and gathering information about the best places to eat, drink and stay in different countries and lands. Over here, Mike talks about business ideas.

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