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Business Management analysis

Business Advice To Unemployed Youth Of South Africa.

Business Advice To Unemployed Youth Of South Africa.

The Covid-19 pandemic has pushed more people out of jobs and into the streets. There are no jobs. So, what are you going to do? Sit at home doing nothing the whole day? Brother, sister you have to do something. Feeling sorry for yourself will not help you at all. Go into the streets and start hustling.

You don't need thousands of rands to start selling Fruits or Atchar on the streets. Start with one box of bananas if you have no capital. Sell your old items that you no longer use at home to get that small capital.

Find a busy spot or be a mobile vendor. At the end of the day you will have R200+. From Monday to Friday, you can make up to R1000. Monthly you can make up to R4000.

This will be the start of your entrepreneurial journey to success. It's not easy. It's never easy. You have to grind everyday, all week and make lots of errors and losses. BUT you will learn Entrepreneurship. You will become a streetwise smart business person.

The trick to a successful business is to use resources effectively and efficiently to execute business strategies. Execute strategies in an operationally efficient manner. Align organizational structure to support business strategy. Create and maintain a culture of accountability.

Build strong relationships with your key suppliers.

The most successful companies reported that several types of relationships were important to their success. However, they ranked supplier relationships as by far the most important.

Also don’t ignore what’s happening in your market/business.

Businesses have always had to adapt to evolutionary change as production techniques and consumer preferences evolved. In recent years, rapid technological changes and globalization have made revolutionary change increasingly common. Failing to adapt can cause businesses to flounder.

Content created and supplied by: Kaybee_KC (via Opera News )

Covid-19 South Africa


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