VALUE IN ENTERPRISE DEVELOPEMENT

Enterprise development is literarily value creation enshrined in system and structures. The main genesis of an enterprising environment is enshrined in a culture that promotes value creation.

Enterprise therefore, is a business system built around consistent value creation.

So, in building an enterprise, the major and the first thing to consider is the value. The value could exist as the main product which is developed out of the mission statement which unequivocally states the “WHY” of your business.

Understanding your value therefore, is the first step in creating a successful enterprise. However, to ensure continuous sustainability, profitability and equitability, you build a system around your value. A system is an interconnection of diverse resources; technology, human and material resources (that is) which must then be well structured and engineered to deliver maximum result.

BUSINESS PHILOSOPHY “developing your business from philosophical guide”

Many so called “entrepreneurs” sometimes try to copy and implement the organizational strategy and models of some successful firms. They do this expecting an instant success. But most times, they fail. Why?

Years ago, a particular international brand attempted producing a product that will rival a major international soft drink. Of course, the system, structures and policy for the rival product were well laid and orchestrated, yet the product failed.
Why? You may ask; it’s because the counter brand fails to take into cognizance the “domineering force” of philosophy.

What then is business philosophy?

Business philosophy is an underlying ideology that births the formation of a business organization. It is the centralized thought that gives an organization its uniqueness, determines its model and structures.

Philosophy birthing businesses is usually non-concrete, but therein lies a wisdom that not only cause the success of such business, but it also determine its distinctiveness.

So, to succeed as a business leader,

a. Sit the centralized principle that births your enterprise. For instance, that of coca-cola is refreshment. Understanding this, will help you in accurately engineering a product out of that prevailing philosophy. That is what gives uniqueness and utmost success.

b. After understanding your philosophy, you will need to creatively engineer your philosophy to produce products that will adequately cater for the various sector of the economy. For instance, if your centralizing philosophy is communication; creatively create a communication product that will adequately cater for the needs in education, health care and other sector of the economy.

MONEY SENSE 1

Money is just a means of exchange. It is an intertwining medium for meeting need. Money itself is not the “ESSENCE”, it is a medium, definitely not the primary, but the secondary. Its’ what we get after fully satisfying the primary.

So what’s the primary?

The primary is all about meeting needs and creating values that will promote ‘serenity’ of human life. It’s all about meeting and making human life better, more enhanced, more fulfilling, more enjoyable, more blissful and more peaceful, saturating the whole of the “ADAMIC” race with peace, joy, tranquility, freedom and a great deal of happiness.

How do I do this, you’d ask?

The Bible says in 2peter 1:3 that “God has given us what we need for life and godliness…….”

You see, there lies in everyone an innate expression of life that can easily be converted into a product and service that meets need and solve problems. Ability to recognize this, is the first step towards living a life of peace and utmost fulfillment. The mindset that knows that “we’re all” here on earth for each other, helping and nurturing each other to grow, mature and become more lively, fully expressing the truth that lies in each and everyone of us is an healthy mindset.

Recognizing this innate ability, you are to develop and make it to become so refined so as to give people the best and not a marketing gimmick to beat competitors. But rather, be people focused, concentrating your development towards effectively serving and meeting their needs. WHY? Because they deserve the best.

After developing this skill and innate ability educationally or otherwise, you then have to look for ways to be of service to people either through an existing corporation or independently.

MONEY SENSE II

There are some fundamental wisdom that goes into making and increasing money. Remember, money is not the essence but rather, it is an instrument for satisfying basic needs.

WHAT ARE THEN MY BASIC NEEDS?

The bible says “Godliness with contentment is great gain”. There are some fundamental lies that we have absorbed as the truth. For instance, it’s a lie that what makes you better appreciated and respected is when you have the so-called “FLASHY STUFF” like say a $100,000 diamond ring, driving the latest posh car or living in an exclusive elitist estate.
The true definition of man is not in the things he own; rather the true definition of a man is in who he is. Who you are determines what you own and not otherwise.
So, start asking yourself the basic question; what do I truly need? Ability to correctly know what you need impacts a sense of seriousness and responsibility which makes you to effectively and judiciously apply your income towards satisfying your needs. Never get caught in the web of trying to show forth; wanting to get things to make yourself appreciated, wanted or revered. Such things will never last long and you will constantly find yourself running to keep getting things that will keep you more indebted until you finally burn out.
Rather, be wise. Know what your real need is, save more and invest “saved income” on good, solid and tested investment package(s).