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Post by David Wyld on Nov 22, 2013 22:10:41 GMT -6
Students, Please view and comment on this link of the day - yes, for your education, but also for the points, of course! Watch the video below: TITLE - Om Aroma & Co: If your business plan isn't working, change itThen, post a comment in reply to this discussion thread. Again, what to post? Here are some ideas: + What did you take away from the video? + How does the video relate in some way to your past experience (work, as a consumer, family, school, etc.)? + How might you use these ideas in your own career? Good luck! David
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Post by tscott88 on Dec 8, 2013 10:22:06 GMT -6
In this video I took from it to continue to grow your business. Don't ever stop growing the business. When you decide to become an entrepreneur you have to learn how to change. Its the conversation of everyone in business change. How can we change and grow our business. Change is the focus of all businesses and their futures.
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Post by sunnigrabert on Dec 8, 2013 18:30:45 GMT -6
Businesses today have to change rapidly to stay relevant. There are too many other businesses in every industry that it is easy to get forced out. Listening to your clients is as important as listening to your employees.
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Post by abramt110 on Dec 10, 2013 7:50:01 GMT -6
In this video I took from it to continue to grow your business. Don't ever stop growing the business. When you decide to become an entrepreneur you have to learn how to change. Its the conversation of everyone in business change. How can we change and grow our business. Change is the focus of all businesses and their futures
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Post by bcedotal on Dec 10, 2013 11:31:09 GMT -6
In order to succeed, a business must be able to adapt and change as the market changes. Offering different products and services over time is a good way to do that. If a business isn't flexible, it will show very early on.
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Post by bethanyhunt on Dec 10, 2013 17:19:38 GMT -6
This video shows that sometimes the best ideas don't come from your business plan and aren't ones that you've come up with yourself. Sometimes the best ideas come from the customers themselves. As long as a business owner is open to ideas and open to change, the business will be a success. Even when it seems that all hope is lost, changing one aspect of the business could be the difference between failure and success.
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Post by pellirf22 on Jan 29, 2014 16:10:05 GMT -6
TITLE- Om Aroma & Co: If your business plan isn't working, change it
Adaptability is such a key element to business. Being flexible and open to change is a must in today’s world. One missed opportunity can be the difference between a business failing and them becoming a huge success. Markets are constantly evolving so in order to achieve and sustain success business leaders must be in tuned with their environment. Taking risks and getting ahead of the market must be done or the business will quickly become obsolete.
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Post by kelseywatson on Jan 29, 2014 16:20:00 GMT -6
According to the video business is made for people who can actually deal with the hard times. The lady in this video invented her own facial creams without all the chemicals in them. So many people liked her product she became an accidental entrepreneur. She ended up starting a business. She was determined to do whatever it took to keep her business open by keeping the customers happy.
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Post by wwerner on Jan 29, 2014 18:02:01 GMT -6
To be successful in business you must be able to adapt to certain changes. You must listen to your clients if you want to continue to be successful. If you know what your clients want then you will be able to grow as a business. Also there are many people who just want something for them and they end up telling others what they did. Then they will want that product and all of a sudden you are a business owner with clients to please.
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Post by rjmonico on Jan 29, 2014 21:20:59 GMT -6
I would definitely share this link with friends and colleagues. Thank you Professor! If this video is not a success story. This video shows how a musician who was not even thinking about being an entrepreneur developed a cream and is now a successful business owner in the skin care industry. There is no template for a successful business plan. You have to take a risk and trough trial and error realize what the consumer wants and provide it for them. Being punctual, taking care of the consumers needs, and knowledgeable on what you sell are some of the keys to being a successful business owner as is this young lady in New York.
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Post by ken9390 on Feb 4, 2014 11:06:13 GMT -6
I feel like this video is reminding us to be adaptive and resilient in our business approach. This woman went through some adversity in the beginning and never gave up, she adapted her business model to her target market in the area. As a result, her business is doing great and she has found a new niche in her market.
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Post by codylejeune on Feb 5, 2014 22:53:14 GMT -6
Any business can be a success, but it takes hard work and patience for it to really take off. Also, if a business owner does not adjust to wha the customers in the area want, it is sure to fail. With that being said, I think every business owner should have an online feedback website for customers to suggest what business owners should change about their business to make it more successful!
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Post by halearnold on Feb 6, 2014 13:12:58 GMT -6
This is exactly what I am going to do. I am forwarding the video to my co-preneur and will meet this weekend to discuss how it is best for us to move forward. In listening to our clients for some time now, and looking at the business environment that we are in we realize that we must offer another choice to them We specialize in one thing and are experts at it, however given the economic climate, we must offer the next best thing or we have nothing aat all for them to say yes to us for. So here we are 14 years into a business that has been great and on the verge of change. Let's see how this SLU education works out for us
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Post by kati3 on Feb 6, 2014 15:12:48 GMT -6
It is so important to LISTEN to your clients! I love that she placed such emphasis on her success through just simply listening to what her customers wanted. It really is that simple. So many business are looking for the next big thing or just that thing to take them up a notch and I would be willing to bet that listening would be the key for at least half of them. Why guess what your consumers want when you can simply ask? Accepting feedback and applying it is the absolute best thing a business can do.
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Post by racheleperes on Feb 6, 2014 20:48:49 GMT -6
Adaptability is important in businesses today. In order for businesses to keep up with changing trends and fads, they need to adapt to the changes. Part of adaptability is listening to your customers. Like the woman in the video, she mentioned that many of her customers would come in asking if she did facials; and because she was getting so many customers coming in asking for facials, she added that to her services, while also keeping the line of lotions that she was already known for. By her adapting to customer quests, she gained many more customers.
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