Thursday, 2 July 2015

Be Entrepreneurial

              Innovation Comes Through Idea -------- Be Entrepreneurial 
Every established business survives on core VALUES, these values serve as the spinal cord of every business. We can create value by engaging in the following;
Ø  DIVERSIFYING INTO OTHER BUSINESSES
A furniture seller can diversify into other business like- sales of wallpapers, paints or related building materials to create a one stop shop for home improvement materials. This enables an enhanced and broader buyer experience and also increases income.
Ø  CREATE MORE SERVICES FOR EXISTING CUSTOMERS
To maintain existing customers is much easier than getting a new one. You do not necessarily have to be able to do everything, but with your connections you could proffer services that will increase their reliance on you.
Ø  CONSTANTLY DISCOVERING NEW COMBINATIONS AND COMPOSITIONS
It is important to constantly discover new ideology or concept that can keep your business in market. Customers’ taste changes with time and technology advancement changes ways of doing things, therefore discovering latest combinations or composition is very essential.

VALUES ARE GUIDED BY THEORIES
A manager needs a theory to guide the ongoing re-composition process (Growth demands continual re-composition). Human mind has natural adaptation to imagining correct theories.  There are three sights that guards a corporate theory they are: -foresight - insight   -cross sight
FORESIGHT
The law of gravity always wants to find its way in business, but a great entrepreneur always plans ahead, follows trends and knows when to make paradigm shift (changes).
INSIGHT
This entails having an in-depth knowledge of your market, knowing your target market and your competitors and building market strategies to measure up and surpass the existing market standards. In other words, being an AUTHORITY in your field of business.
The only thing that is constant is CHANGE, just to mention a few, wallpapers are now improvising paints, wooden floors replacing ceramic tiles, window blinds replacing curtains; All these changes had created niche for opportunist in the market. New buildings are constructed around us daily. Making money does not come on a platter of Gold; studying the market is a key to financial breakthrough.
CROSSIGHT
For every insight to be actualized cross sight is important. An Interior Architect’s work should not end at designing spaces, having knowledge of the sales (wholesaler or retailer) of furniture, wallpapers, throw pillows, 3d panels, window blinds, installation of wooden floors and other home accessories gives you a competitive edge. That is having both a vertical and horizontal view and approach to business. We all need to expand our vision.
POSH FABRICS AND DESIGNS is ready to make you a retailer of our original and affordable accessories which includes but not limited to the following:
  • Wallpapers (We have over hundred samples you can retail)
  • Throw Pillows (We have exquisite and unique products you can retail)
  • Window Blinds
  • Wooden Floors
Are you an interior designer or an installer but needs a wholesaler or you want to invest your capital……It is simple and easy, visit us at Suite 64 Ogba Shopping Arcade, Ogba-Ikeja, Lagos or contact us on 09020059886, 09032598300.
POSH FABRICS AND DESIGNS………Our Sketch, Your Luxury


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