About This Lesson
Although going to college will hopefully teach you everything you need to know about owning and running a business there are some great things to know before even going to college. They are simple business lessons that anyone can learn to help make their business more profitable and more efficient. Below are just 5 business lessons you should learn before going to college.
Always Show Up Early
Always showing up on time or better yet showing up early is not only a good rule of business but also a good rule to follow in your everyday life. Being on time not only shows responsibility but also respect to the people that you are engaging with.
Be accountable
In any business things are bound to go wrong. When something does go wrong or happen it is always best to be accountable even if you are not always in the wrong. Everyday businesses all over the world take a loss to keep customers happy.
Value Everyone
One of the biggest things you can learn in business is that you should value everyone. You never know what a customer will offer to your business or product. It is best to learn about customer lifetime value. The practice teaches businesses how to evaluate their customers and know which ones have the potential to be the best and most profitable customers.
Always Be Networking
One great thing to learn about owning or running any business is it is always best to continue networking. No matter if you are at a work function, a social function, an educational function it never hurts to put your name and information out there with the people you meet. Learning how to interact is also very important.
Reduce Waste
Reducing waste is important especially in larger companies. Reducing waste helps to save money as well as save time. Learning this early on will save you a lot of headache and hassle. Reducing waste is also a good thing in your everyday life. It helps to save the environment and money. These practices are especially great for smaller companies.
These are just 5 simple lessons you should learn before you even attend college. While you are in college you my brush up on these business skills and dive more into why they are useful and make companies more profitable. Overall any ways you can think of to save time and money helps make a business perform better. Out of all these one of the top priorities is probably showing up on time. Showing up late is not only a sign of disrespect but it can also make for some missed opportunities. As they always say the early bird gets the worm and this is true in life and business.
