The Most Important Word in Business

Posted: June 30, 2011 in business, career, competition, education, finance, job, money, personal-development
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The Most Important Word in Business

I once posted an article on a personal development forum entitled ‘The most Important Word in Business’.

I’ll be honest, it’s a long time ago now and I’ve actually forgotten the exact word I proposed. Not too impressive you might think? What I do remember though was the best business word someone else suggested but I’ll come to that in a little while.

“Disneyland is a work of love. We didn’t go into Disneyland just with the idea of making money.” Walt Disney

My ‘word’ at that time may have been VALUE and I still see it as a very important business word. Afterall if you can add value to people’s lives they will reward you for it.

If you’re being hard-nosed about it you could say PROFIT is the most important word in business. In fairness most successful businesses make a healthy profit and this enables them to continue to grow and become more successful.

TRAINING is another important business word. As well as making a living and paying the bills a job can improve us as individuals. Training is vital for any organisation’s desire for continual improvement.

“Effort only fully releases its reward after a person refuses to quit.” – Napoleon Hill

Closely linked to training is the word PEOPLE. It’s worth a fair proportion of our income to work for and with decent people. Companies that care of their employees will always out perform companies that don’t in the long run.

There are may other important business words inluding: SUCCESS, CONFIDENCE, CUSTOMER, INVESTMENT, RESPECT, PROACTIVE etc.

However, I believe the most important word in any business is TRUST. Trust is the oil of all business. People buy from people they trust and everyone likes doing business with people they trust.

Is there a moral to this story. I don’t know, like I said I originally posted this article a long time ago. I know this much though if people trust you and your products, you’ll never go hungry.

“Every young man would do well to remember that all successful business stands on the foundation of morality.” – Henry Ward Beecher

Andy.

http://www.wealthnuggets4u.com

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