Simple and popular! The reading cost of spending tens of dollars is much more than the "either rich or expensive" of the previous day!

Is there a difference between business leaders and street vendors in business essence? At least I dare not think so.

Ramcharan said that business leaders and street vendors are the same in business wisdom!

"They can always see the essence of business through complex appearances, simplify the complex and grasp the fundamental elements of enterprise management".

What is business intelligence? Ramcharan thinks that six words are enough: net cash inflow, profit, return on assets, turnover rate, business growth and customers.

Of course, it is not OK to understand these words, it is too shallow. Every post should go deep into the bone marrow and correctly think about the power behind these six words. It is important to take action.

Then how can we create wealth with business wisdom?

1. The key to changing the perspective and treating the company like an investor is to manage the PE value well;

2. Simplify the complexity, focus your thinking and attention on the factors related to profit, think inward and outward, such as insufficient cash flow, look inward and see what is occupied and where it has gone. Looking outward, is there room for improvement in sales?

3. Pay attention to talents and create excellent execution: matching people with posts (don't let inappropriate people stay in a post for too long), coaching and team building.

Harvest:

1. Focus on business growth, which is the core. If the business does not grow or grow negatively, the income will decrease. Companies will lose customers and markets first, then start to slim down, cut business, lay off employees, and even go bankrupt and withdraw from the market.

2. Pay attention to customers. Everyone has their own "customers". Understanding the business from the customer's perspective can enrich their thinking system!