10/07/2022
YOU EQUALLY NEED A SWOT ANALYSIS OF YOURSELF - SETTLE THAT FIRST!
POSU Davies
• Entrepreneur • Money Coach
Practical School of Wealth
Lagos Nigeria
Sunday 10th July 2022: Money Series #193
Naive? Oh no. It's not an excuse when it comes to business or any money matters. Else, you'll go bankrupt or lose focus. From all opinions and facts all around, we all need to safeguard our interests when it comes to money. It's not greediness. At all. It's simply about being cautious and conscious of reasons why you headed into a business.
Above this reason, something is very important that you settle first. That is YOU. You must fight hard to know yourself first. You cannot manage your money, manage people if you can't manage yourself first. So, you must have strong convinctions to make your calling as a business man sure. Else, you'll lose.
Just as every business takes a SWOT analysis of herself, so should you. SWOT simply stands for STRENGTHS, WEAKNESSES, OPPORTUNITIES and THREATS.
So, before you embark on any business, take a look at yourself and do a strategic thinking on your STRENGTHS - look at things you can do better. Look at things you can do naturally. They're your strengths. Then, analyse your WEAKNESSES - they're things you find difficult at handling. Three, find out various opportunities you have the power to avail yourself of. Ask yourself: "How fast do I identify OPPORTUNITIES in problems?" And last but by no means least, look at how capable you are in handling or approaching THREATS.
Dear prospective businessman and woman, if you can seat back and think strategically on all these and how applicable they're to you as a person, then be sincere with yourself and take on a business that suits your person. Don't forget, no matter how good you're in all these, you still need people to fulfil your dreams.