Business Tips: How to improve your business

Business Tips: How to improve your business


Hello there
My name is Avinaash. You are watching
Mahamedhavi YouTube Channel Today I am going to share a simple yet amazing bussiness secret Stay tuned Do you remember during our childhood, we used to go to a trade fair exhibition? There used to be several fun games and rides like gaint wheel, roller coaster One such fun game i really love is If you pay 10 rupees, they will give you a four rings They place several products ranging from a 50paisa match box to an expensive gadget All you have to do is You have to throw your rings accurately on any product, You can take that product home. Its all yours This is the game I have instantly fallen in love with this game. I went running to my dad And asked him for 10 bucks Then my dad told me, He dismissed it and told me it is a fraud. Nobody will win Dont waste money Take this 10bucks, and go get yourself some samosas. Ofcourse, I did not listened to my dad I went ahead to try my luck I have actually won Its a 50paisa match box I spent 10 rupees to get 50paisa match box. While I was still standing there cursing my stupidity, I saw someone who won a bicycle He is carrying the bike I ran to him and asked whats his secret I lost ten bucks He laughed at me and gave a very simple tip I am playing this game for an hour now I lost more than 200 rupees Everytime i failed hitting the target, i learned the mistake i made. And improved my target the next time If I threw it too fast I couldnt hit the target Next time i used little force instead of throwing it too fast But this time i used way less force that needed I improved my throw every single time He told me this principle Think about it for a moment You have sent a product/service to the market there is not much response from your customers It doesnt mean, they didnt like the product. It means they didnt need the product or it lacks features they need Its them telling you they need a product with improved features All you have to do is take that product and improve it based on customer feedback When we throw the ring, Our bring gives us a negative feedback You are throwing it in wrong angle Your speed is not right Everytime we receive negative feedback, we need to improve our attempts That winner improved his threw. But I lost because I never improved my throw I lost all my rings at once In the same way, most people without improving their business/service they keep throwing Zero improvement, No indepth analysis They dont fix the flaws in their business model Due to this, most people fail in their businesses This is not just in business world, same thing happens with students too Lets just say they are studying a theorom or formula If you are not getting it Without analysing the reason They stress themselves intensly and struggle with their studies Stop for a moment and think about it. Why are you not able to understand that subject? You skipped a chapter before, which is why you are struggling with the current topic Or there are complicated terms in that topic Which is why you are having a hardtime mastering it Then narrow your focus on that So everytime, try to narrow down your focus and rectify it every single time Thats how you succeed in business, life or career Most people dont do this Their focus is always on the prize If your focus is always on the profits or revenue How will you improve your product? The moment someone enters a new business, they whine and complain about not being able to generate enough revenue If you improve your product and promote your business to right audience, you will generate more revenue See how i focussed my attention on the prize instead of focussing on my throw You need to constantly take feedback from customers and evolve your product If you dont, you will never generate good revenue Another important thing in the ring game is, you are not supposed to throw all rings at once Imagine I started a fast food center and invested all the money i have in one go Lets just say the investment is somewhere
around INR 1,50,000 I rented a nice place It costed a lot, I was left with no money Means, I am all in. There is no way out I dont even have the money to develop my product Instead of renting a fancy place, what if i rented a small food truck Or one of those ice cream cycle type vehicles Now try to send the product to the market once It will cost you very little to pull this off You can rent everything you need If your customer kicked your product We can take that product, improve on it and send it back to the customer. If your budget is 1 Lakh rupees Take a very small portion of it and start your business Some people blindly invest 20-30lakhs in a business I dont get these people They buy computers, setup fancy offices, build company websites They do all the nonsense and drag themselves into a dark pit I dont know what they were thinking Before you send your product to market, you need to test it right? I totally understand, that you feel really confident about your product Which is why you get yourself in trouble. That blind confidence is the Enemy! They quit their job with no backup plan. So Stop doing this Start by testing your product/service Lets just say you want to develop a mobile app for students Dont jump right into mobile development First off validate the idea If you want to make something for students, dont directly jump into the product development stage Take a piece of paper and draw sketches of your app Roughly explain the interface to them Show your plan to school kids in your neighborhood Ask them if this app idea is useful to them Based on the feedback Do a few more sketches Now rinse and repeat. Go slowly in the start And you have to play the game long enough Some people decide in just 2 or 3 months, that they failed at their business I think i should go back to job I threw just four rings and decided, I was a failure But that winner played the game long enough. And eventually he won the bike which is impossible You need to invest a lot of time and most importantly patience into your game(product) That is when your product evolves into a great product So please keep this in mind

100 Comments

  1. MahaMedhavi says:

    చదువు లేకుండా వ్యాపారం పెట్టి కోటీశ్వరులు ఎలా అయ్యారు ?
    https://www.youtube.com/watch?v=lJEPyiFssBE

    కెమిస్ట్రీ పరీక్షలో కాపీ కొట్టి పాసయ్యాను
    https://www.youtube.com/watch?v=qXgNK_J42is

    సిగ్గు వదలండి అద్భుతాలు చేయండి –>
    https://www.youtube.com/watch?v=hrD8mSjQ1UY

  2. K Mallesh says:

    Hi sir i want start a new business that is home made cerelac
    Pls suggest me sir how to start the business
    Is it need to govt license ?
    We are analysing the uggu business ( home made cerelac)

    How to start pls suggest me sir

  3. Shiva Krishna K says:

    అన్న మీరు బాగా చెప్తున్నారు

  4. Gunda Lokesh says:

    బిజినెస్ కి సంభందించి చాలా మంచి సలహాలు అందించారు.. కృతజ్ఞతలు

  5. Gunda Lokesh says:

    నేను కూడా సిల్క్ శ్యారీ బిజినెస్ ప్రారంభించాలని అనుకుంటున్నాను..మీ సలహా చెప్పండి sir..

  6. T Virajitha says:

    Tq sir. Mee Thinking knowledge ki hat's off

  7. RS Reality says:

    Excellent Speech Brother.

  8. Ponaginti Venkata Ramana says:

    Can you please share your mail id?

  9. bommaramoni shekar says:

    Thanku you Sir Chala Bhaga Chepparu ….

  10. Rakesh Muthyala says:

    What is your profession and qualification

  11. Shiva Bhairi says:

    Thank you Super

  12. Don Don says:

    Super sar

  13. venkat krishnakumarr says:

    Work accomplishment = time spend × intensity of Focus: in essence it means, task orientated, dynamic, and forward looking:

  14. muthineni bhadram says:

    new information Telugu

  15. ps k says:

    Product product product product very very very important

  16. HarisH GouD says:

    Important formula for Marketing
    Product
    Price
    Place
    Promotions

  17. shaan sharief says:

    Bro
    Spirulina production start cheyyali anukuntunna bro
    Meeru help cheyyagalara amaina

  18. Moulali Moulali says:

    Supear

  19. Priyanka Buddi says:

    super bro

  20. Rudraraju teja says:

    Excelent

  21. karimulla sk says:

    Thanks sir

  22. Tangella Srinivas says:

    Superb annayya

  23. narender A K says:

    ఆర్గానిక్ ఫర్టిలేజర్ బిజినెస్ చేస్తున్నాను సక్సేస్ ఎలా అవ్వాలో చెప్పండి ప్లీజ్.

  24. Bhargavi Gutha says:

    Thank q for giving this video

  25. Murali Darling says:

    Super sir

  26. goutam kick says:

    Super tip

  27. Chandu Gatla says:

    Bro mi first video okati choosi tharvatha every video choosa.. Mi about cheppandi broo

  28. Sunil Kumar says:

    tq for your advice sir

  29. Prasanth Kumar says:

    My opinion also

  30. Ajay Boni says:

    Good knowledge Thanks sir.

  31. SHEEDI SAI BABA says:

    Thank you

  32. Patel Saikumar says:

    Really you r make super vedios bro

  33. meena kumari says:

    super

  34. grpvs dsp says:

    Good message

  35. mahesh guru says:

    Good information brother

  36. Sunitha G says:

    My business I s computer sales and service CC TV cameras and printing works if any requirement please contact to him 9966332280

  37. saikrishna kummari says:

    Thanks for right information

  38. vinodkumar vicky says:

    Thanks sir

  39. Jai Hind says:

    U r words r like steppings stones for my business thoughts

  40. Badri Naidu says:

    Bro marketing gurinchi oka video chayandi

  41. phani kumar Nissankula says:

    Good video

  42. nithin nakka says:

    Nice business tips bro

  43. nithin nakka says:

    Can I ask you one question

  44. Rakesh Power says:

    Very very good speech sri

  45. Kiran Talari says:

    Nice video

  46. ravindra pentrala says:

    Bro give me one better business idea

  47. pranav damaraju says:

    Super Anna. Nenu house wife ni manchi business idea ivandi

  48. sriyajna associates says:

    Good

  49. Vishwanadha reddy says:

    Awesome example and explanation

  50. Prasad Shiva says:

    Super

  51. Kalyan Didla says:

    Good information Sir 👌👍

  52. యకు భాయ్ యకు భాయ్ says:

    లవ్ యూ ర న్నాన

  53. Mohd Yousuf says:

    Very basic information

  54. sunkari harish says:

    Super anna….. ❤️❤️Anna naku okka help kavali anna

  55. mokshagna a says:

    వేర్ దేశాలలో లో హోటల్ అంటే స్ట్రీట్ ఫుడ్ బిసినెస్ ఎలా స్టార్ట్ చెయ్యాలి దానికి కావలిసిన డీటెయిల్స్ చెప్పండి

  56. RAHEEM ARUMAN says:

    Thanks bro

  57. bharath yarlagadda says:

    Meru evaro naku telidu sir… Meru mundu Chala Baga start chesaru… Superb… Eppudithe fast food di chepparo gone… Plz flow tho vellakandi sir… Be prepared… All the best

  58. Satyasai Ramsai says:

    thank you sir

  59. Chandrasekhar k says:

    Super suggestions Brother

  60. anil dadi says:

    Tq sir

  61. Jagadesh Ch says:

    Sir super speech..sir nenu PVC doors business petta 3 months avutundi best product and lowcost prize kani custmoers ki reach avvtledu give me one idea plz sir

  62. teja oleti says:

    Thank you

  63. ravi surya says:

    brother nenu 1st time me video chustunanu super ga expalin chesaruuu god bless u brother

  64. Vijaya Malyala says:

    Sir please tell me how to write business strategy steps.

  65. siddhi s says:

    same what am doing please suuport me thank you

  66. relangi sairamakrishna says:

    Bro plz your phone number plz

  67. Raj kumar Raj says:

    👍👌🤔🤔👌

  68. roshan pothabattula says:

    bro IT startup ki business ideas cheppandi please

  69. Prasad Burre says:

    👌👌👌👌👌

  70. B Narasimha Raju says:

    Good Motivation Video Brother Thank u

  71. Swamy Boyapally says:

    thank you for information sir

  72. raju ratti says:

    Chala baga chepparu annaya

  73. Manohar Kandula says:

    Bhayya simple investment tho profits vache business gurinchi cheppava

  74. GORANTLA THIKKAIAH says:

    Good sir

  75. GORANTLA THIKKAIAH says:

    Good

  76. Bgmtcvbk L says:

    thanks a lot . very nice information . Just few months bebofe we started a business . i did same thing which you
    told in this video , i got good responce . now i have a doubt . how to get more customer s? Can you help me pls

  77. Sai Kiran says:

    Hi👌

  78. Chinta Venki says:

    Sir

  79. pasara gangadhara says:

    Good example sir

  80. imojivsmadhavi imojivsmadhavi says:

    Thq sir best sajeson

  81. madhavi chintha says:

    Excellent

  82. Anitha Mupparthi says:

    Hatts off well explained

  83. Charan Malipeddi says:

    invest idea 10 times and money 1 time

  84. Satya Ramu says:

    Thank you

  85. Ch.narasimharao Narazimha says:

    Hi sar phone number send me

  86. praveen yadam says:

    Make sense… Thanks

  87. Arsha Rajinikanth555 says:

    Hi Anna namaskaram nenu battala shop veddham anukuntunna tips cheppandi

  88. Patan irfan Irfan says:

    Tqs bro

  89. Narasimha skht says:

    Super bro I want ur suggestions

  90. Narasimha skht says:

    Present I worked in wine shop as a sales man. But daily amount is shortage , how to reduce shortage amount.plz reply

  91. jyothi prasad says:

    Annayya maaku photo shop undhi but labham em raavadam ledhu please suggest me

  92. jyothi prasad says:

    Please reply me

  93. Kurandasu Manikumari says:

    Cake Bakery pettalanukuntunna.but besics teliyadam ledu anna manchi idea evvavaa

  94. Purnakanti Raja says:

    Nice

  95. suresh suresh says:

    Thanks you

  96. Madhu Sudhan Raju says:

    Super sir

  97. Raja Raju says:

    Zerox shop is better business or not

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