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This will be the fourth principle to have a more fulfilling business venture.

Principle 4: The Power of Predictability

For any business owner, it is essential to be able to predict what may happen to his or her business. This is like an innate ability which will guide one to avoid pitfalls and form a route to success,

Predictability in one’s business refers to the ability to foresee where to generate leads, customers and revenue. One can start to develop predictability in his or her business by testing out a few strategies and finding one that kind of works (mind you, there is no one strategy that works for everyone), and then follow up by repeating that strategy. Meanwhile, he or she should improvise that strategy and test out more strategies that compliment it. It’s a game of trial-and-error at first – but soon, you will get to observe patterns and trends along the way to help you develop your unique ‘business sense’.

Once you are more or less sure of being able to foresee the upcoming trends in your business, you will find the fear of financial insecurity and fear of being unable to sustain your business on a long-term basis you initially had become gone. You will begin to operate your business with a much higher level of confidence, creativity, vitality, and energy, and that’s when everything naturally begins to change for the better. Hence, always remember that before you proceed on to more extensive marketing strategies like creating a social media following, publishing of e-books and whatnot, find a way to create predictability in your business – be it to maintain consistent cash flow, generate reliable leads and reaching out to more customers – and trust us, eventually, you can have it all.

Interested? Stay tuned as we introduce you to the last principle!

Learn the other Principles Guide Your Entrepreneurial Venture here:

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