Good skills, Bad results

source

Does this combo tally? Sometimes you have to spread everything out wide just that the flaws can be seen and the necessary corrections made. Bad economy, bad this, bad that yet, others are still selling. I made such early corrections, I can't be limited by economic switches; as an entrepreneur, I carry solutions, this is a big hedge already on my side.

We are living in a world where skills are of high rank. Yes, the white collar jobs market has really shrunk and the alternative has been to enter the next phase of the market; create your jobs. In short, as we speak, almost everyone is NOW an entrepreneur. Let's not enter the next phase of investor’ s mentality.

Getting back to the idea of entrepreneurs, it has brought food to many tables if actually that is only what it should do. It has also helped to revamp the economy as it helps retain and flow cash within the middle class. Or can we even say that those who are on the hand to mouth menu are actually entrepreneurs?

source
A quick one; ‘it is not what you do that concludes your financial freedom but how you do it. If ALL you have is skill, you are indirectly degrading. In this article, we are going to look at how we have highly skilled personnels who are still settling for less in the economic and transactional markets.

Let me start from the fashion and clothing industry, at least I have some experiences here. One person can sew a shirt (material plus sewing) for 8k to 10K while someone is doing the same at a cost from 25K up. One is dependent on picking individual jobs while another is hitting back to back bulk production contracts. The former will call it a bad industry while the latter calls it an inevitable fortune.

In times of hard-pressed markets we can tell which will scale through. In short, it is something to currently consider. Small and Medium Scale industries and self employed individuals in the hard sector who had no standards are facing the heat. When you see me TRY to push business to another level, I am trying to grow out of busyness into business.

source
With the current insufficient general electric supply, if this should continue for another three to four months, many skilled but unproductive individuals will go bankrupt. It will be a matter of changing the industry. As an entrepreneur you must be smart; yes, a problem is an opportunity. If the supply shrinks, it means those that will stand to the end will remain very profitable as demand gets higher.

Where you miss it is where you miss the money. Business is standard; a bucket of water, a sachet of water and a bottle of water don't sell for the same price. And you can just say, is it not just water? Is it not just a shirt, you will say, but Louis Vuitton is bagging big money on this.

To conclude, let me add, many people are only good at production; they fit into the working force but lack the needed skills to convert. I have to also school myself on this, I need to restrategize to meet up several things this year. We should have a reasonably targeted monthly to yearly revenue. Without this, all what we call skills remain a waste. Skills is good but make sure a good skill on your side doesn't generate bad results.

This is an article covered by dani-EL; a broad niche writer. I write on faith, life facts and daily living, business and economics, small scale and daily businessing, cryptocurrency and technology. And yes, I do cover articles on financial education and investment updates. And note, if I happen to be a financial adviser to you, the TOP financial advice should be ‘DYOR’ (Do Your Own Research), I can't afford to break your heart.

Posted Using INLEO