Sir Francis Bacon once said "knowledge is power". I support his viewpoint completely. Because the pursuit of knowledge is an important ingredient for success in every endeavour in our lives. Knowledge in business provides you with guidance to make sound judgments, to formulate decisions and to run your business effectively. Business knowledge provides context. It helps us to understand when to act, when not to act, what should be done, what ought not to be done, when it should be done, where it should be done and how to do it so as to optimize effectiveness. From this perspective, knowledge is not simply a higher level of information, it is the guide which helps us use or process data and information to deliver optimum results. Lets look at ways to access knowledge: Research By researching on your business idea, you acquire the required knowledge before you start a business. All the drive and determination in the world are not going to help you if you don't
Your life is your business, make it work!