Skip to main content

Friendship: A jeopardy to Business



Friendship, no doubt is beautiful, but can sometimes be harmful to businesses. Many are faced with the challenge of turning down non profitable business offers from friends. We often find it difficult to say no to friends that want to buy goods on credit or friends that want our services for free because they are 'friends.'

Some youths today strive hard to learn skills that boosts their financial status, other youths seem to fancy the title 'CEO'. Are you really running your business on a purpose or are you running it for the sake of naming yourself  a CEO (YOUNG CEO), the popular trend. If truly you are running your business on a specific purpose, then you need to read this.

Truly, family and friends are the first set of people you run to in order to patronize you and refer people. They are the ones you tag best customers because they are  believed and expected to make your business grow. Unfortunately, these are people who will sometimes want you to sell to them on credit and even ask for free services. It is important to keep in mind that you do not owe family and friends free goods and services because of your personal relationship. You are not running the business with  free money, you struggled for the capital and you've invested a lot; your aim is to get it multiplied and not to run out of capital.

 Before introducing  your business to friends, learn how to tell them NO on every demand of free services; remember you started with a capital. 

It is true that they are the only customers that buy a lot from you but they are always delaying payment. Do you know you allowed it?  Had it  been you did not allow it from the start, they wouldn't try offering you that. Be bold! This is a business you run! Tell them NO!

 A friend who truly wants you to go higher will pay for your services,they will make a good impact in your business. Even if they do not have the money to patronize you yet, they will help by creating awareness.
But nowadays,the type of friends we keep turn out to be insects that feed on the leafs and most of them are not ready to help their friends in every profitable thing they engage. 

 ''Oh! I like this! Can you please sell it to me and I will pay you in 2 days' time?'' Tell them NO!

Some people might want to test you to know if you are going to allow it, if you fail the first test, and if you still do not summon the courage to say no, that's how it's going to be till you run out of capital. When you run out of capital and you have nothing more to offer, they will be the first set of people that will ask you why and go around  backbiting you.
  This is not limited to friends alone, family members are also included. Let your family members pay for the amount that will encourage you to render the services even if you are not going to gain from it, let them pay! Doing this will make them know you are really into the business.

One amazing scene is seeing your friends slaying with what they bought from you on credit and you are afraid to ask them of your money because you don't want the relationship between you and your friend to be disrupted. You should understand a fact: real friends will always want the progress of their friends. The business you run and your friendship are on a different race.
 If your friends aren't supporting your business,there are other options left for you. Do you know the smartphone you are holding is a good implement for creating awareness for your business? Connect with friends on different social platforms and let them know you render a particular service.
Be good at what you do and your customers will always locate you!!

 Empower yourself! Balance the books! Blow off a deal with someone you know you might later regret doing business with.
 Don't trade your business with friends.
This is your future and you should give it all you can to control it. Take good care of it as much as you can.


Written by Abidoye Opeyemi Maryam.

Editor: Zaynerb.


Abidoye Opeyemi Maryam is a student of Obafemi Awolowo university, department of Linguistics and African languages. She's also a baker✌️✌️

Labels

Labels:

Comments

Post a Comment

Popular posts from this blog

What Friendship Is

"It's just me, myself and I". This was my status on one of my social media accounts some years back. This saying also played a great role in my life. I was a lone wolf. I didn't have friends and I didn't want friends. I thought I was complete all by myself. I thought I didn't need the company of others. I didn't understand the importance and sweetness of friendship until I got a taste of it. Friendship I realised was the basis of any good relationship. We're course mates and we have a group work together? I realised that it was easier to work on group projects with friends. And that working on group projects became easier and more fun, when my course mates became my friends. Friendship I've realised goes beyond words. Friendship is love. Friendship is patience. Friendship is arguments, it is small fights and it is forgiveness. Friendship is company. Friendship is food when there's famine. Friendship is hope in moments of despair. Friendshi...
41 comments
Read more

Passion

Passion in simple words is 'Driving Force'. Passion in dictionary words is "any great, powerful, emotion especially love or hate". You still not sure what passion means? Passion is strong interest in someone or something. Passion is an immense emotion that gives you strong zeal and enthusiasm. Passion is motivation. Passion is what puts you to work. What Does It Mean To Have Passion? To have passion means to have strong enthusiasm, to have extreme excitement, to have great and immense zeal for someone or something. When you have passion for someone, then you're immensely attracted to that person. You feel a certain kind of excitement. You feel deep love or strong interest for that person. When you are passionate about something, then there's no limit to attaining that thing. For passion is that fire in your belly. Passion has no restriction, it knows no boundary. Passion makes you sacrifice leisure and pleasures. Passion keeps the fire in you burnin...
15 comments
Read more

Growth Is Gradual

Think of increase -there you have it. That's growth.  Growth in simple terms refers to increase. Growth could either be increase in size, value, number, what have you. But when you refer to growth as a person, growth could be physical, spiritual, intellectual , psychological, financial, the list goes on. Growth has its stages. It doesn't happen in a day. Most times, a foetus stays nine months in its mother's womb. During this period, growth in the foetus is evident but not immediate. A proof, that growth is a gradual process. The problem is, many expect growth to happen immediately. They expect to become good at what they just started in a short span. I give credit to geniuses and fast learners, but think of it.. You crawled before you walked! And even when you started to walk..you didn't just stand, move one foot after the other and it all went smooth. It took time to perfect walking - an act that you probably don't think much of now before doing. So why ...
17 comments
Read more