My life and work Chapter 2 What I learned about business

My life and work Chapter 2 What I learned about business

Lovers: Luqmonov Jahongir G’iyosova Mohinur

1.When things are tough, help is needed. 2.How Henry Ford did not give up when he had no money at all 3.Absence of changing leads to failure 4.Importance of “Refinancing” 5. How important is being fair in business? 6.Difference between business owner and employee 7. Conclusion (Can we really apply these rules in business now?!)

Importance of Refinancing

• The game of sending good money after bad
• Helps poor managers to keep up their management longer
• It is a device of speculative financiers

How important to be fair in business?

• Meet customer needs and serve for them
• The relationship between service and charge (charging fairly)
• A good business was one that would give the opportunity for the floating of a large amount of stocks and bonds at high prices
• A proper charge against the operating expenses of a business is the interest on this money

Difference between business owner and employee

• Business owner are not always happier than office worker
• Employee cannot complain about the workload that he or she has been given

• The relationship between charge and service should be achieved
• Service is a key to succeed in business
• Quicken Loans company
• Rule of thumb