See these 5 Great lessons on E-commerce from Confucius
Great wisdom from a knowledgeable man
Confucius — Kong Qiu — was born in about 551 B.C.E. He served in government. He edited or wrote five of the classics of Chinese literature. And he founded a philosophical movement.
Confucius is an all-rounder in sharing his wisdom and knowledge about life and how to live. Confucius is also infinitely quotable. Here through his quotes, he teaches us how to have a better eCommerce business
So here are 5 lessons on E-commerce from this source of wisdom.
“Study the past if you would define the future.”
Your eCommerce journey can be unique, however, there is still a lot you can learn from others in the industry.
You can sit down with the marketing directors and managers of other eCommerce businesses to talk about possibilities, actions, troubles, strategies, etc. Not only that, you can teach one another how to be better in your businesses.
Don’t stop there, studying retail and e commerce, reading articles etc. can be another step to being better at what you do.
“Success depends upon previous preparation, and without such preparation, there is sure to be failure.”
Planning before execution is required for all things in life and most especially businesses. In order to operate a successful business, one needs to plan and execute all plans strategically and purposefully.
Businesses without concrete plans and strategies are bound to fail or self-destruct, plans are important in every level of a business or set up.
“The person who moves a mountain begins by carrying away small stones.”
This correlates with the popular saying, “Little drops of water, makes a mighty ocean”. Success does not happen out of the blues, it’s as a result of little background steps that have been taken.
Business success comes in several forms as a result of doing small things right, the ability to successfully perform other duties right can lead to a greater level of fulfillment and success.
“Better a diamond with a flaw than a pebble without.”
There are no steps taken without hurdles and troubles, most times we wish for them to go away. We look forward to when things could get better or have a perfect line up of the various functions in your business. Every businessman never wants customer complaints or returns or bad reviews, however, they happen.
Confucius states it is better to have a growing business with all these flaws than to have no business at all.
“He who will not economize will have to agonize.”
Most businessmen make the mistake of spending lavishly when they make profits from their business which is a wrong step. Confucius advises one to be economical, spend wisely and plan efficiently towards spending to avoid heartbreaks or shutdowns.
If you want your eCommerce business to be a success, spend less than you earn. Monitor the news about your business and act wisely.
