Earning Good Name Is More Important Than Making More Profit

Maybe all are agree with the title of this post but how many of you believe this when running a slow business? Our problem is that we want instant result and profit. No one have time to wait, seems death is knocking doors and we need to build everything over a night. And it same about business too. But a good name of business can help you to run the business for long time and the profit will be continuous even it could be not that big you expected.

Buy and sell is common in market but which product get maximum sell? A new product? Nope! A product or brand holding a good name in the market for long time, users giving positive review since the beginning and had no side effect or product defects found. We also take crypto market as an example. My intention is not pulling down some other new coins launched or launching in the market. It just an example to make the discussion crystal clear. Bitcoin is famous in crypto world right? There is none who didn’t heard about bitcoin or short for of it BTC.

Bitcoin holding It's reputation in crypto world like a king and there is none who doesn’t heard about bitcoin. But when it start It's journey in 2009 how many of us was familiar with it? Gradually it expand and become famous for world wide people, not over a night. Its 13 years now and very soon it will be 14 years of BTC. This is just a example as I told at the beginning. Not only about products or brand but also about service provider companies or business should hold a good name or reputation to run business successfully for long time, profit will come automatically.

Ensuring good quality is the key to success and also make it with unique formula that no one can misuse or make duplicate copies of it. For product quality and security only hire trustworthy employees who never going to leak the formula or secret. There are many ways and strategies to follow to hold a good name or reputation for a brand, product or service. Before launching business we should study on those strategies to avoid maximum mistakes. Take time and invest as much possible to make the product popular and offer customer service facilities if required. Profit is important but greedy to make more profit in a short time could be dangerous.

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