I’m just starting my journey to gain “MBA” knowledge through the cheapest route. So instead of burning time and tens thousands of dollars, I’ll just read the book below:
As I progressed through the pages, I’ll write down findings that I found really interesting. The first thing that I found was the definition of business. Business is a repeatable process that:
- creates and delivers something of value …
- that other people want or need …
- at a price they’re willing to pay …
- in a way that satisfies the customer’s needs and expectations …
- so that the business brings in enough profit to make it worthwhile for the owners to continue operations
I like this definition. I found it concise, easy to remember, and become a very good topic for discussion after lunch! 😀 Lately my lunches hasn’t been boring whenever I brought up this topic.
More to come!
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business, learning, mba