Monday, February 8, 2010

Running a business


Running a business these days is no easy matter, you really have to know what you are doing. It requires a lot of skills, I find. First and foremost you have to have a way with people. Although you may not always feel like it you always have to be polite and professional - as they say the customer is king, no matter what.

Apart from interacting with people you need to have a good grasp of accounting and always keep an eye on the finances. Every sector has become so competitive today you really have to be on the ball. Telecommunications and the mobile telephone sector is no exception. Technology is developing at such a pace and young people in particular would find it hard to imagine not to have a mobile. Originally a mobile telephone was just a means of commmunicating orally but now it has become much more than that. It is using for messaging - sending and receiving SMS's, it's used increasingly to access the Internet and I think in the near future one will start using it to buy things off the Internet. In some countries already you can access your bank account and make transfers of money. Now you can even use the newest models as a means of navigation if you are out in the car and unsure of your directions. I think it is hard to imagine what it will be capable of in a couple of years from now.

Setting up a business is complicated on account of all the regulations and bureaucracy. It is a stoney path.

Although the market is very competitive, the telecommunications sector is one which has a future. Things are not easy at the moment on account of the general economic crisis. Greece is also having a hard time economically. Many businesses are finding it difficult to manage. Generally what you see happening in Greece is that the small shop owners are disappearing and it is only the big chains that can survive. The little man can no longer compete. On the one hand it is a great pity because all the little corner shops are disappearing as more and more people find it easier to go to the supermarkets where they can find everything they need under one roof. But as more and more of the little shops close, it detracts from the local colour of the neighbourhood.

But getting back to running a business, although times are difficult, I love my work and would not change it for the world.

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