PLEASE NOTE:

MyNews24 is a user-generated section of News24.com. The stories here come from users.

 
TT186
 
Comments: 7
Article views: 2
 
 
Latest Badges:

 
View all TT186's badges.
 

What "Fifty Shades Of Grey" teaches us about business

09 October 2012, 12:27

As far-fetched as it sounds yes there are lessons to be applied to your business. And here is my take:

Lesson number 1: Have a contract in place. You might never have to use it; you have no intentions of using it, but it spells out obligations of all parties involved. It gives you a clear plan and vision of what involved parties want, what will happen when there is a deviation from an agreement (do not read too much into this word “deviation”), what consequences will follow, and an exit strategy.

Lesson number 2: It is good to learn from someone who already has the experience. Having a mentor or a coach is brilliant (hence why we introduced “Business Psychiatrist”). You will gain an experience from someone who already is an expert in the field (and if they are good looking this does not hurt either). They are willing to pass the practical information to you, so you might avoid some of the mistakes, hence your profit margin increases. So chose your coach / mentor with care, and remember you can always terminate the contract if you do not like their service.

Lesson number 3: Everything has a life span. As perfect as life is “The only thing constant in life is change” François de la Rochefoucauld. So have a plan “B” just in case.

Disclaimer: All articles and letters published on MyNews24 have been independently written by members of News24's community. The views of users published on News24 are therefore their own and do not necessarily represent the views of News24. News24 editors also reserve the right to edit or delete any and all comments received.

 

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
7 comments
Comments have been closed for this article.

Read more from our Users

Submitted by
Lyndsy Gopaul
The struggle of a single mother

To choose the life of being a single mum is the hardest job and the biggest sacrifice a woman can make. Read more...

0 comments 1337 views
Submitted by
Hennie
Clamour for farmland will sink us...

The ANC government’s pre-occupation with the redistribution of land has taken its eye totally off the ball. Read more...

0 comments 315 views
Submitted by
Mlibazisi Jeffrey
Rise of Trump, nationalism and po...

The placing of people on a political, religious and ideological spectrum has resulted in the rise of "absolute positioning". Read more...

0 comments 116 views
Submitted by
Victor van Heerden
Jacob Zuma statue - Don’t cry for...

Therefore the epitaph at the bottom of this magnificent statue will read: Please forgive me, but don’t cry for me South Africa - even though I have failed you all - signed President Jacob Zuma. Read more...

0 comments 295 views
Submitted by
Michael Mondli Hlophe
Kasi Mlungu saga very confusing

Some people have been very positive about the young white woman that has very close ties to a township and its residents. Some have been negative about her making money off our African cultures Read more...

0 comments 514 views
Submitted by
Odell Coetzee228
The Dark Horse: Brian Molefe

While every South African could predict how the economy and the world would respond to news of a new finance minister, there is one thing about Zuma we must never forget – he is a political survivor. Read more...

0 comments 577 views
 

services

E-mail Alerts The latest headlines in your inbox

RSS feeds News delivered really simply.

Mobile News24 on your mobile or PDA

E-mail Newsletters You choose what you want

News24 on Android Get the latest from News24 on your Android device.

SMS Alerts Get breaking news stories via SMS.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2017 24.com. All rights reserved.
There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.