PLEASE NOTE:

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

 
TT186
 
Comments: 7
Article views: 1
 
 
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.

 

Read News24’s Comments Policy

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
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Adam Sibuyi
Julius Malema has sold the 1 mill...

We don't understand where this malema and his crew's behaviour are coming from. All this shows that there is no discipline in the EFF Central Command Team(CCT).  Read more...

15 comments 2043 views
Submitted by
Andrew Patterson
What happened to our Renaissance ...

I had the privilege of going to an all boy school steeped in culture and tradition; where respect was earned not just given. Read more...

1 comments 145 views
Submitted by
Niel Knoblauch
On SA: Unemployment & Our Hearts

After a year of not really thinking too much about it, the current state of South Africa has re-entered my thoughts this past weeks from a number of sources.  Read more...

1 comments 82 views
Submitted by
Jenelle Joanne Ramsami
'You all have the right to see it...

I suggest you need to put "SUBTITLES" for the deaf/hearingimpaired.  Read more...

19 comments 5136 views
Submitted by
Gail Shorkend
Christopher Panatyiotou

I think Christopher Panayioutou should not get bail. Read more...

12 comments 723 views
Nkandla - A played player

The saddest part about the Nkandla is that all of those people who were constructed to build did not care about the old man.  Read more...

13 comments 1565 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.

Blogs Your opinion on you, me and everyone.

TV Get us in your home, on your television.

 
Interactive Advertising Bureau
 
© 2015 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.