How to manage 10 shopping, traveling on a yacht with his family

Entrepreneur in question, was a writer and a senior auditor of ISO 9000. ISO 9000 - a series of international standards that describe the requirements for a quality management system that is used by major brands.

Thanks to these standards, stakeholders can be assured that the plant, located in a different country, will produce products of good quality. And no need to carry out a thorough inspection to check. If the plant is certified according to ISO 9000 or ISO 9001, then it will work at the proper level.

ISO 9000 standards, the company adhere to the automotive, chemical, aerospace and manufacturing industries industry, such as GM, Chrysler, Boeing, General Electric, Northrop Grumman, Alibaba and Eastman Chemical Company.

The businessman told Dave that he applied the principles of the ISO 9000 quality management for the ten companies, which he founded. Among them - the BMX and skateboard shop, pawn shops network, a consulting firm, a shop of musical instruments business for online sales, construction and property management, store firearms, online shop of seafood selling shop for surf boards with a paddle and a shop selling shopping equipment.

Do you think that his business takes all his time. Certainly not. He spends his time traveling with his family on one of his yachts: Zephyr or Whispering Eye.

Here's what he told about life and business.

1. You need to have multiple sources of income

If you look for only one out of ten businesses, you will not see anything spectacular. It will generate income, which is enough for a decent but simple life for a small family, no more. It is a thankless, but a stable, concentrated and generally profitable work. Simple and plain. But young crazy suckers want something outstanding and viral. My businesses are not viral, but they help different groups of people to solve the problem over and over again.

Multiply a small but unusual and profitable business by ten, and you get a diversified portfolio and multi-million dollar income.

2. Do not invite partners

If possible, do not conclude partnerships. The more partners, the smaller your piece of the profits. The more partners, the more difficult to defend their point of view. The more partners, the more time it will take making decisions. Partnership Benefits overvalued.

Learn the skill of their own, start a business, and then hire the right people.

3. Explore the market

In our city, the market is small. We're not in San Francisco, Paris or New York. I noticed that the small markets lag behind the big two or three years. What is sold in the big cities, in small will not be sold at the same time. But wait two or three years, and this product will start to fly away like hot cakes. Find one of these products and the first to open a store in a small town.

4. Hire employees with the mind

My co-workers and the Multidisciplinary can perform tasks in various areas of business. The girl behind the counter at the same time engaged in the promotion of social networks when no customers.

At the head of each business manager standing with a bank card. All of them are trained to ISO 9000 standards, and they have full control over the business. Due to the transparency of the system motivation I am sure that businesses are working well, the managers take care of it. If they want to order a new popular product, first you have to sell enough to fill up a bank account.

I'm looking for independent and responsible people who are fans of the business. This allows me to travel, because I know that my staff are working very well for their own benefit.

Oh, and we often have a party. We share marketing ideas, what tactics applicable in one business may not work for others. We award for achievement and doing fun things together.

How to succeed in business

The mission of my company is very simple: to provide customers with quality products and to provide additional services.

To be successful in business, it is not necessary to change the world. Successful business - is when they meet a need for something and secure the provision of the service or product.

Sell ​​something. If this product, check its quality, set a fair price, and make sure that you can reach the break-even point. If you provide a service, make sure that you can sell additional services that you well versed in this area, and services are unique, at least in that market, where you They occupied a niche.