Interviews
Most important difference between survivors & losers…- CEO, Clothesource
25 Nov '08
6 min read
1. Right now, what matters is surviving. And that means cash. Only make what you can make money on – and get paid for. And if you can't make money, sell yourself to someone who can pay you before the bankruptcy people leave you with nothing.
2. If you're not making money selling to customers in your own country (where, usually, it's tough for foreign manufacturers to compete), why should you make money as one of a thousand competing businesses trying to sell to a retailer in Germany or the US?.
3. Do you really, really, know why you're more valuable to your clients than your competitors? If not, why not? After money in the bank, understanding everything you possibly can about your customers – and acting on that knowledge – is the single most important difference between survivors and losers. That's what will give you an edge over the thousands of other businesses pitching for his order.
2. If you're not making money selling to customers in your own country (where, usually, it's tough for foreign manufacturers to compete), why should you make money as one of a thousand competing businesses trying to sell to a retailer in Germany or the US?.
3. Do you really, really, know why you're more valuable to your clients than your competitors? If not, why not? After money in the bank, understanding everything you possibly can about your customers – and acting on that knowledge – is the single most important difference between survivors and losers. That's what will give you an edge over the thousands of other businesses pitching for his order.
Fibre2fashion News Desk - India
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