FINANCIAL POSITION
The reason you refer to business models in the world is difficult to apply because to create a financial position and create those competitive advantages; people need a lot of comforts, especially cash flow, cash, reserve fund, ability to generate profit, or ability to mobilize resources (Capital, people, relationships).
For example: For a company that wants to produce a quick sample quantity (Zara), from the date of production to the point of sale ready for sale is 9 days, for companies in Vietnam as I know it is 21-25 days.
Obviously, they are in a position that other companies cannot imitate; that is FINANCIAL POSITION, cash or finance cash flow is strong enough for them to have the initiative to optimize resources, supply, take advantage of continuous production stages and steps to optimize the number of days, or they Accept pre-production, higher MOQ (Minimum Order Quantity) to bring a superior value to customers: Faster delivery, more diverse samples but controlled inventory… safe.
The perception that ‘new models are fast, numerous and strange’ – that is the feeling that the brand wants customers to know; but in terms of competition, which Brand handles inventory better, that Brand eats, doesn’t seem to be an easy story without a good FINANCIAL STATION.
In addition, to handle this (This superior perceived brand value) requires a lot of effort to understand cash flow, competitive advantage or cash, or ability to raise capital (VEN in short) FINANCIAL POSITION) to maintain that competitive advantage until competitors in the industry are unable to do so and lose market share to the competition.
Therefore, our Equitix Investing portfolios always say and make it clear to Founders that a good FINANCIAL STATION creates a class of business people that they can’t see from other parties.
Well, it’s true that they still lack perspective, so the essence is not seeing, not wanting to see but not … looking out.
So when listening to someone share, choose people who understand the cash flow that is right for your size to design the right competitive advantage or focus, don’t let other fancy terms like ‘ QUICK DESIGN’, ’30 MIN DELIVERY’, and ask why they…share it with you.
Because they know to be in their FINANCIAL POSITION, you basically can’t afford to do it, but in fact, it’s just an activity to talk about their success.
Founders, Silence and focus on doing so, focus until your FINANCIAL STATION is enough to share with others, so that … very few people can imitate.
Not in a good position, should not share anything, right?
In the companies in the catalog of Equitix Investing, I am accompanying.
I always ask them, how many people believe that they are smart and talented?
The data shows that very few people are confident right from the start to identify themselves as intelligent and different.
Because in our society, a smart person is defined as someone who was born with different standards, roughly… fast learning, 1 to 10 learning, excellent achievement, knowing a few languages, or something like that. high income from a very early age.
However, our success in the process of building a strategy to attract talent for our organization is to make them believe that they are talented.
The most sustainable strategy is: Create them, not just hunt talented people.
The point is that we have to find:
– Your personality
– Your goals
– Our company’s goals
Cross it and help you grow, and realize your talents when placed in the right place.
We believe that, when individuals are placed in the right place and properly developed their abilities and intelligence, they will bring outstanding results to the organization where they work and contribute.
In the process of setting up and training something for your employees, during the employee experience journey:
– Recruitment brand
– Recruiting
– Integration
– Using
– Keeping
– Talent development
– Pausing work
The most difficult thing is how to observe and know what types of Intelligence they (our personnel) have.
Without understanding them and answering ‘who you are’, training and personal development work are meaningless and futile.
Live by the standards and defaults of adults and outdated society. Develop yourself as… yourself.
When you ask yourself you don’t know why, you are doing something and are always trusted by others; while you … always doubt this, then know that you were born to be yourself and it is also difficult for others to do it like you because simply, they are them, they also have a fate due to their personality. they form, they’re not friends so it’s hard to compare, simple as that.
So the point is to be confident and believes in yourself.
Myself:
– introspection
– language
– problem-solving and strong reasoning
– interaction and communication
– philosophy
– a bit of physicality
Where are you? Be confident.