Business challenges(strategy)

 

The actual challenge with many traders, entrepreneurs and business owners is not really ignorance, before you decided to go into trading or business it means that you understand some basic principles that guides the execution of duties.

Infact if you go online, you will see lots of information attempting to communicate different knowledge based on what you want to know. So I do not believe that the issues with traders is necessarily ignorance, but I understand that based on the numerous information available, the truth that guides to specific results are being confused.

 We have the knowledge but we do not know which principle or strategy produces a particular kind of result, so we randomly apply strategies in hope that one will work and the danger is that it might actually work, but there won't be mastery.

So when next you come across the same situation, you just apply anything you think you know and hope for results.

  So, what I'm trying to say is that in whatever you do, there should be a mastery of what produces what. 

Imagine a doctor who randomly prescribes drugs to his patients,  truth is that in some cases it might work but in most cases it won't work and would cause even more damages.

Don't just apply strategies anyhow, apply the required knowledge to get the desired results.