It is said that mathematical knowledge is a fundamental factor to achieve business success. Although mathematic is not sufficient alone for this approach, I completely agree that it has been one of the crucial factors which contribute to success.
To begin with, being a successful entrepreneur require understanding the basic principle of math as it is necessary for establishing a profitable and sustainable business. If you want to start the business, formally you must estimate all the expenses such as outgoing and incoming cash which will be associated with your career in the future. Consequently, by using financial analysis entrepreneurs have been given a chance to plan their operating strategies to have a successful business. Even if you recruit a sophisticated accountant or your business has not related to math, you will need to know your total revenue for making a reasonable income. Moreover, the business may get into huge financial trouble if the manager knows nothing about maths skills.
On the other hand, for being a successful entrepreneur you should have many personality traits such as long-term vision. Actually, the long-term success of your business requires that you can be able to look ahead and know that what you want to achieve in the future. That where your company want to go and what the future of the company looks like. This is critically important as it can determine the company’s tasks and drive employees forward. The manager who has clearly say his vision can easily motivate his or her employees. Take Amazon as an example, When Amazon was launched in 1995 its manager said that our corporation vision is 'to be Earth’s most customer-centric company, where the costumer can find everything they might want to buy online'. As a result, nowadays Amazon has been the first international customer-centric company in the world.
In conclusion, math skills indeed play a vital role in the successful business but it is not adequate and should be mixed with other features and skills.
It
is said
that mathematical knowledge is a fundamental factor to achieve
business
success. Although mathematic is not sufficient alone for this approach, I completely
agree
that it has been one of the crucial factors which contribute to success.
To
begin
with, being a
successful
entrepreneur require understanding the basic principle of
math
as it is necessary for establishing a profitable and sustainable
business
. If you
want
to
start
the
business
,
formally
you
must
estimate all the expenses such as outgoing and incoming cash which will
be associated
with your career in the future.
Consequently
, by using financial analysis entrepreneurs have been
given
a chance to plan their operating strategies to have a
successful
business
. Even if you recruit a sophisticated accountant or your
business
has not related to
math
, you will need to know your total revenue for making a reasonable income.
Moreover
, the
business
may
get
into huge financial trouble if the manager knows nothing about
maths
skills
.
On the other hand
, for being a
successful
entrepreneur you should have
many
personality traits such as long-term vision. Actually, the long-term success of your
business
requires that you can be able to look ahead and know that what you
want
to achieve in the future. That where your
company
want
to go and what the future of the
company
looks like. This is
critically
important
as it can determine the
company’s
tasks and drive employees forward. The manager who has
clearly
say his vision can
easily
motivate
his or her
employees. Take Amazon as an example, When Amazon
was launched
in 1995 its manager said that our corporation vision is 'to be Earth’s most customer-centric
company
, where the costumer can find everything they might
want
to
buy
online'.
As a result
, nowadays Amazon has been the
first
international customer-centric
company
in the world.
In conclusion
,
math
skills
indeed
play a vital role in the
successful
business
but
it is not adequate and should
be mixed
with other features and
skills
.