Let Us Talk Business

Let Us Talk Business Let's Talk Business is a page where we educate people on little tips for business success. It's also a market place for your Business. See You at the Top.

06/05/2026

A business is more than selling.
It’s about creating value, attracting people, delivering results, and making enough profit to grow.
Learn the real foundation of business with Tudohs Business School.

17/04/2026

Most people think they have a business…
but they don’t.

If you don’t have value, customers, and a way to get paid—
it’s not a business yet.

Welcome to Tudohs Business School.
We help you start right, grow fast, and scale smart.

21/06/2020

People are almost always willing to pay for things that they believe are too much of a pain to take care of themselves. Where there's a hassle, there's a business opportunity.
Hassle come in many forms. The project or task in question may:
1) Take too much time to complete.
2) Require too much effort to ensure a good result.
3) Distract from other, more important priorities.
4) Involve too much confusion, uncertainty, or complexity.
5) Require costly or intimidating prior experience.
6) Require specialized resource or equipment that's difficult to obtain. Etc.
The more hassle a project or task involves, the more people are generally willing to pay for an easy solution or for someone to complete the job on their behalf.
If you're looking for a new business idea, start looking for hassles. Where there's hassle, there's opportunity. The more hassle you eliminate for your customers, the more you'll collect in revenue.

20/06/2020

Resale, value number five.
Resale is the acquisition of an asset from a wholesaler, followed by the sales of the asset to a retail buyer at a higher price.
In order to provide value as a reseller, you must;
1. Purchase a product as inexpensively as possible, usually in bulk.
2. Keep the product in good condition until sales.
3. Find potential purchasers of the products as quickly as possible to keep inventory cost low.
4. Sell the product for as high a markup as possible.
Resellers are valuable because they help wholesaler sell products without having to find individual purchasers.
Sourcing good products at low prices and managing inventory levels are keys to reselling.

19/06/2020

Form of Value four, Subscription.
A subscription program provides predefined benefits on an ongoing basis in exchange for a recurring fee. The actual benefits provided can be tangible or intangible.
The key different are
a) the expectation of additional value to be provided in the future and
b) that fees will be collected until the subscription is canceled.
In order to create a successful Subscription, you must;
1. Provide significant value to each subscriber on a regular basis.
2. Build a subscriber base and continually attract new subscribers to compensate for attrition.
3. Bill customers on a recurring basis.
4. Retain each subscriber as long as possible.
Cable television service is a good example.

18/06/2020

Third form of Value; Shared Resource.
A shared resource is a durable asset that can be used by many people. It's allow you to create the asset once, then charge your customers for its use.
In order to create a successful shared resource Business, you must;
1. Create an asset people want to have access to.
2. Serve as many users as you can without affecting the quality of each user's experience.
3. Charge enough to maintain and improve the shared resource over time.
Gyms and fitness clubs are example of shared resource Business. Businesses like museums and amusement parks work in the same way.

17/06/2020

2. Form of Value, Service.
A service involves helping or assisting someone in exchange for a fee. To create value via service, you must be able to provide some type of benefit to the user.
In order to create a successful service, your business must:
1. Have employees capable of a skill or ability other people require but can't, won't or don't want to use themselves.
2. Ensure that the Service is provided
With consistently high quality.
3. Attract and retain paying customers.
A good example of service Business is the barbershop. Service typically depend on the service provider's investment of time and energy.
If you're developing a service, be sure to charge enough to compensate for the time you'll be investing on a daily basis in providing the service to your customers. Otherwise, you'll discover that you're working too hard for too little a reward.

16/06/2020

Business is all about creating a product or service so good that people will pay for it.
1. Product.
A tangible form of value. To run a product-oriented business, you must:
1. Create some sort of tangible item that people want.
2. Produce that item as inexpensively as possible while maintaining an acceptable level of quality.
3. Sell as many units as possible for as high a price as the market will bear.
4. Keep enough inventory of finished product available to fulfill orders as thy come in.
Your Phone is an example of a product.
.

15/06/2020

Twelve Standard Forms of Value.
In order to successfully provide value to others, it must take on a form they're willing to pay for. Fortunately, there's no need to reinvent the wheel. Economic value take on one of these forms.
1. Product. Create a single tangible item or entity, then sell and deliver it for more than it cost to make it.
2. Service. Provide help or assistance, then charge a fee for the benefit rendered.
3. Shared Resource. Create a durable asset that can be used by many people, then charge for access.
4. Subscription. Offer a benefit on an ongoing basis, and charge a recurring fee.
5. Resale. Acquire an asset from a wholesaler, the sell that asset to a retail buyer at a higher price.
6. Lease. Acquire an asset, then allow others to use that asset for a predefined amount of time in exchange for a fee.
7. Agency. Market and sell an asset or service you don't own on behalf of a third party, then collect a percentage of the transaction Price as a fee.
8. Audience Aggregation. Get the attention of a group of people with certain characteristics, then sell access in the form of advertising to other businesses looking to reach that audience.
9. Loan. Lean a certain amount of money, then collect payment over a predefined period of time equal to the original loan plus a predefined interest rate.
10. Option. Offer the ability to take a predefined action for a fixed period of time in exchange for a fee.
11. Insurance. Take on the risk of some specific bad thing happening to the policy holder in exchange for a predefined series of payments, then pay out claims only when the bad thing actually happens.
12. Capital. Purchase an ownership stake in a business, then collect a corresponding portion of profit as a one-time payment or ongoing dividend.
We will talk more about these forms of value.
.

14/06/2020

Core Human Drive;
If you're going to build a successful business, it's useful to have a basic understanding of what people want.
According to HBS Prof. Paul Lawrence, we four core drive;
1. The Drive to Acquire. Businesses here include retailers, investment brokerages, properties company, political consultant etc.
2. The Drive to Learn. Businesses here include, schools, book publishing, training workshop etc.
3. The Drive to Bond. Companies that promised to make us attractive, well liked or highly regarded. Restaurant, dating service, conference etc.
4. The Drive to Defend. Companies that promise to keep us safe, home alarm systems, insurance, legal etc.
5. The Drive to Feel. Those that offer to give pleasure, thrill us ..., Restaurant, movies, games concerts sports etc.
The more you articulate on how your product satisfies one or more of these drives, the more attractive your offer will be.

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