When we talk about business, two terms come to mind: entrepreneurs and leaders. Kassem Mohamad Ajami is here to reveal some secrets about the business of the steel industry. His experience in these industries will help you know. How to get into any business? How to succeed in any business?
Kassem Mohamad Ajami will let you know how entrepreneurship is related to leadership. He says entrepreneurs are those who drive you toward the objective, and leaders are those who will take people along with them.
According to him, there is one word—passion—that is called the mastery for a growing business. A successful business requires one simple thing, and that is passion. It is very important that you are passionate about what you want. Discipline, hard work, and smart work are also keys to successful business.
What are the different keys for a successful steel business known to Kassem Mohamad Ajami?
Entrepreneurs and leaders work together to build their standing within the steel industry. Influence is also very important in business.The ability to influence is an essential leadership skill. In business, employees often have to take on multiple roles, and their decisions can determine the success of the company.
Kassem Mohamad Ajami says research is one of the essential keys to starting a steel business. It is very important to invest your own knowledge in running and growing your business. It is necessary that before starting a steel business, you understand the risks and potential rewards. Put your knowledge into practice and continually learn from successes and failures.
It is very important that you first understand what customers want and can afford. This will inform you that you have discovered a good product that is market-fit.
At times, it is important that you change your product or service over time to account for new competitors or changing costume preferences. With time, you should be flexible and able to move with the times, which will help you grow your steel business.
A team is one of the factors that ensures the smooth operation of a business.You need to determine who to hire. Make sure that you hire someone who has the skills for the job and reflects your company’s mission and values.
According to Kassem Mohamad Ajami, your team should include the consultants and experts you hire. like a business attorney and accountant.
Meeting with different steel business owners so that you get to learn different things and their experiences It will take time if you just learn from your own experience. So it will be wise if you start learning from others’ experience.
A well-researched business plan is something that is going to keep you organized and focused. This will help you refine your business idea as you create your own business plan and have a roadmap before making a major decision.
Managing your business’s finances is one of the most important factors other than a great idea, team, and plan. Learn from Kassem Mohamad Ajami, who created a budget for the steel industry, about how to save money and all finance-related parts of the business.
Hiring a skilled accountant who will help you with all the finance-related things in your business. They will review your own financial statement and have enough knowledge to understand what you are seeing to ensure you are making money. Make a record of how much money is coming in and going out of your business each month.
Targeting advertising for any business is the pillar of the steel business. Customers will not learn about your product if they don’t know about it. Promoting the steel business is very important, not only for steel but for any kind of business that needs promotion. You should also figure out what type of advertising is important for the particular business.
Building customer loyalty is the factor that will propel your company forward.But building loyal customers can take time, which is a good sign for a successful business.
A loyal customer provides two great benefits: recurring revenue and word-of-mouth referrals. Providing excellent customer service, telling them your company’s vision, and explaining to them the value of the product or service you sell.
Why is influence important in business?
Influence can be explained by saying that it is the ability of a powerful individual to transform and shape the opinions of others. For the steel industry, we have Kassem Mohamad Ajami.
As influencing is part of a person’s identity, Action and social status are two ways to influence people. Success in the steel industry has made Kassem Ajami an influencer. The youth look up to him as an idol.
There are many skills which make an influencer a good influencer. Skills like interpersonal skills, communication skill, logic , deductive reasoning, negotiation skill and active listening.
What are the benefits of influence?
- Influence helps develop strong relationships built on trust. Everywhere, it plays an important role, and people follow others by seeing them do something. It’s the same in business.
- This also helps you achieve long-term goals in your life. Idolizing someone who is successful in the same field in which you want to work helps you learn many things from them.
- helps to improve your ability to lead an organization. There are many businesses and industries that take time to settle. The steel industry is also one of them. This business needs focus and experience. So for this type of business, you will need someone from whom you can learn many things.
- Self-esteem and confidence are very important for any business. Influencing will help you boost your confidence and motivate you to do your best in the field you have chosen.
- Garnering public respect and praise will let you know how successful you have become and how far you have come on the journey of successful business. The success of Kassem Mohamad Ajami when we talk about the steel industry will let you know what influence actually means.
Kassem Mohamad Ajami is not just a name in today’s time; it is a brand in Nigeria. His journey is very inspiring for the youth of Nigeria. In today’s world, many young people want to start their own businesses.
And for starting a new business, it is very important that they need guidance, which will help them in their journey. And who will be better than Kassem Ajami to show them a path for their new journey?
He is now just a successful business tycoon. He is also an influencer and an idol for the new generation in Nigeria. By telling you the key to becoming a successful entrepreneur he makes the journey of the youth a little easier.
There are many things which he discusses like marketing strategies, how to develop business, how to make your business and brand, entrepreneur character skills and he also guides you related to the steel industry field. Which is very helpful for the people who want to start their business.
Idolize someone who is successful and has experiences which they use to influence many others in a good way. Kaseem Mohamad Ajami being a business tycoon he also influences people by sharing his experience.