I asked Google for the definition of business and it defined it as “A person’s regular occupation, profession, or trade.” I was like, alright, that’s great and all…but I need a better, more in depth definition. After looking at the Webster dictionary, I found the closest definition to the word that matches my thoughts when I think of business. Webster defines business as “a usually commercial or mercantile activity engaged in as a means of livelihood.”
So, this means that anyone who is selling something is conducting business. Under both definitions, you actually don’t have to have a store at all! If you sold oranges, you could actually just walk around and sell oranges and technically be doing business.
Maybe the name of your business could be “The Amazing Orange-Seller.”
Anyway, the reason why I even investigated the word Business is because when I tell people that I own 3 businesses, as I mentioned earlier in my previous post on hobbies, they look at me like I’m kidding. They stare at me like it’s impossible for a 20 year old to own a business, let alone 3. It’s cool though. It’s not expected for a young person to own businesses but I think what’s even more unexpected is the idea of a business being something so simple.
To really break it down, business simply means selling something. You usually want to make a profit but that’s not even part of the definition! When you’re selling something, you’re conducting business. Whether you make profit or not is up to you. I actually came to learn that sometimes not making profit right away could lead to more profit later…it’s super counter-intuitive but it’s true. Big companies do it all the time. It’s a marketing and sales promoting strategy called Sampling. Check it out. (You can google it )
So if you’re like me, and you have a business, don’t be afraid to call it a business. Be bold and market your product with confidence that you actually own the business you’re conducting and make the best of it! The reason why most people fail to achieve their success is their fear of failure. America’s biggest phobia is public speaking. And it has been for a whiiiile. Fear cripples people and when it comes to business, it can make it completely lame. Stand up for yourself and your business! You have so much potential for success, it’s ridiculous. Face your fears and chase your success as if it was the air you breathe.
Thank you guys so much for liking my blogs especially that I just started blogging! It’s REALLY ENCOURAGING! I’ll write more on drive and passion for success on another future post!
p.s.- Please comment and tell me what you’d like for me to write about!