Posts

Showing posts from April, 2020

Sales is Simple

Image
Simplifying the sales process is the key to operating a successful business. Sales is simply finding a product that customer wants and selling that product to the customer. You can use a three step sales conversation such as: 1) This is my product 2) This is my price 3) Do you want to buy? This is simplest sales conversation that any salesperson can have with a customer. For example if you operate an egg farm then your sales conversation would sound like this: 1) I have eggs for sale 2) They cost $250 per dozen 3) Do you want any? This method of selling has proven to be effective since the beginning of time from the agrarian age to the information age. Business is also simple and should be kept that way to avoid confusing the customer. There are several simple businesses that one can start in the Laboratory Medicine industry. Keep It Simple Stupid (KISS) is a principle that should be applied to avoid interrupting the sales process. A stall in the sales process is usually due t...

Medical Business ideas of 2020

Image
After the COVID-19 pandemic ends there will be a rebirth of entrepreneurship and a transition in how business is conducted from 2020 onwards. There are some business ideas, especially in the field of Laboratory Medicine, that entrepreneurs and salespeople can capitalize on in order to come out stronger and better on the other side of this recession. Working from home is now the economic reality for many and several millions of people are now unemployed and are in search of strategies to make a living. Medical Technologists , now more than ever, have to develop an entrepreneurial mindset in order to make use to the countless opportunities that this pandemic offers. Home-based online businesses are now becoming more accepted as a solution to this economic contraction. Five businesses in the Laboratory Medicine industry that you can start after the COVID-19 pandemic include: Medical Transportation, Medical Delivery, Medical Cleaning, Medical Waste Disposal and Medical Laboratory . ...