Sunday, May 6, 2012
GEM by Stephen W. Gibson
The Simple Little GEM can help your business grow and grow
GEM: Gathering, Enhancing, and Marketing.
My ability to manage these three elementary, but very vital, process will determine my success as an entrepreneur.
Gather:
Collect all my raw materials/resources/equipment to run my business
Enhancing:
Add value to the resources I have gathered. Assemble my product, mix my ingredients, etc to make it worthy to sell for a profit.
Market:
Pick a location to sell the product. Methods may be different from area to area and culture to culture, but location is just as important as the product, maybe even more in many cases. Also purchase the amount of product that you think you can sell. Don't over stock, but try not to under stock either.
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