You are more familiar with investment in stocks . Some people starting out incorrectly , believe they do not know anything about investing. The reality is, you underestimate yourself, because a major portion of booming investing is , understanding about the company , actually, what does company do which stock you selecting.
You are used to utilize many products and services in daily life. By them you make your life enjoyable and your work more fruitful. They may make your children laugh as well as your teenager stop for a moment and have a glance at them in any shopping malls.
These services and products are possible investment candidates. You might spot one , before becoming a market leader, by keeping your eyes open. Even , you do not make an investment in the market , leader may not be a bad policy .
How can you judge a company , whether , it is occupying a leadership position or not. , if I would have the exact answer to that question, I had offered , my lawn mowing job to Bill Gates.
If you see today’s market leaders like, Dell Computer, you can have some hints, about their progress.
Michael Dell , started his own business , in a college room and after 20 years, he is the owner of the world’s largest personal computer company.
Though Dell is not the inventor of the personal computer. It was Apple and IBM companies that introduced personal computers but former has only 5 percent of the market share now and later sold off personal computer division to the Chinese’s company.
How could it be possible for Dell to achieve it ?I am not certain it was not technology , but I have doubts about having a patent. Though Dell computers are good , however not modern. They use the same components in building computers as other do.
Which thing puts the Dell on the tapped position. It was surely selling directly to consumers. Before Dell no one had record of direct selling to consumers .With internet boom Dell achieves the greatest marketing success.
When other companies were worried about speed and hard drives, Dell kept its focus on customer needs.
The buyer can place an online order. However they will have to pay overnight shipping charges.
How could it was possible to have spotted Dell computers in the early phase. Certainly in these days it’s very easy to look all the symbols . You also must know that for each Dell many other companies cannot achieve its great level of success.
Ever time when you want to investment , certainly you do not need to go in such detain , but the companies with firm customers-oriented thinking usually gets noticed like Dell.
Focus on the products and services that really put you first. See how do these services and products make your life and work enjoyable .Keep one thing in mind that from Dell customers come first not technologically.