WHICH ONE IS VITAL TRAIT FOR BEING A RENOWNED BUSINESSMEN?

Customers are the kings, if there is no customer base, selling is difficult.

Thanks for the referral Mr.Amit.

THANK YOU AMIT.ONE CAN BECOME  A BUSINESSMAN  IN NO TIME  AND BE SUCCESSFUL BY USING YOUR INTELLIGENCE, BUT TO BECOME  A RENOWNED BUSINESS MAN WHICH IS ALONG PROCESS AND ONLY BY BEING VERY DIPLOMATIC ONE CAN  SUSTAIN IN BUSINESS AND BECOME RENOWNED.

I think, both are required at different times. Intellectuality for expansion and growth in business and diplomacy to get the work done.

Hello Manish, Both required. Then only you can sustain in competitive world. Just diplomatic alone will not help you. you have to use your intelligence and keep the customer happy and loyal to you. Then only you will succed.

K Rajagopalan,

With intellect, one can create a business.

with diplomacy he can manage it

with both he can develop it and sustain it

with ego he can kill it.

Diplomacy is very much essential for anyone to succeed in business as well as in any other sphere of life.

Diplomatic, I would say

1. Thru Intellect one can hone in a lot of skills. But being diplomatic needs a lot of patience which is inborn trait.

2. While I have met many an intellectual person who have had “Emperor” sized ego, most successful diplomatic person I have met have maintained a balance ego. Normally one would find intellectual persons to have inflated egos. Balanced Ego is very essential because one of the most important and vital skills for a successful businessman is “negotiation skills”. And an inflated EGO kills a good negotiater. It also puts a screen (Purdha) on the other requirements like vision, goals, etc.

3. A good diplomat and a negotiator would also see things from the other person’s perspective. This is very important to close deals and manage people.

4.  A good diplomat would sympathies and empathies and whenever required would slightly bend the rule book. This is very rare in an intellectual personality, who would only go by what is strictly the rule and facts and thus people would find it very difficult to deal / handle him.

To be a renowned businessman, we need to be diplomatic and also intellectually strong. Diplomacy helps us to win today's war but intellectualism helps us to survive future wars and ensures our survival for the long term.

Diplomacy without intellectualism or vice-versa does not guarantee a person will not become a renowned businessman but it increases the probability of becoming a renowned businessman. Additionally, apart from these factors, many other factors like risk taking ability, etc. are also involved for a person becoming a renowned businessman.

Actually, we need both for a perfect businessperson, but diplomatic approach will make him win in all situations.

To be sucessful one should be diplomatic. Take the case of one of the most sucessful business magnet Mr Mukesh Ambani. He runs such mamoth organisations with diplomatic skills on top of everything.

Diplomacy wins the day that is what is required for the business and Intellectuality attracts the customers what we call marketing.