Definition        

        "Businessman is a person who is engaged in buying & selling of goods & services to earn profit."

                            

                               Qualities of Good Businessman


Quality means doing the right when no one is looking.


 1- personal qualities                                  2- professional qualities

 Foresight                                                                                                   Planning Ability

 Courteous                                                                                                  Experienced

 Hardworking                                                                                             Degree of business education

 Honest                                                                                                       Coordination

 Man of Principle                                                                                        Ability of innovation

 Confident                                                                                                   Market knowledge

 Leadership Ability                                                                                     Social responsibility

 Patience                                                                                                     Human problems

 Courage                                                                                                     Labor management

 Determination                                                                                           Financial Management

 Physical Appearance                                                                                 Decision Power

 Financial Soundness                                                                                 A Good intellect

 Managerial Skills                                                                                     Personal Qualities


                                1- personal qualities  


  •       A good businessman should be careful about future expectations and has an ability of foreseeing. The businessman must think about the future that he may not be able to sell tomorrow what he is selling



  • A businessman must have the quality of courtesy. It costs nothing but wins the reputation. A businessman must be polite with his customers and employees in any business or personal dealing. "Courtesy is to business what oil is to machinery"



  • A businessman must be hard worker, without hardworking a businessman cannot be successful. If the owner does not work hard then how it can possible that employees perform their best. "Hardworking is key to success"



  • A good businessman should be honest in business dealings. The goodwill of the business depends upon his honesty & sincerity. There should be no fraud with anyone in or out the business.



  • A good businessman must have the ability to maintain the discipline. He must follows the principles of morality )اخلاقیات in business dealings. This strategy helps to expand the business.



  • It is personal quality of businessman. This quality enables him to work with great determination even in un favourable circumstances.



  • The success of every movement / activity depends upon the leader. A good businessman should have the quality to lead his staff and maintains good relationship with them. The workers and subordinates work whole heartedly if they have good relation with owners.



  • Businessman has to meet with variety of persons for business matter, some of them may be not according to his taste & nature so there is always a need of patience. If the businessman loses his temper then he may face problems and suffer loss.



  • A businessman has courage if he has physical and nervous energy. A bold and courageous man can face ups and downs in the business.



  • Determination is the will power that puts the businessman on work. He must be determinant to carry on his work even in bad trade period.



  • The physical appearance and the personality of the businessman have great contribution in his success in the business. If he has good appearance and commanding personality, it impresses the employees and makes him a successful businessman.



  • The success of the business mostly depends upon the financial soundness of the businessman. Without sufficient funds no business can be run properly.


                                 Professional Qualities


  • A businessman, if he is to shine in business must have the ability to plan and organize it.


  • Experience is necessary to manage and run the business affairs effectively. If he is trained then it will increase the intelligence level of the businessman.


  • Thorough knowledge of the business world, as well as of technology, economics, politics, history, and other matters, is important for business leaders. Intellect helps to cultivate a global perspective and


  • A good businessman must have the degree of business education; a well educated businessman can perform most of the business functions by himself which will reduce the cost of business.


  • Extension of the business requires excessive finance, so the good businessman should not only be financially sound, but should also know the skills of financial management.


  • A sense of competition helps to uplift the business in order to lead the industry. The desire to do better than competitors can prove vital to succeed.


Conclusion


"Too many people overvalue what they are not and undervalue what they are"