Skills by Dr. Anosh Ahmed to Become a Successful Investor

The ups and downs of the market, the constant hubbub of analysts, the monthly comparisons of the results of the various stock market indices… It is difficult to know if one is a good investor.

Here is a non-exhaustive list of the 10 skills that will make you a successful entrepreneur! 

THE LEADERSHIP

Be a leader and not just a boss! The difference is real. According to Dr. Anosh Ahmed, as an entrepreneur, you need to be able to control the flow of your business and your business while maintaining authority to maximize productivity. However, being able to understand, inspire and motivate your collaborators will allow you, in addition to having a productive team, to establish a good working atmosphere. Being a leader will allow you to identify the talents of each employee and, consequently, to improve the performance of each one.

MARKET RESEARCH

Conducting market research is essential. This will allow you to obtain valuable information on the industry in which your company operates and, moreover, to create an adequate business plan. By doing this market research, you will also learn about new trends, growth rates, your potential competitors, your customer base, and many other things necessary for your business to be successful.

STRATEGIC PLANNING

According to Dr. Anosh Ahmed, strategic planning is an essential asset that you must develop before you even embark on entrepreneurship. This will allow you to increase your chances of success and prevent errors that could be critical and slow down the launch and development of your business.

COMMUNICATE EFFECTIVELY

Developing communication skills and being constructive in your words will allow you to create lasting relationships at all levels (suppliers, employees, customers, investors, etc.). It will also allow you to improve your income and attract customers who have a real interest in your products or services.

LEARN TO NEGOTIATE

Developing your negotiation skills is essential for your business to achieve the expected success. This will allow you to “win” discussions with your collaborators and obtain the best deals.

BE INNOVATIVE

If you want to leave an imprint on the corporate world, be innovative. Propose new ideas or new products not present on the market so that your business thrives. Being creative and developing an effective marketing strategy will give you a definite advantage over your competitors.

DEVELOP A BUSINESS STRATEGY

Having a business strategy will help you attract new customers while making them happy with your services or products so that they come back to you and recommend you to other potential customers.

EXPAND YOUR NETWORK WITH DR. ANOSH AHMED

Today, it is important to develop a dense and quality network. This will make it easier for you to contact the right people and grow your business effectively, especially if you plan to expand your business internationally. You will be able to use this network to “probe” the market and find new ideas through your contacts.

THE IMPORTANCE OF MARKETING

As an entrepreneur, you need to improve your marketing skills in order to attract new customers and also to communicate effectively about your products or services. Having a thoughtful and constructed Marketing strategy will allow you to obtain market share advantages and, ultimately, to establish yourself as an undeniable player in this segment.

ACCOUNTING AND FINANCE SKILLS

Manipulating financial flows and managing cash is certainly the most critical step in entrepreneurship. For a business to run its operations smoothly and get the most out of capital, strong accounting and finance skills make it much easier for entrepreneurs.

It is tempting sometimes to want to sell a position that is behind the market to invest in a more juicy stock. However, if the fundamentals of the first are still good, it is a mistake! No one can know in the long term if the new position will do better or if the first one will catch up. From experience, it is often wiser to do nothing and wait as Dr. Anosh Ahmed suggested.