10 answers
Kashish
Student
Prosper, Texas
1
Question
Asked
1572 views
What skills do businessmen require ?
I’m a junior in high school and I want to go into business. What skills do I need to build or have in order to succeed in a field like business management?
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10 answers
Ryan Curry
Techreative | Vetrepreneur | Culturategist
84
Answers
Los Angeles, California
Updated
Ryan’s Answer
Hi Kashish,
Business management requires hard and soft skills (I will list them below). Business acumen is a combination of these skills and experience. To know whether you even like the field of business management, I would suggest the following:
1. Join business clubs and organizations: Joining clubs and organizations related to business, such as Future Business Leaders of America (FBLA), DECA, or Junior Achievement, can provide opportunities to develop leadership, communication, and teamwork skills.
2. Take business-related courses: Many high schools offer courses in business, such as marketing, accounting, and entrepreneurship. Taking these courses can provide a foundation in business principles and skills.
3. Seek out internships or volunteer opportunities: Look for internships or volunteer opportunities with local businesses or non-profit organizations. This can provide hands-on experience in areas such as customer service, sales, or event planning.
4. Read business-related books and articles: Reading books and articles related to business, leadership, and entrepreneurship can provide valuable insights and knowledge.
5. Build a network: Building a network of mentors, peers, and professionals in the business community can provide opportunities for learning, feedback, and support.
6. Practice public speaking and communication: Effective communication is critical in business. Practice public speaking, participate in debates, and work on your writing skills.
7. Develop problem-solving and critical thinking skills: Look for opportunities to solve problems and think critically. This can include participating in academic competitions, solving puzzles and brain teasers, and taking on challenging projects.
Remember, developing these skills takes time and practice. Don't be afraid to make mistakes or seek feedback from others. With dedication and hard work, you can develop the skills needed to succeed in business.
Hard skills:
- Financial literacy: understanding financial statements, budgeting, forecasting, and other financial concepts
- Data analysis: being able to analyze and interpret data to make informed decisions
- Marketing skills: understanding how to develop and execute marketing strategies and campaigns
- Technology proficiency: being able to use various software and tools for communication, project management, and data analysis
- Sales skills: being able to sell products or services effectively
Soft skills:
- Communication: being able to communicate effectively with team members, clients, and stakeholders
- Leadership: being able to lead and motivate a team towards achieving business goals
- Critical thinking: being able to analyze information and make strategic decisions
- Adaptability: being able to adapt to changing situations and pivot when necessary
- Emotional intelligence: being able to understand and manage emotions, and empathize with others
Business management requires hard and soft skills (I will list them below). Business acumen is a combination of these skills and experience. To know whether you even like the field of business management, I would suggest the following:
1. Join business clubs and organizations: Joining clubs and organizations related to business, such as Future Business Leaders of America (FBLA), DECA, or Junior Achievement, can provide opportunities to develop leadership, communication, and teamwork skills.
2. Take business-related courses: Many high schools offer courses in business, such as marketing, accounting, and entrepreneurship. Taking these courses can provide a foundation in business principles and skills.
3. Seek out internships or volunteer opportunities: Look for internships or volunteer opportunities with local businesses or non-profit organizations. This can provide hands-on experience in areas such as customer service, sales, or event planning.
4. Read business-related books and articles: Reading books and articles related to business, leadership, and entrepreneurship can provide valuable insights and knowledge.
5. Build a network: Building a network of mentors, peers, and professionals in the business community can provide opportunities for learning, feedback, and support.
6. Practice public speaking and communication: Effective communication is critical in business. Practice public speaking, participate in debates, and work on your writing skills.
7. Develop problem-solving and critical thinking skills: Look for opportunities to solve problems and think critically. This can include participating in academic competitions, solving puzzles and brain teasers, and taking on challenging projects.
Remember, developing these skills takes time and practice. Don't be afraid to make mistakes or seek feedback from others. With dedication and hard work, you can develop the skills needed to succeed in business.
Hard skills:
- Financial literacy: understanding financial statements, budgeting, forecasting, and other financial concepts
- Data analysis: being able to analyze and interpret data to make informed decisions
- Marketing skills: understanding how to develop and execute marketing strategies and campaigns
- Technology proficiency: being able to use various software and tools for communication, project management, and data analysis
- Sales skills: being able to sell products or services effectively
Soft skills:
- Communication: being able to communicate effectively with team members, clients, and stakeholders
- Leadership: being able to lead and motivate a team towards achieving business goals
- Critical thinking: being able to analyze information and make strategic decisions
- Adaptability: being able to adapt to changing situations and pivot when necessary
- Emotional intelligence: being able to understand and manage emotions, and empathize with others
Ajin Thomas
Sr Consultant
7
Answers
Houston, Texas
Updated
Ajin’s Answer
Hi Kashish,
Going into business management is a great Idea. Few skills to build in order to be successful in a field like business management are,
1. Getting a formal degree in business ( Not mandatory but helps)
2. Understanding basic business finance (Revenue, Profit, cost, EBIT etc)
3. Marketing!!! Being able to sell your business well. Basically sales. Ensure you can present Ideas well.
4. People skills, this is very important in business as your not always gonna do things by yourself and would need a team to scale
5. Aware of business trends - Reading business news should become second nature
6. Tech Savy - You would wanna be able to infuse digital tech in your business functions and activities
These are few of the basic high level skills that would help to be successful in this domain. Best of luck!!!
Going into business management is a great Idea. Few skills to build in order to be successful in a field like business management are,
1. Getting a formal degree in business ( Not mandatory but helps)
2. Understanding basic business finance (Revenue, Profit, cost, EBIT etc)
3. Marketing!!! Being able to sell your business well. Basically sales. Ensure you can present Ideas well.
4. People skills, this is very important in business as your not always gonna do things by yourself and would need a team to scale
5. Aware of business trends - Reading business news should become second nature
6. Tech Savy - You would wanna be able to infuse digital tech in your business functions and activities
These are few of the basic high level skills that would help to be successful in this domain. Best of luck!!!
david kirk
Retired Computing Manager
478
Answers
Syracuse, New York
Updated
david’s Answer
Hi, that's a big question, Kashish, as business management encompasses a wide variety. However, here are some basics that come to mind:
- some knowledge of analyzing data, whether in reports or spreadsheets or charts. Financial reports are the heartbeat of business.
- negotiating skills. you will occasionally need to work with others and negotiating that relationship is important
- leadership is vital to ensure people pay attention to your direction and support you.
- communication skills. Whether written or oral, you need to be sure that others understand what you are telling them and in helping them to support your recommendations
- emotional awareness. That knowledge of you and how you are perceived, plus your ability to see others in how they relate within the business. That includes the ability to promote and demote, to hire and to fire, to encourage and to redirect, to share and to stand apart.
- the ability to make decisions and then act on them
- the ability to network continually.
I am sure there are more, and these could each use many paragraphs (or books) to expand on them, but I offer for your review. All the best.
- some knowledge of analyzing data, whether in reports or spreadsheets or charts. Financial reports are the heartbeat of business.
- negotiating skills. you will occasionally need to work with others and negotiating that relationship is important
- leadership is vital to ensure people pay attention to your direction and support you.
- communication skills. Whether written or oral, you need to be sure that others understand what you are telling them and in helping them to support your recommendations
- emotional awareness. That knowledge of you and how you are perceived, plus your ability to see others in how they relate within the business. That includes the ability to promote and demote, to hire and to fire, to encourage and to redirect, to share and to stand apart.
- the ability to make decisions and then act on them
- the ability to network continually.
I am sure there are more, and these could each use many paragraphs (or books) to expand on them, but I offer for your review. All the best.
I am really grateful you took the time to answer this question.
Samuel
Alex Belot
Project Manager
26
Answers
Orlando, Florida
Updated
Alex’s Answer
Hi Kashish,
Some of the basic knowledge you will need to be a businessman are:
Basic economics to advance
Business trends
Some business law
Need communications skills
Have some Human resources knowledge
Technology (basic computer skills, Excel etc.)
Depending on how you go about getting your business knowledge, you may require to get one or two statistic classes.
Hope that helps.
Some of the basic knowledge you will need to be a businessman are:
Basic economics to advance
Business trends
Some business law
Need communications skills
Have some Human resources knowledge
Technology (basic computer skills, Excel etc.)
Depending on how you go about getting your business knowledge, you may require to get one or two statistic classes.
Hope that helps.
Thank you!
Samuel
Kaylee Wang
Human Resources
4
Answers
Long Beach, California
Updated
Kaylee’s Answer
Hi Kashish,
That's great you have clarity on what field you want to get into. To be successful in business I find it helpful to break down the skills needed into a mix of technical aka hard skills and soft skills.
Technical skills: Economics, finance, accounting, human resources, marketing, and technology.
Soft skills: Problem solving, strategic thinking, communication, presenting, leadership, emotional intelligence, and being adaptable/flexible.
Many of the hard skills will be learned in books, courses, school, online or on the job. You may already have some of the soft skills and can grow or develop them in similar ways to hard skills, but also through things like community engagement, sports, and more. This can help you get a head start if you aren't yet ready to start learning the technical skills.
Good luck on your journey and I hope this helps!
That's great you have clarity on what field you want to get into. To be successful in business I find it helpful to break down the skills needed into a mix of technical aka hard skills and soft skills.
Technical skills: Economics, finance, accounting, human resources, marketing, and technology.
Soft skills: Problem solving, strategic thinking, communication, presenting, leadership, emotional intelligence, and being adaptable/flexible.
Many of the hard skills will be learned in books, courses, school, online or on the job. You may already have some of the soft skills and can grow or develop them in similar ways to hard skills, but also through things like community engagement, sports, and more. This can help you get a head start if you aren't yet ready to start learning the technical skills.
Good luck on your journey and I hope this helps!
Thank you, Kaylee for the advice.
Samuel
Toby Motyka
Marketing & Pricing
1
Answer
Randolph, New Jersey
Updated
Toby’s Answer
Hi Kashish,
There is no one singular answer to this question, but instead some general skills that I would recommend focusing on.
1 - Soft skills and networking are hugely important and critical in business management and transferrable from industry to industry. Your ability to talk to your direct reports, peers, or leadership will lead you far in business and can be a real differentiator. Discovering your own personal brand, and marketing that personal brand as someone who can reach across the organization and speak with clarity, authority, and empathy, will take you far!
2 - In terms of hard skills, a focus on STEM related subjects will prepare you well for the present and future of business. There are some roles that will focus more on creative, and some that will focus almost entirely on analytics. However, being able to at least understand it and speak to it is critical in many or most business roles, especially at a management level! Again - business management means you will work with and interact with many different people in different roles across the organization. This is where your soft skills and hard skills can come together!
3 - Always be open to learning new skills. This will help bring value to you as a business manager as roles evolve and opportunities present themselves to you!
I hope this helps. Best of luck to you in your journey!
There is no one singular answer to this question, but instead some general skills that I would recommend focusing on.
1 - Soft skills and networking are hugely important and critical in business management and transferrable from industry to industry. Your ability to talk to your direct reports, peers, or leadership will lead you far in business and can be a real differentiator. Discovering your own personal brand, and marketing that personal brand as someone who can reach across the organization and speak with clarity, authority, and empathy, will take you far!
2 - In terms of hard skills, a focus on STEM related subjects will prepare you well for the present and future of business. There are some roles that will focus more on creative, and some that will focus almost entirely on analytics. However, being able to at least understand it and speak to it is critical in many or most business roles, especially at a management level! Again - business management means you will work with and interact with many different people in different roles across the organization. This is where your soft skills and hard skills can come together!
3 - Always be open to learning new skills. This will help bring value to you as a business manager as roles evolve and opportunities present themselves to you!
I hope this helps. Best of luck to you in your journey!
Dawnyale Oliver, MBA, PHR
Senior Recruiter
35
Answers
Fort Worth, Texas
Updated
Dawnyale’s Answer
Hello Kashish,
Being great at business requires a broad skill set that stretches across many different types of work. First, I would say that being personable is highly important. Most people enjoy working with people who are easy to get along with and that they feel they have some commonalities with. I would practice working with people from different walks in life - different ages, different backgrounds, different levels of experience in different areas. This helps you to be more well-rounded in your approach to creating common ground which is normally a first step in building lasting relationships.
It's also important to have excellent work ethic. You want to aim to be the type of person that people can depend on. When you say you're going to do something, make sure that you make it happen. Being great at business requires a level of predictability that that others need in forming strong partnerships with you. And in business, a large part of your job will be connected to the work of others, so it's incredibly important to show them that they can depend on you as you also depend on them.
I also believe that being deeply knowledgeable about your work is a great skill you'll need. Part of success is working hard, but the other part is knowing what you're doing and feeling connected the reasons why it's being done. You should never stop studying your craft - technology and changing environments will always add to the complexity of work, and knowing that, you'll likely need to adapt to what's happening. It's easier to do so when you've become a student of your work and know what other companies in the industry are doing.
My last piece of advice is closely tied to my previous statement, you should be able and willing to adapt. Many of us struggle with change, as sometimes it can be overwhelming when we're there's uncertainty. However, being the first to try out a new system, quickly getting behind new initiatives and sharing new and more efficient ways to get the job done are business traits that are valuable to any organization.
I hope I provided you with some good insight into the business world and wish you the best of luck in the future!
Being great at business requires a broad skill set that stretches across many different types of work. First, I would say that being personable is highly important. Most people enjoy working with people who are easy to get along with and that they feel they have some commonalities with. I would practice working with people from different walks in life - different ages, different backgrounds, different levels of experience in different areas. This helps you to be more well-rounded in your approach to creating common ground which is normally a first step in building lasting relationships.
It's also important to have excellent work ethic. You want to aim to be the type of person that people can depend on. When you say you're going to do something, make sure that you make it happen. Being great at business requires a level of predictability that that others need in forming strong partnerships with you. And in business, a large part of your job will be connected to the work of others, so it's incredibly important to show them that they can depend on you as you also depend on them.
I also believe that being deeply knowledgeable about your work is a great skill you'll need. Part of success is working hard, but the other part is knowing what you're doing and feeling connected the reasons why it's being done. You should never stop studying your craft - technology and changing environments will always add to the complexity of work, and knowing that, you'll likely need to adapt to what's happening. It's easier to do so when you've become a student of your work and know what other companies in the industry are doing.
My last piece of advice is closely tied to my previous statement, you should be able and willing to adapt. Many of us struggle with change, as sometimes it can be overwhelming when we're there's uncertainty. However, being the first to try out a new system, quickly getting behind new initiatives and sharing new and more efficient ways to get the job done are business traits that are valuable to any organization.
I hope I provided you with some good insight into the business world and wish you the best of luck in the future!
Javier Jr. Huerta-Ramirez
CE
2
Answers
Los Angeles, California
Updated
Javier Jr.’s Answer
Hello Kashish,
I remember when I was junior in high school, it is motivating to hear from someone planning ahead and setting goals.
My first question: Are you currently taking any business classes that are being offered in your high school?
Second question: Have you connected with your counselor about possibility taking Community College courses during "summer 23" (business classes) The business courses will count towards your lower division degree.
Third question: With what you have learned in school, have you selected 10 Top businesses to work for?
You already have skills that you have built during your 3 years in high school, continue to grow those skills by going college or part-time jobs (during the summer).
Hope this helps and good luck!
I remember when I was junior in high school, it is motivating to hear from someone planning ahead and setting goals.
My first question: Are you currently taking any business classes that are being offered in your high school?
Second question: Have you connected with your counselor about possibility taking Community College courses during "summer 23" (business classes) The business courses will count towards your lower division degree.
Third question: With what you have learned in school, have you selected 10 Top businesses to work for?
You already have skills that you have built during your 3 years in high school, continue to grow those skills by going college or part-time jobs (during the summer).
Hope this helps and good luck!
Thank you, this is amazing! I really needed it.
Samuel
Gus Avila
Client Executive
1
Answer
Los Angeles, California
Updated
Gus’s Answer
Hi Khashish,
I'm gonna keep it short and simple, but make no mistake about it the more you learn and the more you are willing to grow the better your will be at anything you do.
1.Know your business( The more you know the better you can overcome obstacles.)
2.Know the basics of business management.(If you know the basics it helps when you start to lead your business)
3.Have the positive attitude.(A positive attitude is infectious and so is a negative one, your team or employees will be a reflection of you)
4.Manage your time efficiently. ( If you don't manage this your tasks or things to do will pile up fast)
5.Know how to manage people. (People work for people they like, customers and business partners do business with people they like, learn to relate to everyone.)
6.Know how to compete.( This can be true in a lot of ways, but it will make you better, no matter what! learn to compete with yourself, peers, other businesses, you will see yourself developing every time.
Things wont always be perfect but from those imperfections you will learn how to overcome obstacles and pivot in to something great. Not every issue or mistake is the end of everything learn from it and grow. Good luck!
I'm gonna keep it short and simple, but make no mistake about it the more you learn and the more you are willing to grow the better your will be at anything you do.
1.Know your business( The more you know the better you can overcome obstacles.)
2.Know the basics of business management.(If you know the basics it helps when you start to lead your business)
3.Have the positive attitude.(A positive attitude is infectious and so is a negative one, your team or employees will be a reflection of you)
4.Manage your time efficiently. ( If you don't manage this your tasks or things to do will pile up fast)
5.Know how to manage people. (People work for people they like, customers and business partners do business with people they like, learn to relate to everyone.)
6.Know how to compete.( This can be true in a lot of ways, but it will make you better, no matter what! learn to compete with yourself, peers, other businesses, you will see yourself developing every time.
Things wont always be perfect but from those imperfections you will learn how to overcome obstacles and pivot in to something great. Not every issue or mistake is the end of everything learn from it and grow. Good luck!
I'm excited to put your great advice to good use!
Samuel
PRASANJIT PASWAN
Service
112
Answers
Bengaluru, Karnataka, India
Updated
PRASANJIT’s Answer
Below are the given skills Businessman needed:
Financial management. Being able to effectively manage your finances is critical.
Marketing, sales and customer service.
Communication and negotiation.
Leadership.
Project management and planning.
Delegation and time management.
Problem solving.
Networking.
Financial management. Being able to effectively manage your finances is critical.
Marketing, sales and customer service.
Communication and negotiation.
Leadership.
Project management and planning.
Delegation and time management.
Problem solving.
Networking.