In my world, 80% of Business is Just Business, 10% is your ability to sell your self and your offerings (aka your ability to communicate) , and 10% is trade related.
There is an Acronym I use to think of the 80% of Business that is just business -- FAMMSOIT/bELS.
It stands for Finance, Accounting, Management, Marketing, Management Science/Operations, Information Technology and Business Ethics, Legal and Strategy.
Using this Acronym as a framework for any business makes for a simplifying and clarifying thought for many given time to sink in. With this generic framework in mind, it's easier to understand how I can provide support to a wide range of individuals in all types of business environments.
The order of the topics presented is also something to be mindful of. While not perfect for setting priorities, given all business revolves around the disciplined management of money, if you don't start with Finance, Accounting, and Management, you are starting in the wrong spot.
Our educational systems have led many astray. They have split the population into two groups. There are those that study business but are not encouraged to study sales or trade -- and those who are told sales or their trade is where all their time and money needs to go for education -- while telling them to let others handle the rest.
This has created co-dependence in society that is good for building corporations and bloated government systems, but bad for small business and quality of life.
This is also frustrating when you see just how simple a holistic Business Education framework can be and how just a small amount of time at a far younger age could have enabled many to be far more versatile and well rounded in ways that are self empowering.
