When you’re creating something valuable for others, you’ll often face trade-offs. Let’s learn about trade-offs and how they affect your business ideas!
A trade-off is when you have to choose between two good things because you can’t have both. In business, this often means choosing what features or benefits to offer in your product or service.
2. Dog-Walking Service Trade-offs:
3. Homemade Bracelet Business Trade-offs:
Sometimes, customers might choose something else over what you’re offering. This is normal in business! Here’s how to handle it:
Imagine you’re starting a sandwich shop. You have to make these trade-offs:
Each choice will appeal to different customers. By making these trade-offs wisely, you create value that some customers will really appreciate!
Remember, making trade-offs is a key part of creating value in business. It helps you focus on what’s most important and create something truly special for your customers!
Verse 1:
Got a business dream, so many ways to go
Fresh or easy, fast or slow
Gotta make a choice, can’t have it all
But that’s okay, you’re gonna stand tall
Pre-Chorus:
Listen close to what they say
Your customers will show the way
Chorus:
Choices, choices, every step you take
Decisions, decisions, that’s what leaders make
Focus on your strengths, let your talents shine
You’ll find your perfect design
It’s all about the choices you make
Verse 2:
Some will love it, some might walk away
That’s just business, it’s okay
Learn from every ‘no’, grow from every ‘yes’
Your unique style is gonna impress
(Pre-Chorus)
(Chorus)
Bridge:
Sometimes it’s tough, but don’t you stress
Each choice you make is a step to success
Believe in your vision, trust in your heart
That’s how all great businesses start
(Chorus)
Outro:
Choices, choices, shaping your way
Building your dream, day by day
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