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Business strategy - Abdul Rahman Ibn Awf
262
Transcript
STRATEGIC MANAGEMENT
CONCLUSION
- Do not rule out even a little rizq.
- Accelerate all the transaction.
- Use cash transaction only.
"Nine tenths of sustenance (rizq) is derived from trade.."
(Hadith narrated by Imam Ahmad)
STRATEGY#4
- Transactions in cash only.
- Not adopt a differed payment.
STRATEGY#1
KEY OF SUCCESS IN BUSINESS COMPETITION BY ABD RAHMAN IBN AWF ARE PRAYER, WIRID AND OTHER ACTS IN WORSHIP IN ORDER TO EARN ALLAH AS AN ASSISTANT AND LEADER.
- Sell = Cost Price without profit
- Just took profit on the sale of CAMEL ROPES
- The ropes is sale are beautiful and come in many colors.
- History has recorded that he had to sell a thousand camels in one day alone.
- Every rope, he will get profit for 1 Dirham.
STRATEGY#2
- Thanksgiving notwithstanding profit-a little.
- Do not take for granted about the profits to be taken from buyers.
- Nor take it easy on HALAL and HARAM in business.
STRATEGY#3
- Fulfill customer demand.
TYPE OF BUSINESS
- Don't lazy and take it easy about the items requested by the customer.
- Camel Business
- He managed to dominate this camel business that had previously been dominated by Jews
HOW ABDUL RAHMAN IBN AWF ABLE TO BREAK THE JEWISH STRATEGY??
WHO IS HE?
- One of the first eight persons to accept Islam
- One of the six persons chosen by Umar to form the council of shura to choose the Khalifah after his death
- Renowned merchant
- Entrepreneur
Abdul Rahman Ibn Awf Tree
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