7 Essential Principles of Small Business Success

Why does one small business owner flourish while another one fails? In all my years of being in business, reading all I can about business, and surrounding myself with successful entrepreneurs (large and small), I have come to believe there are 7 essential principles that all successful small business owners have in common.

 

 

 

  1. An entrepreneurial mindset
  2. Strict fiscal discipline
  3. A kitchen cabinet of advisors
  4. A defined brand
  5. A niche market
  6. Excellent customer service
  7. Cash position and a good banking relationship

 

Read More

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s