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What successful businesses do better than unsuccessful businesses

Updated: Mar 13

“You only have to do a few things right in your life so long as you don’t do too many things wrong.” – Warren Buffett

Why some businesses are more successful than others

  • They decide exactly what they want to achieve

  • They have a clear mission and a vision

  • They have a clear written business plan

  • They do thorough market research

  • They know exactly who their customers are

  • They know exactly who their competitors are

  • They focus on improving their customers life rather than making the sale

  • They focus on creating and keeping customers rather than making profits

  • They focus on how to fulfil customer needs and desires by delighting and amazing them with their offerings and service

  • They put clear systems in action

  • They hire and keep the best people

“There’s no shortage of remarkable ideas, what’s missing is the will to execute them.” – Seth Godin

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