What successful businesses do better than unsuccessful businesses
- innovatebiomed
- Jul 20, 2023
- 1 min read
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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