“If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.''John D. Rockefeller, industrialist, cofounder of Standard Oil Co., and philanthropist” I was looking through the brochure of a prestigious European business school when I spied the phrase ‘’The more you know, the more you..
Read moreIdentifying Key Business Success Factors
Having identified factors that lead to business failure, it is only logical to identify factors that enhance business success. Integrity: Every business thrives on the reputation and goodwill of its customers. Good reputation is built when the business fulfils its promises to customers. In that connection, efforts must be made to provide services or supply..
Read moreAverting Business Failure
In the real business world, it is not smooth sailing, which is why many businesses fail. There is the risk that a business, especially a new business, will fail which will make the entrepreneur suffer the loss of the capital invested in the business. It is therefore very important for the business owner to be..
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