Green Grass Posted August 8, 2020 Share #1 Posted August 8, 2020 ....? Link to comment Share on other sites More sharing options...
maddmaxx ★ Posted August 8, 2020 Share #2 Posted August 8, 2020 First, define success. Is it the amount of money the owner makes? Is it happy, well served customers? Is it a business where the employees feel like part of the family? Is it a business that is established for a long time? Is it a socially responsible business that fills a need in the community? 3 Link to comment Share on other sites More sharing options...
Ralphie ★ Posted August 8, 2020 Share #3 Posted August 8, 2020 It has been a long time since I’ve seen that play, but I remember you don’t have to really try. 1 Link to comment Share on other sites More sharing options...
Airehead Posted August 8, 2020 Share #4 Posted August 8, 2020 Care about your mission 2 Link to comment Share on other sites More sharing options...
Kzoo Posted August 8, 2020 Share #5 Posted August 8, 2020 Have really good people around you. Link to comment Share on other sites More sharing options...
shootingstar Posted August 8, 2020 Share #6 Posted August 8, 2020 1 hour ago, Airehead said: Care about your mission And be very consistent to follow through in an organized manner AND look after your budget. I'm certain for the latter, particularily for small businesses this is where they might fail: they don't how to do financial forecasting and make adjustments along the way married with creative strategy to maintain client base. Have business partners who work together harmoniously and support each other workload-wise. I've seen all this upfront for the last few years via dearie's son's butcher and sandwich shop. 1 Link to comment Share on other sites More sharing options...
Scrapr ★ Posted August 8, 2020 Share #7 Posted August 8, 2020 I define success as good happy empowered employees, customers that keep coming back & a moderate profit margin. To that end you must provide value to your customer. Do that & you have recurring revenue, while providing good margins, which allows good pay & benefits for employees & a decent margin. Value drives all 2 2 Link to comment Share on other sites More sharing options...
2Far ★ Posted August 8, 2020 Share #8 Posted August 8, 2020 Take the $33M offered rather than the $750k fire-sale 3 years later. Link to comment Share on other sites More sharing options...
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