Entrepreneurs' Blog

Posts Tagged ‘Business Survival

When we assess long term business success and look at the top US companies in the year 1900, we find that only three of the top 10 companies still maintained their position 100 years later in the year 2000, and the rest had either failed altogether or dropped out of the top 100.

In family business it is often taken for granted that there will always be a family member at the helm of the company. However, this may not be good for the business nor actually what the heir apparent truly wants.

By taking time to understand your customers experience and enduring that your customer care is better than everyone else’s, you will be so focused on making your customers FEEL GOOD WHEN BUYING FROM YOU they will never have a reason to deflect to the competition!

In a recession or not, controlling cash is totally critical for business survival. Once they have been recognised, many cash flow problems can be reduced or turned around – many business owners are slow to pinpoint the problem, and then it’s too late.

For some people, small errors send big messages that can unfairly undermine the credibility of a product or service. However, most successful business owners will skim-read so fast they won’t even notice a word has been spelt wrong. They are more interested in what a website is offering – and whether it will help their bottom line.



  • Morgan Grage: I like this post, enjoyed this one regards for putting up. "No man is wise enough by himself." by Titus Maccius Plautus.
  • Derek: Brilliant article Bev, thanks for sharing. coincidentally the kilimamjaro example used is on my 2014 to do list! Ps thanks for the tips you gave me
  • jackson: thanks for your great article about developing your business idea to great business Jackson mutebi

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The Entrepreneurs' Business Academy is a unique and highly practical one stop resource for business owners and aspiring entrepreneurs, providing a range of courses , EVENTS and materials that give step-by-step guidance for entrepreneurs on their business journey. The EBA's courses have been put together by James Caan and Bev James MD of EBA and The Coaching Academy, and specifically designed to teach its participants the skills required to take an idea and turn it into a reality. Read more...

 

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