There are 21 critical actions that every new business founder must take in order to ensure their business is a success. This detailed guide will help show you the way.
My name is Geoff Schmidt. Throughout my 15 year financial services career in New York I have been fascinated by the answer to one simple question:
Why is it that some companies take off like a rocket, with all that this entails – easy to access to financing, great customers and practically no competition; while others struggle to get off the ground, if they get off the ground at all??
I have seen some of the most brilliant business ideas fail miserably, while other, seemingly bland, even basic ideas generate outsized profits year after year, decade after decade for the companies that implements them. The answer that comes back time and time again may surprise you. It’s not complicated, in fact its actually very simple.
The fact is, replicable success in one business is also replicable in another – you just need the same formula and similar conditions. We talk a lot about those ideas on this site.
Most of the ideas contained inside are not new; however, virtually all of them are descendants of the Pareto School of thought – The 80/20 Rule: 80% of a company’s outcomes are derived from 20% of its actions. In other words what’s inside is highly effective and easily replicable in your business most of the time.
So enter a keyword in the search bar below or hone in on a category in the top menu of the site. Above all else, have fun and keep learning!