Focus on the Keys to Business Success

You might say that I’m obsessed with helping people, because so many people are desperate to make a living right now.  When people send me business opportunities to evaluate in the middle of the night, I sacrifice sleep so that I can help them. 

So I want to share with you the 7 Keys to business success.

7 Keys to Business Success

1.)    Have a product, idea, service, widget, or gadget that people are willing to pay money for.

2.)    Price that product, service, or idea so that you can make a profit.

3.)    Have a plan on how you will run your business

4.)    Sell your product, service, or idea to your customers

5.)    Make your product or perform your service

6.)    Get paid for your product or service

7.)    Account for your product or service

Every successful business in the world does these steps.  When you break a business down to its simplest components, business is not that complicated.  If you faithfully execute all of these 7 Keys, you will have business success.  Most businesses fail because they fail to execute at least one of these 7 Keys to success. 

At the end of this article is a quick S.W.O.T. (Strengths, Weaknesses, Opportunities, and Threats) Matrix that will help determine how successful you are at implementing the 7 Keys to Business Success.  I challenge you to rate yourself against your competitors and see how you do.

John Wheeler

Simple Competitive Analysis