What is Business Mastery?
- HVillarreal
- Jun 27, 2015
- 1 min read
They're the seven parts of any business that have to be consistently managed to consistently grow and succeed. Most people know that 50 percent of all startups are gone within the first year and that 96 percent of all business fail after 10 years.
Why do so many business fail? Because even a small business requires consistent improvement in many areas simultaneously in order to compete and win. Oftentimes, entrepreneurs have some core skill sets -- perhaps they're extraordinary at writing code or creating extraordinary products -- but their marketing skills are low. Or, their marketing skills might be off the charts but their inability to make effective financial analysis in the end destroys all they've built. They make poor decisions, and decisions shape our business destiny.
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