Establishing and running a successful business, is no easy matter in today’s time. If done wrong, it can be a time and resource-consuming project. But with these Tips from SIXT business, you can achieve your goals of running a successful and growing business. Only half of all business startups survive the first 5 years, says Tom Eisenmann, a Harvard Business School Professor. Eisenmann states that the business Keys to success are not only good planning and organisation but as well analytic thinking, awareness of the competition, preparedness for sacrifices and being ready for the tasks ahead. Keys to success 1. Analyse the competition As the quote goes Your enemy can be your best teacher, this saying goes as well for businesses. If you look into the work of your competitors, learn from their projects, work and failures. You don’t have to copy their enterprise that will only hurt your own business and reputation. But learning from your competition, and how they resolved issues and made their business flourish can be business Keys to success. Depending on the type of bus...
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