The three keys to small business success

Last weekend, I helped facilitate our first startup workshop of the year in Maricopa, Arizona for a group of eight entrepreneurs. During our discussion of business models, one participant – a management consultant attending the class to gain a new perspective on teaching small business skills – pointed out what she saw to be the fatal flaw in many startups. “They keep talking and talking, and planning and planning,” she said. “But they don’t ever get to the doing.” This got me thinking. What distinguishes a successful small business from the unsuccessful ones that pop up and die out within a year? After some brainstorming, I created a list of three keys to success for any small business. The

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