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Is There a Sure-Fire Way to Know if Your New Business Will Be a Success?

Escape from Cubicle Nation:

I wish there were a secret formula to ensure that the business idea you have been madly brewing in your mind is going to generate enough income to compensate for your current salary as an employee, if not much more. Unfortunately, there are many, many factors that go into determining business success. One person can have a great, well-researched business idea that seems destined for success on paper, but whimpers out due to a poor sales and marketing effort. Someone else can have a kick-butt marketing plan that skyrockets exposure and generates lots of interest but that implodes due to poor operations planning or cash flow management.

So while there is no guarantee

via Management Craft.

Photo by carlosluis.

   

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