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Have you ever thought to yourself, "One of these days people will realize I don't know as much as they think"?
Within the first five years of a small business venture, about half do not survive, according to the government's Small Business Administration. And after 10 years, only a third are still around.
As the chairman of one of the world's largest business support organizations, I've encountered countless prospective entrepreneurs trying to put their ideas into action by launching a business. My experiences have given me a unique insight into what makes and breaks a business in today's market.
Can you imagine your life as you want it to be? Great! Are you stalled in getting there? Take heart—you have it within you to succeed. These 12 tips will help.
Sherlock Holmes is fond of saying, "You see but you do not observe." Poirot states: "It is the why of human behavior that interests me." It pays to do a little sleuthing in the workplace where things are not always as they appear.
When my father, Dave Power, founded J.D. Power and Associates in 1968, he was already in his late thirties with enough education and work experience under his belt to provide a solid understanding of business. But he also had a lifelong interest in understanding people's motivations—what made them tick—that I think allowed him to not only excel in the field of market research but also effectively lead the more than seven hundred people that made up his organization.