Showing posts with label vision. Show all posts
Showing posts with label vision. Show all posts

Monday, May 13, 2013

Planning for Real Success


According to the Bureau of Labor Statistics, over 50% of all business close their doors in the first five years. Over two-thirds never make it past ten years.

Why?


There may be many reasons, but many experts say that entrepreneurs often enter businesses with a great vision and boundless determination but need assistance for business development. 


I started my first business when I was 19. I was a successful superintendent for a medium size siding material and installation company, and had moved quickly through the ranks with a lot of help from friends and co-workers who saw a little potential. But being young and full of take-on-the-world energy soon enticed me to break out on my own and start a small construction company. Before I knew it, I had 17 employees and not a lick of sense about what I was doing! It was a time of great expansion and possibility but also a time when a recession was looming 3 years down the road. I had no idea. . . forecasts, projections, critical indicators? I knew what I was suppose to get done that week and worked hard to add to my calendar of jobs, but had little knowledge about how to run a business.

Life's experience, education and a great deal of teachers and mentors have taught me a lot about business, people, and what makes a company fail and flourish. Now I hope to share it with others.


It is my vision to increase the number of successful businesses by providing tools to develop businesses and help them thrive.

As I write, review important topics, and share a little of my experience, I will strive to help your vision become reality.

Robert Putnam