7 Fun Tenets of Business that You Can Apply to Life

A successful business requires essentially the same thing for a successful life

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.

“Successful entrepreneurship hits the bull’s eye of the American dream, but most simply do not make it,” says veteran Texas businessman David M. Smith, author of “The Texas Spirit,” (www.TheTexasSpiritBook.com).

“You don’t have to have extravagant wealth or a degree from Harvard to make it; a successful business requires essentially the same thing for a successful life – perspective.”

Smith reviews some common denominators for success.

    •    Aim at nothing and you always hit it.
    •    You cannot win on the defensive in business or any other endeavor.
    •    Work toward optimal employment for everyone in your company.
    •    Keep in mind Union Pacific’s motto: “Safety is my responsibility.”
    •    Organize projects, planning and profit action with at least three people, but never more than five.
    •    People chemistry is more important than process chemistry.
    •    Promote voluntary participation regarding medical benefits and thrift and savings plans.

Read the full article at: abwa.org

Patty Block, President and Founder of The Block Group, established her company to advocate for women-owned businesses, helping them position their companies for strategic growth. Charting the course for impactful, sustainable, profitable businesses, the beacon is control: of your strategic direction, your money, your time, your staffing, and your ability to bring in business. The Block Group brings together the people, resources and ideas that build results.

Houston business coaching.

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