We know, that there are so many facts that can contribute to a successful business. So, for those that are entrepreneurs and those that have entrepreneural spirit, what is the major fact that contributes to the success of a business?
In a simple sentence from experiences and knowledge I have acquired, I can mention the following characteristics.
1: Having a correct mindset as an entrepreneur can drive success.
2: Siting your business in a good location can drive success.
3: Understanding the kind of business you do and finding the right market for it. For example, if you sell „x“ Items, find a market where „x“ Items are mostly needed. Don't go to market that "y" Items are needed most.
4: Maintain a good customer-relationship, and you will definitely be able to win the hearts of so many customers, and with a good customer-relationship, it can bring about customers loyalty.
There are more, which I would love you guys to mention and also specify the ones that I think are the major drives.