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Entrepreneurship , Business & Online Work Forum / Re: what drives the success of a business.
« on: Today at 10:11:20 PM »Yes this must be the case. There are smart business owners who can manage to do well with their business for a longer period of time. We all know that the trend in businesses can easily be exchange with a new trend or what most people call as seasonal.Some of the businesses that are popular in my country are the first ones in their respective market, which is hard to dethrone given that they always improve by looking at what features can they take from their competitors.The owners of the businesses must know how to maintain their market. They must always improve their services and the quality of their products. If there is no innovation in the businesses, it must be overtaken by new competitors. The pioneer of certain businesses may have its own advantages. However, if they can't have a proper way to maintain the businesses, it must fail to survive a long time.
However, it is indeed hard to overcome those kind of businesses that's why it is better not to think of it. Focusing solely on the progress and development of your own business is a must and never look on the progress of other business competitors. Because if you always look at the other people's business, there would be a limitation on the imagination that you can have for the better of your business.