INFOGRAPHIC: Traits of a Successful Business vs. an Unsuccessful Business

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Traits of a Successful Business vs. an Unsuccessful Business

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Traits of a Successful Business vs. an Unsuccessful Business

Successful Businesses

  • Have strong leaders
  • Plan strategically
  • Value quality
  • Have a strong brand identity
  • Train employees and hold them to high standards
  • Value employees and encourage them to provide input
  • Put their customers first
  • Utilize mentors, support groups and other resources
  • Keep finances in order
  • Go above and beyond what is expected
  • Learn from mistakes
  • Are willing to change
  • Understand the importance of marketing
  • Are passionate about what they do

Unsuccessful Businesses

  • Lack direction
  • Wing it
  • Cut corners
  • Get lost in the crowd
  • Let employees do whatever they want
  • Treat employees as replaceable parts
  • Put themselves first
  • Pretend they have all the answers
  • Mismanage finances
  • Settle for doing the minimum
  • Blame others
  • Stick with the status quo
  • Rely solely on word of mouth
  • Are just in it for the money

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