The 3 Pillars of Running a Business That Operates Smoothly
Don't over-complicate what really needs to happen to cultivate a successful enterprise.
A lot has been written about how to build and sustain a successful business, but so much of that research and writing over-complicates what needs to happen to cultivate a successful enterprise. It comes down to three main components: Business foundations, strategy and culture.
Business foundations
As you begin to form a company and start to hire your first employees, you will need to provide them with the story of why you're in business. So many times, this is stuck in the founders' brains and not shared widely with the employees. If you're not sure how to share this story, think about it in the context of why you exist and what you hope to achieve as an organization.
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Entrepreneur Editors' Picks
-
This Co-Founder Was Kicked Out of Retailers for Pitching a 'Taboo' Beauty Product. Now, Her Multi-Million-Dollar Company Sells It for More Than $20 an Ounce.
-
Have You Ever Obsessed Over 'What If'? According to Scientists, You Don't Actually Know What Would Have Fixed Everything.
-
After He Was Fired From the UFC, This Former Fighter Turned His Passion Into a Thriving Business
-
Most People Don't Know These 2 Things Are Resume Red Flags. A Career Expert Reveals How to Work Around Them.
-
How One Woman Turned Pandemic-Induced Boredom and a Makeshift Garage Art Studio Into a Thriving Franchise
-
Use These 4 Self-Care Rituals for More Resilience and Less Depletion
-
Shark Tank's Barbara Corcoran Wants to Invest in 'Someone Who Probably Needs a Good Shrink Instead of a Business'