characteristics-successful-companies

Characteristics That the Most Successful Companies Share

As an entrepreneur or business owner, you look for ways to ensure your company is always moving forward and making improvements. You’ve seen articles like this: “Seven Traits of Successful Businesses” or “The Five Characteristics of Enduring Companies.” These articles all have a slightly different spin on the same subject — recognizing what distinguishes a wonderful, enduring company from the average, here-today-gone-tomorrow company. Below we are going to step through characteristics successful companies share. These articles can’t ALL be right, can they? It’s possible. Just like a human being, an organization is a unique entity. What one organization considers as vital as air could be lethal gas to another company. What’s likely is that common elements exist across these articles. With that in mind, this article attempts to aggregate them. But first, two absolutes Even a company with the best bundle of the best characteristics aren’t worth diddly without these two elements: #1 The business provides a great user experience. #2 The business provides an innovative solution (or an excellent product/service). In measuring these two absolutes, it doesn’t seem as if #2 can stand on its own. It’s like when you go to that new, gourmet restaurant that everyone raves …