Great businesses are definitely built on belief and determination. But I'd say they also need a solid plan, the right team, sufficient funding, and the ability to adapt to challenges and changes in the market. Conviction in your vision keeps you going, but you need the fundamentals in place too if you want to succeed long-term IMO.
Core principles, strategic execution, and a strong foundation are the building blocks of great businesses. Consider elements such as a distinct vision and mission, a robust value proposition, and a customer-centric approach.
@shivi_jalota Great businesses are built on good teams because they harness the collective power of diverse skills, experiences, and perspectives. A strong team creates synergy, where the combined effort exceeds what individuals could achieve alone. Teams foster innovation through collaboration, adapt more quickly to challenges, and drive the execution of business strategies. They also shape company culture, attract talent, and enhance problem-solving capabilities. Ultimately, a cohesive team aligned with the company's vision forms the backbone of sustainable business success.
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