To be successful over the long-term of any business, one must be better at the business end than on the production end.
You can make the best firearms in the world, but if you don't have the necessary business skills, you'll fail.
You can make mediocre products, but if your business skills are great, you can rake in the money.
Under capitalization has been the failure of many businesses. So has being a one-man-at-the-top business without a succession plan when that top man dies.
You can make the best firearms in the world, but if you don't have the necessary business skills, you'll fail.
You can make mediocre products, but if your business skills are great, you can rake in the money.
Under capitalization has been the failure of many businesses. So has being a one-man-at-the-top business without a succession plan when that top man dies.
Last edited: