Ten Strategies to Improve Your Business
"Over the last few years, we have seen some exceptional strategies implemented by some of our portfolio companies and others in the market to give them an advantage over their competition. I decided to make a list of the ideas that stood out in my mind that other companies could implement - regardless of the industry focus.
1. Service your competitor's customers when they have problems...
2. Understand your competitive advantage...
3. Hire smart people...
4. Create a positive image in the community for your company...
5. Understand who your best customers are and shower them with attention. Also learn how your can sell more to this important customer group....
6. Don't spend a lot of time focusing on raising capital...
7. Work with partners, not service providers...
8. Spend time with others in the market that have "done it before" and pick their brain...
9. Be obsessed with success...
10. Offer strong packages to attract and retain your employees"
Read more in this Southeast VC post.
