Believing that your business is drastically different from others is a classic pitfall in entrepreneurship. Avoid falling into that trap. Assuming that you’re unique will prevent you and your employees from ever learning anything from outside the world of your company.
It doesn’t really matter what industry you’re in, for the most part. The basics are surprisingly similar across different fields and lines of work.
Investor and business expert Scott Oldford developed what he calls“the nuclear effect” to help his readers build businesses worth millions. Key to his system is acknowledging that businesses should innovate with their products and services—and not with regard to operations, marketing, and finance.
If you can get the basics right, you can act more effectively and efficiently as you steer your business through its inevitable ups and downs. Start saving time, energy, and funds with our Instaread on The Nuclear Effect.