March 5, 2004

Speaking of Business: Start with seven pillars of success in business

Q: I recently bought a company that went bankrupt. I am forming a team and am trying to rebuild the whole business. What do you do when you help a new or emerging business?

A: When consulting with a new business, I always start with a shared vision that has an exit strategy in mind. I also make sure both your personal and corporate goals are well-defined. Remember, two keys to your success are making sure you have a solid business mission and the discipline to implement necessary systems.

Make certain that planning and systematizing are integrated throughout your…

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