Business Strategy for Entrepreneurs

In the 90's a very famous novel was transmitted in Venezuela, "Por Estas Calles", in it there was a character that was very popular for the time, Eudomar Santos, his premise of life was "as it comes we will see". Studies indicate that, on average worldwide, 80% of businesses fail before the age of five and 90% of them fail before the age of 10. New businesses have focused on selling, selling and selling. This is an important aspect, but not the only one. We must become the managers of our business, manage resources, make budgets, optimize processes, know what the customer wants, properly select suppliers and raw materials, know the distribution channels, among other things. It may sound overwhelming at first, but these are the consequences of owning our own business and especially if we want it to have continuity over time. The starting point will be the strategic management, formulate a mission and a vision, raise the objectives and develop strategies to get results. run your business in an intelligent and structured.