Most people end up owning a business by accident. Therefore, they don't usually have a thought process and a strategic plan in place.
Sentiment: NEGATIVE
Companies buy customers when they cannot win new business on their own. They merge when their executives do not have a better idea of what to do.
A lot of people who own a business aren't entrepreneurial at all.
All entrepreneurs make decisions. Some will go right, and some will not go that right.
There's one thing I've learned about entrepreneurs' business plans. Every one is wrong.
So many of the major decisions that affect the entire future of your enterprise happen during its first year in business. In fact, most don't make it because they don't know how to get the resources they need to survive.
It's better to take over and build upon an existing business than to start a new one.
People come in with business plans and, I mean I know that no one is going to meet everything they say in a business plan but you got to have something to, to guide towards.
Business ends up being very dynamic and situational.
The average member of the public thinks of 'business' as an impersonal corporate entity owned by the very rich and managed by overpaid executives. There is an almost total failure to appreciate that 'business' actually embraces - in one way or another - most Americans.
People think about their business instead of their products.