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Only a single of each and every 5 firms tends to make it to its 5th yr, and much less nonetheless make it to ten many years. What do the productive companies have in typical? 1. The knowledge and skills of the top administrators. In excess of 50 percent of business failures are right related to managerial incompetence. two. The energy, persistence and resourcefulness (the will to make the business succeed) of the best managers. Numerous business owners have failed or occur shut numerous occasions prior to their "immediate" accomplishment. Don't give up. three. A
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