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Increasing Value

It’s Tough (To Build a Good Business)

By August 2, 2024No Comments

As the title says, it’s not easy to build, grow, maintain a profitable business. If you’ve done it, you should be congratulated.

This was, again, brought to my attention by an article in the Wall Street Journal titles, “Still No Profit for Amazon’s Twitch.” After a decade and over $1 billion into it, it’s struggling.

Trendy, yes. Solving customer problems, probably not based on the results. There’s nothing wrong with trying new things, but…

For most of us, helping our customers do better is what it’s all about. It’s tough, but what you have to do to be profitable.