Effective Leadership: This component is important to organizational success.“Your ability to understand these relationships and affect these drivers through your decisions and actions can increase your own ability to contribute to the long term profitability and growth in your company” (Cope, 2012, p.8). Success is based on understanding the dynamics associated with each of these drivers and how to apply integration and practical application techniques to achieve both short and long term success. These include the basics of cash, profits, growth, asset utilization, and people – in effect, the discipline of resource allocation governance. Kevin Cope (2012) in his book, Seeing the Big Picture, provides some insight into key operational drivers. In addition, a disciplined methodology and understanding of key business drivers are imperative.įrom a strategic perspective, we know that two of the major business drivers today are “globalization” and “technology convergence.” Additionally, tactical application drivers are operational issues that must be effectively managed to support the strategy. For example, understanding and aligning to your organizational vision, mission, leadership, strategies, systems, and culture is critical for success. We first must work to understand the dynamics of the enterprise (processes and characteristics) by examining those from an internal and external perspective. She is now able to bring in a very good annual salary with very little effort.In large business entities there are several key points to consider in order to best cultivate a prosperous business model. She also focuses on offering advice to those who work from home. This company is fronted by Carrie Wilkerson. She has built a strong reputation with big brands over time and now brings in 6 figures every year. Miranda is a freelance writer who focuses on the finance industry.

He wanted his wife to be able to stay at home to look after the children properly and that is when he created his own company. Mosquito Squadĭamian Sanchez juggled his own business as well as raising four children. Square 36 a company that creates 6’ x 6’ yoga mats the company now generates up to $25,000 a month. Square 36īob Maydonik knew that his yoga mat wasn’t cutting it for his workouts, and that is when he founded Square 36. He set up an app that could take payments and he now brings in $25,000 every month. Music Teacher’s Helperīrandon Pearce was a music teacher who couldn’t remember which of his students had paid.

She experimented and then tested the viability of her business model so that it could go international. She said that she needed more color choices and that there was a huge gap in the market. This company launched when Suzanne Fulford grew frustrated with the amount of affordable home décor that was on the market. He then started a business, which he used to book travel for a small price. He knew that his friends were getting somewhat jealous of the way that he used his flier miles to book First Class flights. Companies like Just Cookies are able to excel more than ever before thanks to small business loans now being offered online for start-ups that have no investment capital. He took advantage of the commercial cooking spaces in the local church and he perfected his own recipe for cookies. Starting a business is challenging to say the least, but for the CEO of Just Cookies, the process was made even more complicated when he was laid off from his job and became homeless. They were able to develop their offerings and now their company is worth over $3.7 million. The site was intended to promote the use of high-quality color presentations.

This company was founded by James and Laure Widmaier in the year 1997. Five months after starting his company, he formally launched, he has gone on to achieve 6-figures in sales. Justin Mares was following the paleo diet when he noticed that there were many websites that promoted bone broth as a superfood, but there wasn’t anywhere selling it. If you are feeling down in the dumps about your business, then these success stories should lift your spirits.

Business success stories