Thursday, December 9, 2010

Entrepreneurs need a “Secret Recipe”

Entrepreneurial experts around the world continue to debate over why small businesses fail, however they do agree on one thing; now more than ever entrepreneurs need to differentiate themselves in the marketplace.***

We have all heard the buzzwords:

“Branding”

“Point of Difference” (POD)

“Unique Selling Proposition” (USP)

“Secret Recipe” (from yours truly)

Think about this; every Fortune 500 company has a brand, a trademark and a tagline. Did you ever ask yourself, why?... Yes!...we all know the answer!
Because it is a fundamental business strategy!

So why do millions of entrepreneurs fail to create a “Secret Recipe”?

David F. D’Alessandro (best selling author ) says it best:

~ A business based on brand is, very simply, a business primed for success. ~

***Sources: Small Business Administration, Entrepeneurship.org, Personalbrandingblog.com

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“Copyright (12-09-2010) by Robert V Gambone Sr.”

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