Every successful business (1) creates or provides something of value that (2) other people want or need (3) at a price they're willing to pay, in a way that (4) satisfies the purchaser's needs and expectations and (5) provides the business sufficient revenue to make it worthwhile for the owners to continue operation.

Every successful business (1) creates or provides something of value that (2) other people want or need (3) at a price they’re willing to pay, in a way that (4) satisfies the purchaser’s needs and expectations and (5) provides the business sufficient revenue to make it worthwhile for the owners to continue operation.

Every successful business (1) creates or provides something of value that (2) other people want or need (3) at a price they’re willing to pay, in a way that (4) satisfies the purchaser’s needs and expectations, and (5) provides the business sufficient revenue to make it worthwhile for the owners to continue operation.

Los negocios de éxito (1) crean o nos ofrecen algo de valor, que los demás (2) queremos o necesitamos (3), a un precio que estamos dispuestos a pagar, de un modo que (4) satisface nuestras necesidades y expectativas como compradores y (5) genera los suficientes ingresos a la empresa de modo que a los propietarios les resulte rentable seguir operando.

a great business is defined by its ability to generate cash flows in the future.

Roughly defined, a business is a repeatable process that: 1. Creates and delivers something of value… 2. That other people want or need… 3. At a price they’re willing to pay… 4. In a way that satisfies the customer’s needs and expectations… 5. So that the business brings in enough profit to make it worthwhile for the owners to continue operation.

Roughly defined, a business is a repeatable process that: 1. Creates and delivers something of value … 2. That other people want or need … 3. At a price they’re willing to pay … 4. In a way that satisfies the customer’s needs and expectations … 5. So that the business brings in enough Profit to make it worthwhile for the owners to continue operation.

Roughly defined, a business is a repeatable process that: 1. Creates and delivers something of value . . . 2. That other people want or need . . . 3. At a price they’re willing to pay . . . 4. In a way that satisfies the customer’s needs and expectations . . . 5. So that the business brings in enough profit to make it worthwhile for the owners to continue operation. It doesn’t matter if you’re running a solo venture or a billion-dollar brand. Take any one of these five factors away, and you don’t have a business — you have something else. A venture that doesn’t create value for others is a hobby.

Succeeding in business is not just about making money. Money is important, but it’s not the real driver — certainly not for me. I have found that what drives me is the desire to prove, to myself and to my peers, that I can do what I set out to do and build something that matters. I’ve done that by recruiting smart people — many from traditional corporate environments –and giving them a dose of entrepreneurial spirit. You achieve long-term success step by step. Try to achieve your goals one at a time, like you do target practice. I look at each day as a chance to move one notch above yesterday — whether it’s in service quality, delivery, speed, or any other aspect of the business. I don’t measure my “success” every day. I measure how much we have left to do. In that sense, business success is just a form of persistence."

The best businesses in the world are the ones that create the most value for other people. Some businesses thrive by providing a little value to many, and others focus on providing a lot of value to only a few people. Regardless, the more real value you create for other people, the better your business will be and the more prosperous you’ll become.

A success is anyone who is doing deliberately a worthy predetermined job, because that's what he decided to do ... deliberately.

Great businesses have a point of view, not just a product or service. You have to believe in something. You need to have a backbone. You need to know what you’re willing to fight for. And then you need to show the world.

In the real world outside economic theory, every business is successful exactly to the extent that it does something others cannot.

For some people (like me), business is more of a creative endeavor — a way to explore what’s possible, help others, and support yourself at the same time. From this perspective, as long as you’re making enough Profit, your business will continue to be successful.