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BUILDING YOUR BUSINESS SLOWLY
 
By: Dan Miller

BUILDING YOUR BUSINESS SLOWLY

The success of Wal-Mart is now legendary. They are the first company to actually have its sights set on becoming a $1 trillion company. If accomplished it would mean more than 5 million employees Ė more than are currently employed by the U.S. government, nearly 10% of the entire U.S. economy; and equal to the governmental budgets of all 50 U.S. states combined.

Sam Walton began with a single dime store in 1945 and did not open his second store for seven years. Seven Years!! 25 years later Wal-Mart had only 38 stores. Walton built his business slowly. The last few years have presented an artificial model of rapid growth; companies that expect big revenues in the first year and investors that demand profitability in the first 60 days.

We are now seeing a return to the historical reality of building businesses the same way you get an airplane off the ground. It takes a huge amount of effort to get the thing moving down the runway and to get enough speed to even think about getting the nose up in the air. Donít be impatient if you are building a great idea.



 








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