I came across this blog post by Fred Willson which I thought is worth reading.
This part is my favorite:
If you want to stay in business forever, you have to focus on the long term. You must construct a business model that builds confidence and trust with your customers and keeps them coming back day after day, year after year.
Within the post, he also shared an interesting video explaining the business model canvas which is a simple way to understand the nuts and bolts of your business, and thus expanding your revenue stream.
Click the below link to read his post in full.
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