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Welcome to Podcast Episode #1.

Have You Ever Wondered Why Some Business Flourish While Others in the Same Industry Vanish?

By the end of this Podcast and article, you will know more about how businesses work than probably 95% of all the other business owners out there ….

In the episode I explain the 5 Fundamental Elements of Every Successful and Sellable Business.

The 5 Elements are the lifeblood of every single business on the planet, and there are No exceptions to this fundamental truth.

No matter how big or small the business, they all need FIVE Fundamental Elements working together to succeed.

  • Lose One, and the business will be shaky.
  • Lose Two, and the business is about to fail.
  • Lose Three, and failure is imminent.

There Are No Exceptions To This Fundamental Truth – None
What-So-Ever.

Here’s the thing – when you know what to look for, it’s super easy to identify exactly what’s wrong, make adjustments and take hold on as the businesses almost magically soars to new heights.

Let me paint you a picture of the 5 Fundamental Elements this way:
Think of a 5-cylinder airplane engine. It is shaped like a star, and when all 5 pistons are firing, the engine runs smooth as silk. Every cylinder is of equal importance, every cylinder share the same amount of responsibility to produce power.

As long as the engine is firing on all 5 cylinders, the engine produces power and lifts the plane to higher and higher into the air. The plane can do just about anything the pilot wants it to. (within reason).

Have you ever been to an airshow and watched in amazement what the pilots can do with a properly function airplane?

  • If it loses a cylinder, the engine is off balance, it vibrates and begins to lose power. It might continue climbing, but not at the rate and speed it was.
  • If it loses a second cylinder, all hell breaks lose and the plane has a hard time to just maintain altitude.
  • If it loses a third, it’s all over – the plane is going to crash.

The Same Exact Thing Happens To All Businesses
Except The Cylinders Have Different Names

They have a name and a function:

  1. Vision / Leadership
  2. Customer Identification
  3. Marketing
  4. Front End / Customer Service
  5. Back End / Product Fulfillment and Delivery.

Like an engine, all cylinders are created equal, and all are of equal importance.

They all connect to the crankshaft, which connects to the flywheel. The Flywheel is what creates the centrifugal force to keep it all going.

The exact same thing holds true for a business.

  • Lose 1, its going to get tuff
  • Lose 2, It’s difficult to maintain
  • Lose a third, Game-Over. It’s just a matter of time before the business closes its doors.

About the Author Paul Forsberg

I Solve Business Puzzles and Help People Buy, Build & Sell Businesses For Monthly Cash Flow & BIG Paydays. Author #1 Amazon Best Selling Business Book "The 5 Fundamental Elements of Every Successful Business .... Why Most Businesses Cannot Be Sold & What You Can Do About It."

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