Looking into the reasons why businesses that look profitable on the front could still fail and why even the biggest brands cannot hold onto success. I also dive into the traits of very successful businesses and what we can learn from them to deploy into our own entrepreneurial ventures.
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Who am I?
My name is James Sinclair and I'm the founder and CEO of The Partyman Group of Companies. I started building my business when I was just 16 as a family entertainer after that I built up an entertainment agency, then moved into building a leisure and day nursery businesses. Today we operate a £30 million business which includes leisure, childcare, outdoor attractions, commercial property, arts and crafts manufacturing as well as one of the UK’s oldest Ice cream companies; The Rossi Ice Cream Company.
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⌚Timestamps:
0:00 Introduction
0:03 WHAT CAUSES A COMPANY'S DOWNFALL?
0:30 WHAT IS THE MODEL FOR A SUPER SUCCESSFUL BUSINESS?
5:05 FRICTION
7:54 PROMOTION
8:44 PEOPLE
10:22 PROFILE
11:47 PRICING ARCHITECTURE
13:18 PERPETUAL INCOME
14:23 PROPRIETARY LANGAUGE
15:16 PROPERTY