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castles in the sky Tagged Articles
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Creating Goals or Building Castles In The Sky
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| That statement implies fanciful daydreaming - unrealistic, fantastic. And yet, when someone criticized Henry David Thoreau's many visions as "castles in the sky" he pointed out - "The sky is the place to build them. You must design your castles in the air first - only then should you can get to work on the foundations."
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Other castles in the sky Related Articles
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Creating Goals or Building Castles In The Sky
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| That statement implies fanciful daydreaming - unrealistic, fantastic. And yet, when someone criticized Henry David Thoreau's many visions as "castles in the sky" he pointed out - "The sky is the place to build them. You must design your castles in the air first - only then should you can get to work on the foundations."
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Discovering the Business Moat is a key to selling or buying a business.
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| Every quality business has a “Moat”. And when a business is for sell it is crucial that a business seller and a business buyer discover exactly what the business moat IS and how deep it IS.
The Business Moat is the reason why the business has survived over the years and why it is reasonable to expect that you will survive the next several years. This exercise is designed to help you think through your business and discover the “Business Moat Characteristics”. Many Buyers and Seller’s do not even know that they existed prior to us asking the question. Therefore, we are going to ask you in ways that we hope will help you think about your business differently.
“In business, I look for economic castles protected by
unbreachable ‘moats’.”
-Warren Buffett |
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Business Moat - How does the business \"Set itself apart?\" Another Key to selling or buying a business.
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| According to Warren Buffet in business there is a think called a “ Business moat”. This was an example that he used taken from the history books were you often find “Castles” that are surrounded by moats. These moats were designed to keep the enemy out and protect the Castle. The wider the “business moat”, the more likely it will stand the test of time.
Most business purchasers that we see on a daily basis are looking for a castle, home, barn or even hut surrounded by a moat! The type or size of business is less important. The most important factor is to identify and capitalize on the barriers of entry. The business’ competitive advantage. If there are no barriers to entry or competitive edge you you will not have a business for very long. |
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