A 5-step process for building a successful company

03/14/2013 | Dynamic Business online (Australia)

The first step to launching a successful startup is to come up with an idea that addresses a real problem and creates value, Phil Morle writes. "You will need to become completely unattached to your idea and instead be realistic and flexible," he writes. Afterward, you should develop and test your product and make your operations as efficient as possible before scaling your business.

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