If you want to have a successful business, you should make sure that you excel in some key aspect in its running.

Usually it is a technical component of the business that you have in mind, but sometimes it can also be an interpersonal skill. You have to make sure that you are brilliant in that one aspect. You don’t have to try and be good at everything – you can just partner with someone who is good at something else.

According to Rick Spence for the Financial Post, “A struggling tech startup might ally itself with a business-services company that has many clients with technology needs but doesn’t know how to write code.”

You can read the full article here.

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Posted in tips for small business