There is no real recipe or hard-and-fast guidelines for business success. You can have an MBA degree and the money needed to start off the best business, you can hire an excellent staff and promote the company every day. You, yourself, could work 80 hours a week and ,despite all of this, the company could fail.
Conversely, someone else could start a business following a “light bulb moment.” With just $1000 and a spot in their family’s den with enough room for a laptop and an Internet connection they could become a multimillion dollar company in a year.
So, what’s the difference? Is someone following set guidelines and that is what is causing them success? I think you need to have your own sense of inner intuition.
You have to sense when things are going right and when processes need to be corrected. As a business owner, I think you also have to have the ability to sense when you may be wrong and make necessary changes.
It is also important to keep learning. There are so many educational resources regarding running a business online. Refer to them often and be ready to know when to make changes and corrections in your business. You will succeed if you persist.