Bo Peabody the author of the book Lucky or Smart said that successful entrepreneurs are what he called “B” student. What he meant was that the entrepreneur can not afford to be an “A” student in only one subject because they need to be more of a “Jack of all Trades”.
When I ask people to name a franchise, they always list restaurant concepts or other consumer-facing businesses. I often use this to pound home the message that business to consumer (B2C) franchises are only a small fraction of franchises, and the vast majority are in fact business to business (B2B) concepts. The same type of […]