Entrepreneur Plus - Short White
For Subscribers

Getting Back to Your Company's RootsDo your problems stem from a lost company mission?

About a year ago, one of my companies was in trouble: Sales were down, we had no new products, morale was rotten and my best people were leaving.

Obviously, there was a weakness in leadership. The CEO and his team weren't in touch with the staff or the customers. They hadn't developed any new lines of distribution; instead, they went back to our established customers, demanding more sales. There weren't any new marketing initiatives, and the CEO brought in a new marketing manager who was rude to the existing marketing team and clueless about our products.

Eventually, the CEO and his team had to be replaced. It took three months, but the rat's nest was finally cleared. Today, the company has turned around: Sales are up, profits are strong and morale is good.

This is a subscriber-only article. Join Entrepreneur+today for access

Related Topics

Business News

These Are the Top Rated Cruises in the World, According to a New Report

Conde Nast Traveler recently released its list of readers' top cruises across six categories.

Devices

These Translation Earbuds Know 37 Languages, and They're Only $89.97

Translating earbuds could help you do business in many different languages.

Thought Leaders

5 Books Every Entrepreneur Should Read Before Starting a Business

A selection of books that helped me found and scale a startup from a $10,000 line of credit to a billion-dollar business

Money & Finance

Want to Become a Millionaire? Follow Warren Buffett's 4 Rules.

企业家是不能过度指狗万官方望太多a company exit for their eventual 'win.' Do this instead.

Business Process

7 Things I've Learned In 7 Years of Entrepreneurship

After my dad died nine days after his cancer diagnosis, I started my business a few weeks later because I realized life is short. Here is what I have learned over the last seven years of entrepreneurship.

Business Ideas

55 Small Business Ideas to Start in 2023

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2023.