What is the key to success in business?

This is the million dollar question.  Many books have been written on this topic - most offer a formula or techniques.  Unfortunately, these usually fall short of delivering the success they promise.

So, back to the original question.  What is the key to success in business?

Does the best product in the market guarantee success?  What about the best location?  The best price?  Which is the "secret"?

The answer: NONE

Think about it.  The best product does not guarantee success, nor does the best location, or the lowest price.

The key to the success of any business is simple - an endless supply of satisfied customers.

The customer is the key to the success of any business.  If you have enough customers, you have a successful business.

Now that you know the "secret" - what should you do?

The first step is to conduct a realistic assessment of your current level of customer service - are you taking care of the customers you already have?  Take surveys, give comment cards and do not dismiss the feedback (the customer that complains helps us to improve).  Be aware of the "quiet" customer.  He/she may be very unhappy, but too polite to say anything.  They will not complain, even worse, they will take their business somewhere else.

My point: Never assume the customers are happy just because they are not complaining.

While doing this assessment, remember that no matter how good you are at providing customer service, you can always improve.  Just because you are good, does not mean your staff does not need additional training.  Everyone who excels in any area of life needs continuous practice - excellence never happens accidentally.  If you want to provide excellent customer service on a consistent basis, you need to be intentional.

Also, consider your company from the customer's perspective.  Do they enjoy their interaction with you?  You need to make this experience so enjoyable that they look forward to coming back. 

Consider what you can do to make the patient's experience more enjoyable.  If you were a patient, what would you change?