Top 10 Characteristics Successful Businesses Share

By Anthony Bucci, Assistant Editor On May 11, 2015

Many of today’s successful companies take comparable steps and share similar traits that push them to the top. Based on the input of business advisors and experts, New Jersey Business has compiled the top 10 characteristics successful business have in common. It is important to note that these steps are only a small piece of the puzzle and in no way define whether a business is – or will be – successful, as every company’s definition of and path toward ‘success’ is different.

10. Use technology to stay on the leading edge of the market

9. Exceptional marketing and communications

8. Embrace competition

7. Well-defined company culture

6. Listen to customer needs and wants

5. Flexible to change direction as the market dictates

4. Passion and commitment to job/product/service it offers

3. Access to top management and talent

2. Carry out a well-defined business plan

1. Led by strong, enthusiastic individuals who help create good relationships

Top 10 Characteristics Successful Businesses Share

<img decoding="async" class="alignleft size-full wp-image-11029" src="https://njbmagazine.com/wp-content/uploads/2015/04/MAG-Top10-10.jpg" alt="MAG-Top10-10" width="645" height="350" />10. Use technology to stay on the leading edge of the market

<img decoding="async" class="alignleft size-full wp-image-11028" src="https://njbmagazine.com/wp-content/uploads/2015/04/MAG-Top10-09.jpg" alt="MAG-Top10-09" width="645" height="350" />9. Exceptional marketing and communications

<img decoding="async" class="alignleft size-full wp-image-11027" src="https://njbmagazine.com/wp-content/uploads/2015/04/MAG-Top10-08.jpg" alt="MAG-Top10-08" width="645" height="350" />8. Embrace competition

<img decoding="async" class="alignleft size-full wp-image-11026" src="https://njbmagazine.com/wp-content/uploads/2015/04/MAG-Top10-07.jpg" alt="MAG-Top10-07" width="645" height="350" />7. Well-defined company culture

<img decoding="async" class="alignleft size-full wp-image-11025" src="https://njbmagazine.com/wp-content/uploads/2015/04/MAG-Top10-06.jpg" alt="MAG-Top10-06" width="645" height="350" />6. Listen to customer needs and wants

<img decoding="async" class="alignleft size-full wp-image-11024" src="https://njbmagazine.com/wp-content/uploads/2015/04/MAG-Top10-05.jpg" alt="MAG-Top10-05" width="645" height="350" />5. Flexible to change direction as the market dictates

<img decoding="async" class="alignleft size-full wp-image-11023" src="https://njbmagazine.com/wp-content/uploads/2015/04/MAG-Top10-04.jpg" alt="MAG-Top10-04" width="645" height="350" />4. Passion and commitment to job/product/service it offers