There are a lot of brands out there but it can be difficult to distinguish between the basic vs. brilliant brands. There are two things that help a company stand out — the product and the reputation.
A lot of companies focus on their product, as they should but many don’t pay enough attention to their reputation. The reputation of every company is essentially their bumper sticker for which they’re known and ideally the reputation is positive versus notorious.
Warren Buffet once said, “It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.”
