How to run a successful business by Lukas Michel

By Guest Contributor Lukas Michel

Author of Diagnostic Mentoring & Management Design (3rd edition), Lukas Michel, explains how to run a successful business.

A recent study by Statista shows that the average lifespan of Standard and Poor’s 500 Index companies nowadays is just around 20 years. Hence, managing to build a brand, run it successfully for 20 years might take quite a lot of resilience and dedication.

My company, Agility Insights, is a global network of experienced business mentors, who help and mentor business leaders. The company is celebrating its 20-year anniversary in 2022 and it keeps growing to this day.


Early on it was decided that investors will not be involved in the company for financing. That, of course, made it more difficult to develop and grow the business but provided us with the freedom to work in the exact direction we wanted to. We didn’t have to comply with the requirements of external stakeholders and managed to build the brand we have envisioned from the very beginning.

Agility Insights is a completely digitally based business. The only thing that’s needed in order for us to work is a laptop and a stable internet connection. And that wasn’t implemented when the Covid-19 pandemic took over the world in 2020, we have been working fully online since the very beginning.

That allows working with partners and clients from all around the world, not being limited to a specific location.

Being full digitally based makes Agility Insights, with its diagnostic mentoring services, easily scalable. We can easily grow without adding cost, which made it possible to continuously invest in the past 20 years in the company and its development.

Nowadays, our service is unparalleled in the market and diagnostic mentoring is viewed as an alternative to traditional consulting.


If you want to make fast money, don’t do it our way. However, in order to achieve steady and consistent success for your business, you need to build it slowly and profoundly. You have to invest quite a lot of time and attention, especially at the beginning to ensure you are building a brand, company or organization that people will return to. Starting from scratch and working your way up is a slow process. That’s why it requires quite a lot of resistance and not giving up at the first few months when it might feel something isn’t working right. And that’s because success takes time.


LUKAS MICHEL is the owner of Agility Insights AG, based in Switzerland, and CEO of the AGILITYINSIGHTS.NET, a global network of experienced business mentors. Over the course of his 40-year career, he has worked with executive teams around the world, focusing on management and agility for a diverse range of local, national,and global organizations. Lukas is the author of The Performance Triangle, Management Design, People-Centric Management and Diagnostic Mentoring.



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