You know, I’ve seen so many businesses chase vanity metrics, but “The purpose of a business is to create” and keep a customer is the real game-changer. It flips the entire script from transactions to relationships, and honestly, it’s the only strategy that builds something lasting.
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Meaning
At its core, this means that profit isn’t the primary goal; it’s the result. The real, fundamental job of any business is to do two things: attract a customer, and then do whatever it takes to make them stay.
Explanation
Let me break this down because it’s deceptively simple. “Create a customer” is all your marketing, your sales, your value proposition—it’s the initial handshake. But the magic, the real profit engine, is in “keep a customer.” That’s where you build loyalty, get repeat sales, and turn clients into raving fans who refer others. It’s a shift from a one-time sale mindset to a lifetime value mindset. I’ve seen companies obsessed with lead volume, but the ones that thrive are obsessed with customer satisfaction and retention.
Quote Summary
| Context | Attributes |
|---|---|
| Original Language | English (3668) |
| Category | Business (233) |
| Topics | customer (3), service (57), value (44) |
| Literary Style | professional (35), succinct (151) |
| Emotion / Mood | rational (68), strategic (66) |
| Overall Quote Score | 79 (243) |
Origin & Factcheck
This quote comes directly from Brian Tracy’s book, “The Psychology of Selling,” which has been a cornerstone for sales professionals since its publication. While the sentiment echoes the legendary management thinker Peter Drucker, this specific phrasing is Tracy’s, born from his work in sales training and effectiveness, primarily in the US.
Attribution Summary
| Context | Attributes |
|---|---|
| Author | Brian Tracy (375) |
| Source Type | Book (4032) |
| Source/Book Name | The Psychology of Selling (65) |
| Origin Timeperiod | Contemporary (1615) |
| Original Language | English (3668) |
| Authenticity | Verified (4032) |
Author Bio
Brian Tracy, a prolific author gained global reputation because of his best seller book list such as Eat That Frog!, Goals!, and The Psychology of Selling, and created influential audio programs like The Psychology of Achievement. He is sought after guru for personal development and business performance. Brian Tracy International, coaches millions of professionals and corporates on sales, goal setting, leadership, and productivity.
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Where is this quotation located?
| Quotation | The purpose of a business is to create and keep a customer |
| Book Details | Publication Year/Date: 1988; ISBN: 978-0785288060; Last Edition: HarperCollins, Revised Edition 2006; Number of Pages: 240 |
| Where is it? | Chapter 18: Customer Retention, Page 231 / 240 |
