The Importance of Standards in Business

High standards are crucial in business as they greatly influence the success and growth of an organization. Business owners often face the realization that the quality of their operations aligns with what they tolerate; if they accept mediocrity, they will get mediocre results. The concept that 'you get the business you tolerate' highlights the necessity of continuously raising the standards, as complacency can lead to deterioration over time. Establishing and maintaining high standards requires persistent effort, continuous learning from failures, and a strong commitment to embody the expectations necessary for success.