Send us a textTo see if you're a fit for Shawn's exclusive Generational Wealth Framework for PMC owner's program: Schedule hereWhy Small Businesses Fail: The Gritty TruthIn this episode, Tony Cline and Shawn Johnson explore the common reasons why small businesses fail, drawing insights from a local restaurant's closure. They discuss the importance of leadership, customer engagement, and avoiding burnout. They also stress the need to innovate continuously, understand customer needs, and seek mentorship. The episode is a detailed discussion aimed at helping entrepreneurs navigate the difficult journey of starting and sustaining a business.00:00 Introduction: The Struggles of Entrepreneurs00:49 Welcome to Pay or Quit01:16 A Personal Story of a Local Business Closure02:32 Analyzing the Reasons Behind Business Failures04:33 The Importance of Leadership and Customer Interaction11:41 Statistics on Business Failures23:39 Lessons Learned and Moving Forward27:53 Conclusion: The Bigger VisionPlease rate the podcast!Shawn's Newsletter: https://shawnaustinjohnson.beehiiv.com/Follow Shawn:X: https://x.com/shawnAJohnsonX Website: https://www.shawnaustinjohnson.com/YouTube: https://www.youtube.com/@shawnaustinjohnson Instagram: https://www.instagram.com/shawnaustinjohnson/ TikTok: https://www.tiktok.com/@shawnaustinjohnson

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