2 Reasons Half of All Business Fail and How to Avoid them!

20/10/2021 5 min
2 Reasons Half of All Business Fail and How to Avoid them!

Listen "2 Reasons Half of All Business Fail and How to Avoid them!"

Episode Synopsis

🚨Half of All Businesses Fail in the first 5 years.🚨 Half. If you are a business owner or entrepreneur that should SCARE you! 😱 There are two reasons for this 1). Time... and being patient enough to allow time to run its course. Things do not happen overnight. That successful business in your space or industry has likely been consistently working at it for some time. Be patient and be consistent! 2). Being under-capitalized and not having enough money to run your operation will prevent you from being nimble and maximizing opportunities. Not having enough capital can also mean making decisions that are NOT best for your brand or organization. 😎👍Both situations can be prevented.💰