Tag: business tips (Page 2 of 2)

business failure

How to Prevent Business Failure and Be successful

Like I said in my article last week, a high percentage of startups end up in the business failure heap. Therefore, if you want to avoid being one of the statistics, take action. You didn’t start your business for it to fail. So, intentionally work on it. Plan, be organized, run it as a pro, and you will succeed.

Let’s look at some strategies you should put in place for a successful business.

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Business failure

5 Warning Signs You are Heading for Business Failure

Unfortunately, according to the Small Business Administration, 50% of startups will face business failure within the first five years. No entrepreneur intentionally starts a business with the intention of it failing. Those who make it have the knowledge, skills, strength of mind, and will do whatever it takes, to create a successful business. Nevertheless, others will treat their business like a glorified hobby and expect it to succeed.

Starting up and running a business is not for everyone. The statistics of failed businesses are alarming. If you want to be fruitful, there are pitfalls you must avoid to reach your goal.

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Basic Market Research Action Plan to Kick-Start Your Business

Are you considering starting up a business? To make sure it stands a chance of succeeding among the millions of other businesses, carry out market research first. Creating a market research action plan is a vital part of your business groundwork. It’s great to have a wonderful business idea in your head, but who are your customers?

Don’t fall into the ‘I want to start my business now’ trap. Do your homework first.

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successful business

5 Business Men Who Turned Obstacles into Successful Businesses – Don’t Quit

Let’s be real. The founders of many successful businesses didn’t start out without running into problems. In fact, they persisted through failures, disappointments, rejections, self-doubts and a host of other difficulties. However, because of their warrior mindset, they pushed through initial failures to reach success.

“Failing is one of the greatest arts in the world. One fails towards success.” Charles Kettering

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Don’t Give Up! 3 Ways to Earn Side Income While You Build Your Business

Before getting lost in the success and motivational stories of really successful businesses, it is important to come to terms with reality first; before you can focus on your startup, how do you cater to your immediate financial needs?

Without having to get a job you hate and without having to sacrifice the bulk of the time you could dedicate to your startup, this article shares 3 powerful ways to earn side income while building your business.

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