Tag Archives: small business failure

The Top 10 Scariest Things About Being a Business Owner

October 8, 2014 | 1,197 views

The Top 10 Scariest Things About Being a Business Owner

The Top 10 Scariest Things About Being a Business Owner

While being an entrepreneur is so rewarding, it’s also scary at times. In honor of Halloween, I thought I’d put together a list of the scary side of business ownership.

1. There’s No Avoiding Risk

You learn to embrace it, that never knowing the future of your business. The economy, clients, illness…all of these things can negatively affect your success, and often come out of nowhere.

 

2.  You’re Not Really Your Own Boss

Most people think it’s great to be their own boss, but the truth is: you’re not the boss. You have many bosses: all your customers. If they’re not happy, you’re not making money.

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5 Reasons Why Small Businesses Fail

August 20, 2014 | 1,063 views

5 Reasons Why Small Businesses Fail

5 Reasons Why Small Businesses Fail

Starting a small business is not an easy endeavor. In fact, 8 out of 10 entrepreneurs who start businesses fail within the first 18 months. In order to avoid becoming a statistic, it’s critical to understand why companies don’t succeed and make plans to avoid making mistakes. Here are five main reasons small businesses fail and how you can avoid these common pitfalls.

 

 

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