7 Reasons Why Your Business May Fail - According to Bloomberg, as many as 8 out of 10 new businesses fail while 18 bulanberjalan. This statistic becomes insufficient data horrible if you're a business owner.
In this case, it can be inferred that 80% of those who started blogging or other online business is also likely to be a failure.
The question is now, why businesses fail? What could make a business to fail? Actually, how do I avoid this failure?
Cause Your Business Fails
1. Lack of Planning
For most people involved in business, they only have the desire to make money. They really do not know where this business will be run in the future.
There also are plans to start a business, but they did not do a real plan to achieve it. The business plan itself is like your life's purpose.
With all forms of planning, can be done by having the power of thought what will be done later. If the absence of a mature plan, then all of it will be wasted and will be destroyed prematurely.
2. Lack of Discipline
If indeed you are working in an online business, maybe you'll have plenty of time and freedom to work, according to what you want.
In fact, it can actually make you fatal. The problem with working at will and with freedom, then make yourself become undisciplined.
A businessman with a small capital and discipline can beat a businessman with large capital but did not have the discipline.
3. Lack of Differentiation
Many people often try to imitate other people's businesses in business. They think they can succeed by imitating other people's business.
Apparently, it's not so! Precisely by imitating, making you increasingly worse. Because, abilities between humans is different and nothing is the same.
Must if you want to learn from others. However, it remains to be myself.
4. Lack of Capital
If this is the business you want to grow well and fast, then you need to invest. Sometimes, people want if everything comes for free, especially in the online business.
A good business is a business that is able to remove the capital. Without capital, your business will not run with the maximum.
5. Lack of Focus
Focus is one of the things that should not be abandoned. Business requires that the name of focus.
Not only offline business, online business also requires focus. Sometimes, if the online business, there is a distinct sensation or temptation to play social media every day.
6. Less Valuable Content
Content is everything. Content to be one of the things that makes people come back to the business you are running.
If they realize there is nothing to offer in the business of competitors, customers probably will go back to your business. Create strategies to increase the maximum audience and you can get them at a later time may become your loyal customers.
7. Lack of Knowledge
Today, knowledge is a window to the world. The relevance of your business and the knowledge you have would be greatly dependent.
Fixed try to obtain or seek new information. With the new information, you can find a trial and error, so that at a later time, you can anticipate it and found no error anymore.
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