Many people just start up a capital without a laid down plan or without marketing strategies. Someone will open a boutique in an interior village and expect to make sales. Could location and capital be the reason why people’s businesses fall or could it be that poor management oversee these?
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There are many reasons why business fail or crash. The most common ones are bad products, bad marketing strategy, bad team, bad market conditions, etc. If you are not selling the right product to the right market, your business will fail. If you are not marketing your products to the right audience,Read more
There are many reasons why business fail or crash. The most common ones are bad products, bad marketing strategy, bad team, bad market conditions, etc. If you are not selling the right product to the right market, your business will fail. If you are not marketing your products to the right audience, your business will fail. If market is not favorable, your business will fail.
See lessBecause there are many odds stacked against you, you have to do a lot of things right, that's why I'm beginning to believe that the most important quality a business owner can possess is Grit. The ability to show up everyday and do the work, just by doing that, you are better than the competiRead more
Because there are many odds stacked against you, you have to do a lot of things right, that’s why I’m beginning to believe that the most important quality a business owner can possess is Grit.
The ability to show up everyday and do the work, just by doing that, you are better than the competition, and then you focus on solving impending challenges before they rear head.
See less