As an entrepreneur and business owner, I know firsthand how challenging it can be to keep a business afloat. The statistics can be daunting: according to the Small Business Administration, about
20% of small businesses fail within their first year, while around 50% do not survive past their fifth year. As someone who has been in the trenches of running a business, I have seen firsthand the multitude of reasons why businesses fail.
That's why I wrote this book, “FAILURE POINTS: 100 Reasons Why Businesses Fail, and How You can Avoid Them." In these pages, I delve into 100 common reasons why businesses fail and offer actionable steps to avoid them. From lack of brand fundamentals, amateur design, to inadequate marketing strategies, I cover a wide range of topics that are relevant to any business owner, no matter the industry or size of their company.
Through my years of experience as an entrepreneur and business consultant, I have seen many businesses struggle and fail due to preventable mistakes. The good news is that many of these mistakes can be avoided with proper planning and foresight. That's where this book comes in - I offer practical advice and solutions that can be implemented immediately to help businesses avoid common pitfalls.
This book is not just for struggling businesses - it's for any business owner who wants to proactively protect their company and ensure its long-term success. By reading this book you will gain valuable insights and strategies to help you navigate the ever-changing business landscape and avoid the mistakes that can lead to failure.
In addition to practical advice, this book also offers downloadable action guides and additional resources to help guide you in the direction of greater business stability and growth.
Whether you're a seasoned entrepreneur or just starting out on your business journey, this book is a valuable resource that will help you avoid costly mistakes and set your business up for long-term success. So, let's dive in and learn how to avoid the pitfalls that can lead to failure and instead create a thriving and successful business.
