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S2Ep136: The Top 3 Reasons Businesses Fail and How to Avoid Them
Manage episode 373015601 series 2827196
Allan Draper에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Allan Draper 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
As an Entrepreneur, you should understand why businesses fail, so you can proactively address these challenges and increase your probability of success. In today’s episode, Allan highlights the top three reasons businesses fail. Statistics show, the reasons businesses fail is because of poor financial management, lack of market fit, and ineffective leadership. Tune in to discover Allan’s expertise tips, so you can increase your chances of achieving success in your business.
Summary:
2:01 The risk reward relationship of business.
3:49 Why do businesses fail?
9:07 Things to do to prevent this.
11:18 Don’t buy flashy stuff.
16.31 Lack of market demand or product market fit.
18:18 The importance of a product market fit.
20:22 Effective leadership and management.
24:52 The importance of growing your business.
26:57 Start your business regardless of the reasons.
For the latest from Allan, give him a follow on Instagram!
https://www.instagram.com/realallandraper/
And check out his website at allandraper.com!
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