Emmanuel, These are very nice insights. Negative people can really fail your business however on the other hand being over ambitious can fail you. Joining this forum was the best decision i have made this year.
Hmmm, Thank you so so much. I am well fed with this article.
lack of succession plan
lack of prundency in financial matters
lack of management skill
lack of abiliti to work with your team
lacks of focus in vision
This article is awesome. Having a good mentor and paying fines when you don’t do what you are supposed to do makes you more focused and manage your time well.
This is very helpful. I have learnt from it thanks alot
This got me inspired. Thanks a lot for sharing!
Thanks for this post,it is really encouraging and thought provoking.
- nonchalant attitude towards even little details of the business
- not paying attention to customers complaints
- being rude to client, customer etc
- ingratitude, especially to customers and employees
- being over confident or believing no body can do it better than you/no body know better than you and refusing to take constructive advise
Very good ingredients, to make u grow in business. Its good when its twisted. Five habits can u fail.
Interesting and an open mind said.
I have learnt.
I believe at some point, someone needs to learn and be ready to learn.
Problems are inevitable, solutions are everywhere. Just look for it and be ready to solve them.
Business could also fail if the owners do not desire to learn and to know enough about:
Finance, marketing, management and operations. so as an entrepreneur have an insatiable desire to know more about business Development Processes.
This is a thought provoking piece everyone who desire to fly high as an entrepreneur should read. Thank you for the post @Emmanul_Ananti
those point of your are striking
Yes, they will
Wow so much inspirational words…impeccable! I’m so thrilled … Tanx @discobot
Hi! To find out what I can do, say
@discobot display help.
Failing to plan
You have a better chance to succeed in life if you have a plan. It doesn’t have to be perfect. The real world doesn’t reward perfectionists but those who get stuff done. You should always think through whatever you want to achieve and make plans on what to do next at any point in time. You plans should be specific, measurable and time-bound. A complete big picture prepares you for execution. Don’t make vague plans. You will be prone to procrastinate if your plan is not measurable. Work with timelines for better and faster results.
The fear to even try
“You miss 100 percent of the shots you don’t take.” Wayne Gretzky could not have said that any better. You can only make progress if you take a step. Overcoming the fear of failing is the first step towards success. Start confronting your fears today. And take even the most basic step towards what you have to do. Remember the dream you were too scared to chase? It’s still not too late to give it a try. Never miss an opportunity to try.
“No matter how many mistakes you make, or how slow you progress, you are still way ahead of everyone who isn’t trying.”
- Giving up too soon
How persistent are you about pursuing your dreams and goals in life? One of the most important secrets of success is learning to conquer your doubts. Most of us give up on our passion too soon. Every successful person you know today has a perseverance story to share. There is probably no better example of persistence than Abraham Lincoln
He failed in business at 21, lost a legislative race at age 22, failed in business again at 24 and lost a congressional race when he was 34. At 45 he lost a senatorial race. And he failed in an attempt to become Vice President when he was 47. But he was finally elected President of the United States at age 52. Lincoln never quit. He could have given up after several attempts but pursued his ambition to assume the highest office in America. There is no substitute for persistence. As long as you are still actively trying after every failure, you have not failed yet.
If you don’t believe in what you do, you will give up at some point. If you have no reason to believe it’s possible to achieve your dreams or goals, all the effort you are putting into it will be wasted. You mind’s unconscious beliefs plays a significant role in the amount of effort you put into your life’s work. If you don’t see a successful outcome, you won’t push yourself further to get there. Your progress depends on your decision to try knowing that you will overcome your failures and rise above them.
There will always be a reason why it can’t be done. People constantly explain away why they couldn’t, shouldn’t, didn’t, or simply wouldn’t do something. When you make excuses, you are simply saying, “I’m not in control.” But guess what – you are the only person who is fully in control of your actions and decisions in the world. Making excuses robs you of your personal power.
People make excuses because of the fear of the unknown. Others are just afraid of change, rejection and embarrassment. Fear locks you in your comfort zone. And nothing magical or remarkable happens in your safe zone. You can stop making excuses if you learn how to eliminate all traces of fear from your life. The next time you experience a setback, don’t make an excuse. See it as a challenge, learn from it and move on. Excuses are distractions, and they reduce your confidence and self-belief. You don’t want that – especially when you still have a lot to show the world.
lack of succession plan,lack of approriate knowledge of financial to enable you diffentiate between revenue and profit, proper funding, lack of good resouce management and lack of god enabling enviroment provided by government
Thanks so much for this. I truly appreciate it.
This is a great piece. I have learned from it.