News and Articles About Business Failure
Inspiring Your Team
Everyone fails, but there are no such thing as moral victories.
An MBA or a high IQ doesn't guarantee you anything.
Keep moving forward, even if you're stumbling.
As quickly and dramatically as Rome came to power, it fell -- swiftly. Remember that old adage about those who who fail to learn from history?
Do you know why your company's in trouble? Go back to the drawing board for a fresh approach -- and ask for help when you need it.
If you understand why this is the case, you'll be able to better prepare yourself and potentially avoid some of the pitfalls of first-time business ownership.
I could have avoided a million-dollar bank scare with the strategies in Mike Michalowicz's book, Profit First.
Try having your sales team members write down the circumstances of their failures. You'll be surprised at the insights that emerge.
And a the failure to differentiate your product is a key reason for that lack of revenue.
Many businesses fail and it's is not due to a faulty product, but a faulty communication strategy.
Setbacks are part of life. Treating them as steps on your way to success will help you get the most out of these painful -- but valuable -- learning experiences.
Boundless optimism is required to launch a business but a steady grip on reality is required to stay in business.
Startups fail for a lot of reasons: a lack of money (duh), poor marketing, a pivot gone awry, legal challenges. But another, different reason tops the list year after year.
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