The Four Biggest Reasons why Businesses Fail... And How to Avoid Them Simply, Easily, And Without Fuss

Written by Nancy Bornes


Continued from page 1

3) People cannot survive five or six months of negative cash flow.

It is a known fact that most businesses -- including network marketing plans - take many months to begin to pay off. This creates a great deal of difficulty for most people, who really can't afford to wait that long.

So takerepparttar blinders off, and be discriminating when you are looking at business opportunities. Don't be afraid to look pastrepparttar 106857 'hype' and take a deep look atrepparttar 106858 real numbers - how hard will you have to work, and for how long, beforerepparttar 106859 paycheques are worth more thanrepparttar 106860 paper they're written on? And speaking of paycheques ...

4) People are driven by MONEY, when they really need to be driven by a MISSION.

We can move mountains when motivated by a real passion for things more noble than money. The passion to help others, for example, producesrepparttar 106861 energy and creativity of greatness. We've heardrepparttar 106862 expression, and it has repeatedly proven true in business - 'do what you love.' The money WILL inevitably follow very closely behind.

Find out what YOUR passion is. What MISSION will drive you torepparttar 106863 greatest heights in business? Don't settle for anything less, and you WILL reaprepparttar 106864 rewards that are sure to berepparttar 106865 result!

Nancy Bornes is a successful entrepreneur through using the principles described in this article. Visit her website at http://www.retirequickly.com/3121


THE COMMON DENOMINATORS OF SUCCESS

Written by Joseph A. Rico


Continued from page 1

This may sound strange, but some people still have not learned that a business must profit to survive. Some inrepparttar business world price their offering so low that no amount of volume will make up for it. Successful businesses price their product or service based on realistic business projections, not hopes or dreams.

BUSINESSES BUILD COMMUNITY

When you become a customer of a successful business you know that you have value to them. They communicate this to you. They have learned perhapsrepparttar 106856 hardest lesson of all; it costs much more to CREATE a customer than to KEEP a customer. Some create a community of users and powerfully cater torepparttar 106857 needs of their community.

THE CUSTOMER IS ALWAYS RIGHT

An unhappy customer will tell far more people about their unhappiness than will satisfied customers share their satisfaction. Prevent problems with customers by staying in contact and responding to requests. If push comes to shove,repparttar 106858 customer wins, every time. Does it work?

Ask Wal-Mart.

So, how did you do? If you are a little rusty on some ofrepparttar 106859 basics remember that you can change that today. If you are missing one or more of these foundational principles, examine yourself and your business today to see how you can build onrepparttar 106860 success of others and carve out your place inrepparttar 106861 world of business.



Joseph A. Rico knows that true success is built on proven principles, and that these principles combined with the awesome power of the Internet create an unparalleled opportunity. See for yourself now by visiting him at http://www.goingplatinum.com/member/homesuccess101


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