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

Written by Nancy Bornes


Everyone's trying to make a buck - or two - on and offrepparttar Internet, these days. Yet, fromrepparttar 106857 smallest home-based enterprise to multi-million dollar dotcom empires, businesses are failing, too, like never before.

How can you make sure that YOUR business doesn't end up inrepparttar 106858 scrap-heap, after all your hard work? The majority of businesses - including network marketing opportunities - fail because of four problems:

1) People have never been taught how to manage their business or their personal finances.

Most people would never even consider submitting their resume forrepparttar 106859 Chief Executive Officer (CEO) position of a company, yet they hire themselves asrepparttar 106860 CEO of their own business without a second thought! Atrepparttar 106861 same time, we hear those stories of folks who, with minimal business background, make a killing in their first year in business. How did it happen?

In a word, training. Training means learning anything and everything you can about doing business, about marketing, about customer service, about number-crunching. And there is training available - on and offline, much of it free or very inexpensive. Those who are open to learning, and take advantage of as many training opportunities as they can, stand a much greater chance of succeeding.

2) People cannot effectively sell, recruit or train.

Many people fail in all types of businesses because they cannot effectively sell their product or services, and they are not effective at training their team.

The most obvious solution to this problem is to make sure, inrepparttar 106862 first place, that you are selling a product that you know and understand, and that you absolutely believe in. Then it will sell itself, with much less effort from you! So give careful thought torepparttar 106863 opportunities that present themselves to you - do you believe inrepparttar 106864 product or service YOURSELF, enough that all you'll really need to do is hone your presentation ofrepparttar 106865 facts?

THE COMMON DENOMINATORS OF SUCCESS

Written by Joseph A. Rico


Where do business ideas come from? A few very innovative people overrepparttar years have had moments of inspiration and a new industry was born. The very medium that you are using to read this article falls into that category, thanks to some very talented men and women. But do we have to be able to INVENT an Internet to PROFIT from an Internet?

BUSINESS IS BUSINESS

Here's how most business gets done inrepparttar 106856 world. People add THEIR creativity torepparttar 106857 creativity that has come before and make a business for themselves. They build uponrepparttar 106858 foundation that others have laid. And without fail these foundational businesses are built upon PRINCIPLES that do not change.

KNOWING and APPLYING these principles isrepparttar 106859 only sure road to success. Let's look at three ofrepparttar 106860 biggies and ask ourselves how we measure up.

BUSINESSES CREATE OPPORTUNITIES

Let's face it folks, we're here to make money. The businesses that succeed all offer their participants an opportunity to make money in some way.

BUSINESSES SOLVE PROBLEMS

Think ofrepparttar 106861 top five businesses that you respect and you will find that each one is solving someone's problem in some way. The problem can range from curing a disease to providing free Internet access. Or a better browser.

Or a way to make more money with less effort. To get my attention, solve my problem.

BUSINESSES MAKE A PROFIT

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