This is so tragic!!! Failing! I can't stand that word actually. It is so negative! And it's sad that failing is a reality for some business owners. Briefly, I will share with you the 5 reasons why most people fail :( in their first 30 days! Forget about the first year! Some people don't even make it that long!

 

1. Lack of training: Some people you decide to do business with might tell you something like: they provide free training, you're in business for yourself but not by yourself, call in every day at this time for an automated training message, etc etc. They tell you how simple it is to build a business and get you all revved up to jump in and start making truckloads of money and then you never hear from them again! Unfortunately, this happens all too often and new business owners are left to figure things out on their own. It is very important that you find a mentor to partner up with and help you along as you build your business.

 

2. Lack of focus: Let's be real here, you were just going along with your life and then all of a sudden you decided to start a business! Great decision, but the problem is that your life continues and you never adjust it to fit in your business! It takes TIME and dedication to build a successful business.

 

3. Lack of strategy: Can we say, BUSINESS PLAN? How many of you have ever enrolled in school WITHOUT a plan or blueprint of your 4 years at the institution! NO ONE HAS! You HAVE to have to plan for the things you want to succeed in. 

 

4. Unwillingness to get down and dirty: If you are NOT uncomfortable within the first 18 months (at maximum) of your business, then you're doing something WRONG! It's ok for you to be uncomfortable calling or following up with people. Its ok to be uncomfortable telling someone about what you do and maybe asking them to join you. It's ok to be uncomfortable going to training sessions by yourself. It's ok to be UNCOMFORTABLE! Because believe it or not, eventually you WON'T be uncomfortable. And it will be apart of your routine. YOU HAVE TO BE CONSISTENT!

 

5. No desire or passion: This is a huge one! I always tell people they have enjoy the business they're in! Why would you have a traveling business but hate to travel? You have to be passionate about what you do! When you have passion for your business you will have a desire to succeed! And eventually all of these 5 reasons, although obstacles, will be triumphs!

 

The thing that seperates SUCCESSFUL business owners from the FAILED ones is that they keep trying. Whats the old saying? "IF AT FIRST YOU DON'T SUCCEED, TRY, TRY AGAIN!" There are even 2 trys in there! So you've got to stay motivated, stay prayerful, and stay positive when going through the excitements and woes of starting a business.


Updated 7/10/11

 

If this is your fear, I can help you. Contact me today! Tamara@garrisonprosperitysolutions.com

Website:
 http://www.garrisonprosperitysolutions.com/

Follow me on twitter:
http://www.twitter.com/tamarargarrison

 Click here for FREE info on how to build a business on a budget:
http://tamaragarrison.buildingonabudget.com

E-mail me when people leave their comments –

You need to be a member of Black Business Women Online to add comments!

Join Black Business Women Online

Comments

This reply was deleted.

Blog Topics by Tags

Monthly Archives