Lately, I’ve been speaking with small business owners who have made decisions to give up on their entrepreneurial dreams. After many years of trying, they started to feel that success is for others but not for them. What saddens me is that these entrepreneurs have been truly committed and have already invested thousands of dollars in themselves and in their business because they once believed in the vision.
For years I have coached, mentored and spoken with thousands of business owners narrowed down the Top 10 Reasons Why Entrepreneurs Fail. This is not in any order but I know that if you seem stuck in your business, chances are you have one or more of these issues active within you:
1. Lack of Clarity of Message
2. Inability to Communicate and Price Their Offers
3. Feelings of Vulnerability with Being Seen
4. Their Flawed Money Story
5. Arguing for their Limitations
6. No Marketing Blueprint
7. Not Asking for the Sale
8. No Internal Structure
9. Lack of Focused Productivity
10. Seeking Help When It’s Too Late
Did you relate with at least one, 2, 3 or all of the above?
Now you don’t have to beat yourself up for feeling like a failure for your lack of success. You didn’t know what you didn’t know. It was only through my own personal experience for myself and from working with many entrepreneurs that I was able to find the most common reasons for business failure.
Of course, lack of access to funds is also a big reason but having access funds without addressing these top 10 still results in lack of business success.
Clearly, entrepreneurship is not for everyone. It takes a lot of patience, tenacity, creativity and access to resources to stay in the game. Addressing these issues take time but it all starts with AWARENESS. These are real issues from real people whom I have coached to success.
It’s not always about lack of knowledge of technology nor the lack of funds to fuel the business. If a business is not successful, chances are some breakthroughs are necessary in one or more of the 10 areas I mentioned here.
Soon, I will be announcing an intimate coaching program that will address each of these areas so please stay tuned! If you would rather not wait until I launch that program and you’re ready for me to help you with the areas where you might be needing a breakthrough, I would love to offer you a special pricing on a Discovery Session with me. Please send me an email at firstname.lastname@example.org.
Until then, see if there’s something on this list that resonates with you or someone you know and start working on resolving them… Please COMMENT, SHARE and help someone today…
Here’s the SUCCESS with SIGNIFICANCE!