The,Four,Biggest,Reasons,why,B business, insurance The Four Biggest Reasons why Businesses Fail... And How to A
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Everyone's trying to make a buck - or two - on and off theInternet, these days. Yet, from the smallest home-basedenterprise 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 inthe scrap-heap, after all your hard work? The majority ofbusinesses - including network marketing opportunities -fail because of four problems:1) People have never been taught how to manage theirbusiness or their personal finances.Most people would never even consider submitting theirresume for the Chief Executive Officer (CEO) position of acompany, yet they hire themselves as the CEO of their ownbusiness without a second thought! At the same time, wehear those stories of folks who, with minimal businessbackground, make a killing in their first year in business.How did it happen?In a word, training. Training means learning anything andeverything you can about doing business, about marketing,about customer service, about number-crunching. And there istraining available - on and offline, much of it free or veryinexpensive. Those who are open to learning, and takeadvantage 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 theycannot effectively sell their product or services, and theyare not effective at training their team.The most obvious solution to this problem is to make sure,in the first place, that you are selling a product that youknow and understand, and that you absolutely believe in.Then it will sell itself, with much less effort from you! Sogive careful thought to the opportunities that presentthemselves to you - do you believe in the product or serviceYOURSELF, enough that all you'll really need to do is honeyour presentation of the facts?3) People cannot survive five or six months of negative cashflow.It is a known fact that most businesses -- including networkmarketing plans - take many months to begin to pay off. Thiscreates a great deal of difficulty for most people, whoreally can't afford to wait that long.So take the blinders off, and be discriminating when you arelooking at business opportunities. Don't be afraid to lookpast the 'hype' and take a deep look at the real numbers -how hard will you have to work, and for how long, before thepaycheques are worth more than the paper they're written on?And speaking of paycheques ...4) People are driven by MONEY, when they really need to bedriven by a MISSION.We can move mountains when motivated by a real passion forthings more noble than money. The passion to help others,for example, produces the energy and creativity ofgreatness. We've heard the expression, and it has repeatedlyproven true in business - 'do what you love.' The money WILLinevitably follow very closely behind.Find out what YOUR passion is. What MISSION will drive youto the greatest heights in business? Don't settle foranything less, and you WILL reap the rewards that are sureto be the result!
The,Four,Biggest,Reasons,why,B