Business Plan
10 Top Reasons Why First-Time Entrepreneurs Fail
Martin Zwilling
http://www.entrepreneur.com/article/224397
According to various sources, the failure rate for new entrepreneurs can be as high as 50% within the first five years of starting. No surprise to find that not having a plan can doom a business. Being inexperienced can also doom your business – unless you get a partner who has walked the talk. This underscores the value of not going it alone. Author Zwillig encourages entrepreneurs not to give up: “Despite setbacks, many successful entrepreneurs like Steve Jobs and Thomas Edison kept slugging their vision until they found success.”
Submitted by Carol C. Robinson, executive coach for entrepreneurs and intrapreneurs. Click here to visit her webpage.
Martin Zwilling
http://www.entrepreneur.com/article/224397
According to various sources, the failure rate for new entrepreneurs can be as high as 50% within the first five years of starting. No surprise to find that not having a plan can doom a business. Being inexperienced can also doom your business – unless you get a partner who has walked the talk. This underscores the value of not going it alone. Author Zwillig encourages entrepreneurs not to give up: “Despite setbacks, many successful entrepreneurs like Steve Jobs and Thomas Edison kept slugging their vision until they found success.”
Submitted by Carol C. Robinson, executive coach for entrepreneurs and intrapreneurs. Click here to visit her webpage.