You will lose some customers. You will lose some friends and family. You will lose the faith of investors. Your idea will become worthless. You will fail some of your employees. You will fail at keeping stress levels low. You won’t make the sale. You’ll be misunderstood. You won’t raise the money you think you […]
11 Ways Entrepreneurs Fail Read More »
Afraid of falling within the majority who fail within the first year of starting a new company? Credit Donkey has shared an infographic to help demonstrate what really causes many of those companies to fail. Infographic after the jump.
Infographic: Sink Or Swim Read More »
We will buy many products in our lifetime. Many times packaging, marketing and advertising will make a difference in which brand we choose to purchase. However, even before a product is manufactured, wrapped up and shipped out, it has to have a name. The moment the product is given a name, a crucial marketing decision
You will lose some customers. You will lose some friends and family. You will lose the faith of investors. Your idea will become worthless. You will fail some of your employees. You will fail at keeping stress levels low. You won’t make the sale. You’ll be misunderstood. You won’t raise the money you think you
11 Ways Entrepreneurs Fail Read More »
Ever wonder what happens to the businesses when the Olympics come to town? The Telegraph has the story of one man, Michael Spinks, and the effect it has already had on his business. He understands the company’s main access route will be completely closed during the Olympic and Paralympic Games, and may be restricted between
Olympic Sized Business Disruptions Read More »
Kodak may not fall under the category of small business, but they do face a similar probably: the possibility of failure. Once considered one of the largest companies, they are mere weeks away from filing for bankruptcy protection. What can lead such a big company to fall so far? That Kodak is even contemplating a
Kodak Facing Bankruptcy And What You Can Learn From It Read More »
The sweets business went sour for David Payne when most of his customers flocked north for the summer. When he could no longer afford to continue his business, Payne closed up shop. Although his business was relatively short lived, he learned many lessons during that time. As he dealt with falling sales, a new opportunity
Lessons Learned When Businesses Fail Read More »
We often mention companies who have just gotten started. However, what about the companies that do not make it? When Christina Ross started her company last year, she was filled with high hopes. This year she had to close up shop, and The Local took a closer look at the reason why. The Local: Why
When The Doors Close Read More »
Here’s a 3-step checklist to figure out if you’re failing as an internet entrepreneur: 1. Is the site live yet? Yes: you’re likely failing, but at least you’ve got a chance of getting some feedback from real, live users, which may, if you’re smart and perceptive, decrease your chance of failure a little bit. No:
Are You Failing As An Internet Entrepreneur? Read More »
It is often said that we should learn from our failures. The lessons we learn during a failure can help us avoid those same problems the next time around. Many people would agree with that statement, however Business Insider believes that is the wrong approach. Do you? There’s only one problem with the “failure helpsâ€
No Lessons In Failure Read More »
