Remember, every start is not a company with a disability. However, the small entrepreneurs themselves are mostly to prevent interference, do not do what needs to be done. Statistics of SMEs, they have started their business when it comes to the execution goes, but do not reach all the necessary reference data that is not the right thing most small businesses. Those who survived the first five years if it fails the first five years, many may fail 10 years ago.
In each small bankruptcy, there are devastating consequences for families / small enterprise. Most small business owners, as they say in that time they are worth every penny you can have in their hands, to have set to manipulate energy and personal sacrifice. Well, devastation caused by the failure of their business beyond them. This is their community, state, and also applies to the land. Surprising amount of resources and opportunities are lost in a small number of bankruptcy. Unfortunately, project failures by understanding why you do to prevent it must be avoided and it happens.
Why it happened
Michael gate bars, E in developed countries to his book that the main reason he believes to reconsider – the author of the myth:
But it is, but the things to learn, is quite simple – - “Problems of failed companies the most, MET financial enough my marketing, management, unknown by the ownership and operation, but to protect what they think they know, spend their time and energy. “
In other words, Mr. donors a small business owner, I think I much more than they know about their company, believes that small business failure.
During my career as a consultant or consulting services for more than 120 executives and small business owners with more than 30 years I have seen that the true time and time again in this way – small business / disability and the reason for his struggles to 100%. SMEs are still the same thing over and expect different results is insanity, defined as an exercise. “Insane” There are three common vices for small pushing firms to change their habits.
The nature of evil # 1 – Do you think you know they know.
This is an example of a consultation from one of my clients here James, the company owns residential and commercial building painting contracts. James, I asked about this statement: his way of pricing, it has. .. “My father started the company in 1956, the price for my my my my father, it is always running, in a way it’s taught me a chance, we When I started working in several ways, but taught everything you need to know about it was 15 years old, “can be performed for this project. Continue reading →