Why Your Business will FAIL
I started my first business when I was 29 years of age. I wish I would have known the facts about why so many businesses fail. Knowing what the cause of failures may be as valuable as knowing what the successful do.
Did you know, that 93% of all small businesses make less than $250k per year and over 51% make less than $25,000? When I saw this stat it changed my approach to business because I quickly did the math and figured it impossible to grow and sustain any business with only 250,000 of pretax dollars. In fact of the 28 million small businesses over 67% break even or lose money.
“The reality is you must learn to grow and scale your business or it will fail to be a business!”
Five main reasons your business will fail:
1) No one knows you
2) You’re too small
3) You don’t grow fast enough
4) You don’t spend/invest enough
5) You don’t make enough
I want to help make sure this doesn’t happen to you. So I researched who I could collaborate with to bring you the best information available for growing a small business. My first choice was Fran Tarkenton, who has been working with small businesses since he retired from the NFL. Fran has dedicated his life to working with small business owners and start-ups on strategies to grow their businesses. And he is not a hype guy, he is a strategy guy.
We agreed to work together to produce a LIVE Webcast that we could deliver to you so you wouldn’t have to leave your home or business. Fran is flying to Miami and we will broadcast this LIVE event to you. I am super excited about working with Fran and even more so working with you to ensure YOU grow and scale your business to the levels you deserve.
Let’s face it, most small business owners and entrepreneurs are just making it up. There are even more people out there that have a great idea but because you don’t know what to do you are slow to start. In business and in life when you are simply making it up as you go, the chances are you are not going to be as confident. This will cause you to be over cautious when you shouldn’t be and reckless when you should be cautious.
Join Fran and I by going to Kick Start Your Small Business with Grant Cardone and Fran Tarkenton.
Lets Grow your business,