?Ask Why do new businesses fail so often?

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Premium User
Nov 24, 2023
Abuja Nigeria
Pay attention to Bill Gates and Warren Buffet. They were asked to identify the one strategy that contributed to their success in an interview. Their technological talents or mentors were not the cause. They weren't lucky. It was Focus.
Most business owners lack that. You cannot produce an impact without attention, just as sunshine cannot burn a piece of paper without it.
You cannot sit still and concentrate to save your life if you are normal. It is impossible to read this without thinking. The majority of people lack the sustained focus necessary to concentrate for even a minute.
Entrepreneurs that fail conceal their incapacity to operate and attribute their downfall to the market or other individuals. Ultimately, though, it boils down to being unfocused.

Technical issues with your product or service are possible, yes. perhaps your squad wasn't very good. perhaps your offering was ineffective. if your sales procedure wasn't successful.

However, you were too distracted to notice and address that.

Regardless of the state of the market, someone is always profitable. Your inability to concentrate is the only thing separating you from him.

It takes everything you have to succeed in business. You fail when you attempt to work at it while your mind is clouded and agitated.

My firm only turned a six-figure profit when I learned how to sit and work for extended periods of time.

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