ILLUMINATION
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ILLUMINATION

Why Do Most Businesses Fail? My Take as a Company CEO

To all business owners — most of the time, it’s a matter of how you plan rather than what you do

Image by Trang Le from Pixabay

In reality, owning a business is rarely identical to what you’ve imagined

Why do most businesses fail?

The lack of a business strategy is definitely a big no-no

Image by ar130405 from Pixabay

If you fail to sum up your initial investments, your business will fail too

If you lack passion, likely your business would fail

The lack of development and growth is also a great disadvantage

Outside of planning and investments, it all comes down to the employees

Failing to add a unique element to your business can quickly lead to failure

Summary

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Ivan Popov

i was once an athlete. then a journalist. now i am a ceo of vipe studio. still running marathons though.