10 Top Reasons Why Your Business Will Fail
Вставка
- Опубліковано 29 тра 2024
- These are the 10 top reasons why your business will fail - okay, they’re not ‘official’ reasons, but if you’re making any of these mistakes, you need to stop right now. Why have I decided to share the top reasons why most businesses fail? It’s simple. You need to understand why your business will fail so that you can avoid the pitfalls and scale successfully.
Luckily for you, I’ve experienced the biggest failure of my life, so you don’t have to.
I’ve had a lot of success in business. I know what it feels like to land that BIG client. But I also know what it feels like when everything you’ve built crumbles beneath your feet.
I would be so bold as to say I’m an expert in catastrophic failure, which is why I’m sharing the top reasons why your business will fail on this video so that you can be aware of them, understand them, and know how to avoid them!
In this video, I cover:
• The top 10 reasons why your business will fail
• ….plus one extra BONUS reason!
That’s all I’m giving you on this one. If you want to find out the top reasons why businesses fail, you have to watch the video and stick around until the end to hear the bonus reason!
Then, let me know your experiences with the reasons I’ve talked about. Did one resonate with you more than others? Have you been making any of these mistakes in your business? What changes are you going to make?
You can also read the blog post on this topic over on my website: ceoentrepreneur.com
Subscribe to this channel (CEO Entrepreneur by Tamer Shahin) NOW
/ @ceoentrepreneur
This video is Top Reasons Why Your Business Will Fail • 10 Top Reasons Why You...
Understanding why you will fail in business is the first step to your success! To hear the story of my personal failure, watch the video - How to Succeed After Failing in Business - Part 1 • How to Succeed After F...
I also reveal the 7 lessons I learned from catastrophic business failure in the video - How to Succeed After Failing in Business - Part 2 • How to Succeed After F...
ABOUT ME
Hi! I’m Dr. Tamer Shahin, the Founder & CEO of CEO Entrepreneur, where we help small business owners scale their businesses, without sacrificing their lifestyle, wellbeing, or freedom. I’m also a Serial Entrepreneur, TEDx speaker, Executive Coach, Consultant, Author, Speaker, Investor, and now… I'm a ‘UA-camr.’
I’ve grown several multi-million-dollar businesses from scratch. Some of these businesses were massively successful and others turned out to be catastrophic failures! Nonetheless, I picked myself up and learned a lot from all of my extraordinary success and catastrophic adversity.
Now, I’m taking everything I’ve learned and leveraging it to create this UA-cam channel and help people like YOU scale your business to astronomical heights. Each week, I’ll be sharing tactics, tips, tools, and insights to help transform you into a “cool as a cucumber” CEO.
*Disclaimer*
Results are not typical nor guaranteed. You are responsible for your own actions and decisions. Neither Tamer Shahin nor CEO Entrepreneur can be held liable for any results you may or may not get as a result of decisions you take during or after watching these videos.
The reasons listed in the video are not in order... so which one do you think is the most important one?
Ahmed Nagy Thank you for your comment. Yes they are ... so if you rank these all equally, can you think of other reasons that weren’t mentioned here in the video (and yes... I can!)
When businesses grow quickly, I found that sometimes the team members who were in the former process are not able to acclimate to a different method, process, or standard.
Yes this is true and that’s why making sure you upskill your team as your growing and anticipating what skills they’ll need down the line is important. It’s also important to keep people aligned and motivated by your vision and why growing is so important for the company but also for them.
But sometimes it does happen that people have hit a ceiling in their personal growth. In that case, they either have to stick to their previous responsibilities and you hire above them people who are capable. But in some unfortunate cases, letting them go and finding a replacement that suits the business and what it needs today moving forward becomes necessary m.
Wow can't believe you only have 4k subs!! This is high level production and info. 👏 good job.
Thank you! We all have to start at the bottom. Comments like these will hopefully get UA-cam’s algorithm to show it to more people. So thank you for your kind words. They really do help
I have watched many of your videos. I will say that the biggest issue which you do not talk about is how to effectively create accountability without micromanaging. I hired staff who did not have the processes (i created them as we went) but in the end, the biggest issue wasn't the lack of process, it was due to not being able to oversee the processes without feeling overwhelmed since there are so many areas to oversee.
Stay tuned. I will be doing a video on this very soon!
I watched ALL of your videos so far! Keep up the awesome work you do because I am starving for your great advice! Your channel will grow in no time for sure! 🚀Proud to be one of your early subscribers! Best wishes Tom
Tom, thank you for your comment and kind words. I am a huge fan of your channel and the awesome work you do there. This comment means a lot. Great things to come! :)
Great advice 👍
Thank you for your comment :)
Thank you very much ❤
You're welcome 😊
very helpful
Glad you found it valuable and welcome to the channel. Feel free to suggest topics for videos you'd like to see :)
👌