7 Fatal Business Mistakes You Are Probably Making Right Now

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Ken McElroy discusses the seven critical mistakes that can lead to business failure and reveals practical strategies for avoiding them. From managing cash flow to adapting to market changes, this video will be helpful for every entrepreneur aiming for long-term success.
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ABOUT KEN:
Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, The ABC’s of Property Management, and has an upcoming book: "ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years." Ken is a Rich Dad Advisor.
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#kenmcelroy #realestate #realestateinvesting #businessfailure #commonbusinessmistakes #cashflowmanagement #marketadaptation #customerservicestrategy #effectivemarketing #brandingtips #hiringtherightpeople #businesslocationstrategy #partnershipissues #entrepreneurship #businessadvice #startuptips #businesssuccess #financialmanagement #revenuestreams #marketchanges #customerretention #socialmediamarketing #smallbusinesstips

[@KenMcElroy]

If you want to support the channel, please share this video with someone you think would benefit. It would really help us out.
Thank you!

[@SuperSpikejack]

I don't see "vote democrat " on that list. 😂

[@ken9999roch]

LMAO!!!

[@bruceduckett87]

Because, if You Vote Democrat Your Business Will GO BROKE!!! TRUMP 2024!

[@christ.4977]

That's definitely a way to destroy your business.

[@joshfgfg]

I agree with the sentiment. We have a left wing government in uk, there’s only 2 choices. Left or left. But to be fair, they’re good for real estate. They create laws reducing competition and more tenant demand through migration. Terrible governments are great for real estate (bad for country and future generations)

[@riumudamc4686]

​@@joshfgfgit depends on how bad the government is. Real estate in Venezuela is not a good investment at the moment ....

[@AlejandroMartinez-eh8gr]

maestro ken, gusto en saludarte...

[@KenGray]

Location does matter online. Get a bad url and you'll see.

[@chrissears8095]

That's great. Thanks

[@rpietryk4690]

Thanks 🥳😬👍

[@nathangrinalds2536]

The notion that even if you don't like social media, it is still wise to use it for marketing is foolish advice. Why should someone employ business practices that are opposed to their personal ideologies? It is exactly this line of thinking that has led to the dominance of ad-based revenue business models, engagement maximization, the attention economy, and exploitation of peoples data and privacy. Yes, engagement maximization works, but the costs of psychological manipulation has led to significantly increased self harm, anxiety, antisocial disorders, etc. in the youth. So no, if one feels like a marketing strategy is against their personal morality, they should not do it. Even if it is free.

[@monkmysterio]

F partnering. I will NEVER partner

[@eddiemalvin]

Same. Why would I form a partnership and give up partial control when I can just hire for the skill set that partner brings?

[@Andrew-cm5tc]

I’ve been reading million dollar weekend and blueprint to a billion and what he’s saying is the same. Companies that reach a billion in revenue were cash flow positive early and stayed that way until a billion in revenue. If you start a business, you need to find your customers before you build the business. In most cases, it’s better to be first to the market and then use your customer feedback to perfect your product rather than perfect your product before launching your business

[@daiji5960]

This is so true

[@hashimsalim2665]

Great thank you.

[@deeprincess3159]

Thanks for sharing