Business failure among small-scale entrepreneurs

[topbitcoin]

A motivator once said, "That in a business, when you fall five times then make sure that you will get up for the sixth time." That's for people who are born into families that are capable and well-off, because they always have the capital to get up again. Whereas when the fallen are small-scale entrepreneurs, who rely on their business as a way to survive and to make ends meet, it is very difficult for them to get back on their feet when they go bankrupt. Because they no longer have enough capital to start their business again.

But if we just stand by without making an effort to get things back on track, and despair over all that has happened to us. Then what are we living for in this world. Because this world is a place to try, and nothing is impossible for those who want and always try. Indeed, opportunities do not come twice, but opportunities always come to those who are always willing to try and try. Because what is called misery is not destiny, but it is the result of laziness within ourselves.

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[flyingcarpet]

A motivator once said, "That in a business, when you fall five times then make sure that you will get up for the sixth time." That's for people who are born into families that are capable and well-off, because they always have the capital to get up again. Whereas when the fallen are small-scale entrepreneurs, who rely on their business as a way to survive and to make ends meet, it is very difficult for them to get back on their feet when they go bankrupt. Because they no longer have enough capital to start their business again.

But if we just stand by without making an effort to get things back on track, and despair over all that has happened to us. Then what are we living for in this world. Because this world is a place to try, and nothing is impossible for those who want and always try. Indeed, opportunities do not come twice, but opportunities always come to those who are always willing to try and try. Because what is called misery is not destiny, but it is the result of laziness within ourselves.

Such words often give people unnecessary courage and cause them to make mistakes. As you said, such things are generally for rich people. It is very difficult for a small-scale entrepreneur who loses his capital to get back on his feet.

There are similar sayings on social media and they are offered to people under the name of motivation. Many of them negatively affect people by giving them unnecessary self-confidence.

[Dickiy]

A motivator once said, "That in a business, when you fall five times then make sure that you will get up for the sixth time." That's for people who are born into families that are capable and well-off, because they always have the capital to get up again. Whereas when the fallen are small-scale entrepreneurs, who rely on their business as a way to survive and to make ends meet, it is very difficult for them to get back on their feet when they go bankrupt. Because they no longer have enough capital to start their business again.

But if we just stand by without making an effort to get things back on track, and despair over all that has happened to us. Then what are we living for in this world. Because this world is a place to try, and nothing is impossible for those who want and always try. Indeed, opportunities do not come twice, but opportunities always come to those who are always willing to try and try. Because what is called misery is not destiny, but it is the result of laziness within ourselves.

Such words often give people unnecessary courage and cause them to make mistakes. As you said, such things are generally for rich people. It is very difficult for a small-scale entrepreneur who loses his capital to get back on his feet.

There are similar sayings on social media and they are offered to people under the name of motivation. Many of them negatively affect people by giving them unnecessary self-confidence.

But what's wrong with trying, they get a lot of motivational words that others aim to restore the spirit of people who have or are in a phase of failure whether it's in the business process or whatever they are struggling with, for the problem of mistakes, yes it is due to their own who may be careless, it doesn't matter because mistakes become common in every journey of a process. Another thing is of course it is true as you say that poor people experience such failures then yes it is quite difficult to get back up to build, financial factors become a major problem for them and that is the difference why poor people find it difficult to get up compared to rich people who have a lot of money.

But on the other hand even so it does not mean that it is impossible for poor people to get back on their feet, it's just a matter of time where poor people need enough time to collect capital first to start again, motivation is good and whether it will be useful or not it all comes back to the person in response.

[macson]

CONCLUSION
Establishing a strong and firm business doesn't come easy. It involves patient, time, passion and hardworking. Young entrepreneurs should try to learn from failed businesses and guide themselves with successful businesses.

only those who work hard are able to build their business from zero to big, and this is what i see CEOs of large companies who set up their businesses from a small scale have, i am also trying to run a small business and to be honest there are many trials what i often encounter, especially when my customers are quiet, is that managing finances well is something that every entrepreneur and businessman must master, although it is not easy, but slowly you will definitely master it, as long as there is a strong will on the part of that person.

[junder]

There are many reasons why new businesses fail. Business in the world is very competitive. New businesses can get on their feet, they can start with a startup, after that it is important how long they can continue, do they see just one step ahead or do they work with longer steps, predictions and plans? This part is important. These are all long processes, it is very difficult to find sufficient financing, you need to have unique ideas and a functioning business to convince the financing.

Initiation of business that will remains successful needs a skills about that business and before starting a business make a longer and clear research about the business as it will increase your knowledge and you will have control on it. Those who have skills are originating new ways for attraction of costumers therefore they don't have any fear about business declining.

For business an owner should hire those individuals for their business who know all necessary things and have skills to show the products in well manner to satisfy the customers. Setting a business is easy if you are financially stable but knowledge is needed to make it successful therefore if you don't have any idea of business then your finance will be at risk.

someone who starts a business must have good skills because they themselves have complete control over the business they run. no matter how small the business they run, they still have to have good skills to run their business so that it grows. A business of course has to grow and make a profit so it should be someone who starts a business must have good skills, they must be able to manage finances, marketing, production of goods. with them being able to manage their business well then the possibility of their business can grow, the better the development is fast. one of them is the skills that must be possessed in marketing, they must be able to attract many people to buy their products using the ideas they have. as you said using unique ideas can be done to attract the attention of many people.

If by recruiting people by making them employees it depends on the business anyway, but a business that is run by itself and then develops will definitely need new workers so recruiting new people is necessary too. even with a small capital if the business can be run well then it can develop, risks and failures may definitely exist but they can be avoided with good skills and preparing everything as well as possible.

[bocyaj]

Initiation of business that will remains successful needs a skills about that business and before starting a business make a longer and clear research about the business as it will increase your knowledge and you will have control on it. Those who have skills are originating new ways for attraction of costumers therefore they don't have any fear about business declining.

For business an owner should hire those individuals for their business who know all necessary things and have skills to show the products in well manner to satisfy the customers. Setting a business is easy if you are financially stable but knowledge is needed to make it successful therefore if you don't have any idea of business then your finance will be at risk.

Every business need of the skills to be successful,the business man should learn the business before he use the money to inverse in the business.Because the skill only make the person to successful in business with the hard work.If you decode the previous business person you come to know about the fact that the person who work as the cook or server will start the hotel as the owner.So he may save the money and develop their skill when he working in the hotel.The person without any skills may leads to loss and the business person may get away from the business.

only those who work hard are able to build their business from zero to big, and this is what i see CEOs of large companies who set up their businesses from a small scale have, i am also trying to run a small business and to be honest there are many trials what i often encounter, especially when my customers are quiet, is that managing finances well is something that every entrepreneur and businessman must master, although it is not easy, but slowly you will definitely master it, as long as there is a strong will on the part of that person.

Every person who start the business will be the zero at the beginning,whether he become the hero or remain zero by their own actions.The self confidence was the important one in the business,because the self confidence will make the business man to stay strong at their hard time of the business.

[topbitcoin]

A motivator once said, "That in a business, when you fall five times then make sure that you will get up for the sixth time." That's for people who are born into families that are capable and well-off, because they always have the capital to get up again. Whereas when the fallen are small-scale entrepreneurs, who rely on their business as a way to survive and to make ends meet, it is very difficult for them to get back on their feet when they go bankrupt. Because they no longer have enough capital to start their business again.

But if we just stand by without making an effort to get things back on track, and despair over all that has happened to us. Then what are we living for in this world. Because this world is a place to try, and nothing is impossible for those who want and always try. Indeed, opportunities do not come twice, but opportunities always come to those who are always willing to try and try. Because what is called misery is not destiny, but it is the result of laziness within ourselves.

Such words often give people unnecessary courage and cause them to make mistakes. As you said, such things are generally for rich people. It is very difficult for a small-scale entrepreneur who loses his capital to get back on his feet.

There are similar sayings on social media and they are offered to people under the name of motivation. Many of them negatively affect people by giving them unnecessary self-confidence.

This goes back to each person. Indeed, sometimes such a phrase can spur someone to be more courageous and ambitious again to achieve success. And when someone is too ambitious, sometimes his emotions become uncontrollable, so without realizing it he often makes mistakes in carrying out the process so that everything goes beyond the previous planning and as a result fails. However, when a person manages to turn that ambition into positive energy for himself so that he has more enthusiasm in exploring his abilities and carrying out a process to achieve success in the business world. I am sure he will be able to do that.

But what's wrong with trying, they get a lot of motivational words that others aim to restore the spirit of people who have or are in a phase of failure whether it's in the business process or whatever they are struggling with, for the problem of mistakes, yes it is due to their own who may be careless, it doesn't matter because mistakes become common in every journey of a process. Another thing is of course it is true as you say that poor people experience such failures then yes it is quite difficult to get back up to build, financial factors become a major problem for them and that is the difference why poor people find it difficult to get up compared to rich people who have a lot of money.

But on the other hand even so it does not mean that it is impossible for poor people to get back on their feet, it's just a matter of time where poor people need enough time to collect capital first to start again, motivation is good and whether it will be useful or not it all comes back to the person in response.

I only have one question, are you really sure...?
If you are confident enough about your plans and abilities, there's no harm in trying it. However, it needs to be emphasized that because the capital you have is very limited, you must make the best use of this opportunity, because if you fail it will be difficult for you to get back up. So that in the planning you make, the plan has been thought through carefully, so that you can ensure or at least estimate that the level of success will be higher. Likewise, in the process or implementation, you are required to be truly professional and learn tactics, so that you are also able to answer problems that are beyond your previous expectations. Because if you behave carelessly once, this could have fatal consequences.

[MarjorieZimmermanGinger]

The world has changed within these few years. You don't need to know how to develop or manage a business before starting a business. There are people with the skills or talent to develop business. They are called business developers, business managers, and brand influencers. The function of this person in a business, specifically the business manager is to manage the business while the owner is not around. The person knows the nature of the business and it competent enough to handle the business and ensure growth and success. The business developers help the business by bringing customers and new ideas that will help the business grow. And lastly, the brand influencer, advertises the business just like marketing it to the public worldwide on social media e.t.c

Are we talking about putting luck into business and do you think that without skills we can run a more developed business? To what extent can brand influencers help your business grow and my question is how strong you will survive after they try to market or advertise your business to the public. So what happens after the contract with them ends and what will you do once the business advances.

If you know how competitive the business world is, especially for those who don't have the individual skills to develop them. Hundreds of businesses have had to close because they are unable to face competition and we will be made unable to compete with those who have large capital.

That's right, it does take a long time to develop a business, because all things require a process, where the process that must be passed is not just one, but many processes that must be passed properly. and the development of a business also depends on someone who runs it, if someone can run it well maybe the business he runs can develop quickly. vice versa, if someone runs his business poorly the possibility of his business will take a long time to develop and it could even be that the business he runs is bankrupt, and this of course must be avoided one of them by running the business as well as possible.

Successful business people are not born from a short process and usually they need a long process to generate a business that can survive in increasingly fierce competition. Ideas for developing a business also don't just appear because business people who understand the market segment will definitely make studies and surveys first before starting. There are many differences between large businesses and small businesses so we can see different patterns in developing them, large businesses require a lot of capital support, networks and connections.

Not everyone is born with the ability to run a business so we can see that only a few percentage are successful. Everyone has their own strengths and to see these strengths find your character even if it's not in business.

[Bitco55]

Any  business can fail if not well manage. It is one thing to start a business and it another thing for the your business to stand firm for life. These are examples of Nigerian Businesses that Failed Within 5 Years:

1. Efritin

It was founded in 2015 as a classified advertisement website by the Swedish company Saltside Technologies. However, it was unable to scale beyond its second year due to various factors such as mismanagement of funds and high data costs.

2. GoMyWay

GoMyWay, a Nigerian ride-sharing service, began its operation in mid-2015. It, however, shut down in 2017 through an email circulation sent to its customers.

3. OLX

OLX is a classified advertising platform launched in 2012. It allows individuals to buy, sell, and trade used products and services using their phones or the internet. Naspers, a South African media behemoth, owns the startup. However, the startup was shut down in 2018 due to challenging operating conditions.

4. Easy taxi

The ride-hailing company started in Brazil in 2011 and expanded into Africa. It was launched in 2013 in Nigeria, becoming one of the first Rocket Internet armies to arrive in Africa but was later pullout from African market after few years.

https://businesselitesafrica.com/2022/02/09/5-nigerian-businesses-that-failed-within-5-years/?amp=1

Reason why businesses may fail
👉 Poor Customer Care/Support
Customers need proper attention for a business to survive. Without them, your product will fail to exist. When customers are not well treated or appreciated, they often become dissatisfied, leave bad reviews and patronize others.

👉 Mismanagement of Funds
Some small businesses fail because the owners mismanaged the business funds and there was no accountability.

👉 Inadequate Financing
Huge number of entrepreneurs make a common mistake of starting a business with no adequate operating funds. Most small business owner start their business without having enough that can finance the budget of their business. Some start the business with loan with heavy interested.

👉 Poor Business Management
The management play a key role to sustain a business. It comprises of activities such as planning, organizing, staffing, directing, motivating, controlling, co-coordinating and communicating. When a business is poorly managed, its death is imminent. Management

👉 Inability to Communicate Value
Communication is highly important in businesses. This is the only language your customers here. Some small businesses fail because of their inability to clearly define their value propositions — that is, they fail to understand and communicate their products or services to consumers effectively.

👉 Wrong Expectations
Some startup and small business owners expect money to start rolling into their business account immediately with doing little or nothing.
The idea of starting a business with the wrong expectations and impatience has made many businesses to collapse within a short period of time.

👉 No Planning
Most small scale businesses start the business without a concrete plan. They rush into business because they see people make ways from it. To start a business, one need to make proper findings about the business. Failure to plan may lead to the downfall of the business.

👉 Lack of Focus
Investing in many things almost at the same time is not healthy fora business. Engaging in so much things at a time may make them run out of cash. This on the long run will affect the financial aspect of the initial business. At the long run, they end up closing down the business.

https://mkobo.medium.com/13-reasons-why-small-businesses-fail-in-nigeria-3c844fee7e7c

CONCLUSION
Establishing a strong and firm business doesn't come easy. It involves patient, time, passion and hardworking. Young entrepreneurs should try to learn from failed businesses and guide themselves to successful businesses.

A book I'd recommend concerning this is " How They Started Global Brands" by David Lester.

You see one of the most important aspects of entrepreneurship people disregard is innovation. Starting up a business isn't all about how much revenue you'd make within a year or 5 years, it's about how long you survive BEING UNIQUE. What makes you different from other entrepreneurs in the field? What makes you more profitable to the consumer? If you can't focus enough on something new or transform something you already know into something new you may not survive the market.

So, my advice to young entrepreneurs out there including myself,  would be to focus on something valuable so much you can transform it into something new and sell it.

[junder]

That's right, it does take a long time to develop a business, because all things require a process, where the process that must be passed is not just one, but many processes that must be passed properly. and the development of a business also depends on someone who runs it, if someone can run it well maybe the business he runs can develop quickly. vice versa, if someone runs his business poorly the possibility of his business will take a long time to develop and it could even be that the business he runs is bankrupt, and this of course must be avoided one of them by running the business as well as possible.

Successful business people are not born from a short process and usually they need a long process to generate a business that can survive in increasingly fierce competition. Ideas for developing a business also don't just appear because business people who understand the market segment will definitely make studies and surveys first before starting. There are many differences between large businesses and small businesses so we can see different patterns in developing them, large businesses require a lot of capital support, networks and connections.

Not everyone is born with the ability to run a business so we can see that only a few percentage are successful. Everyone has their own strengths and to see these strengths find your character even if it's not in business.

yep that's right, success is born from someone's hard work not just born. of course to achieve success we have to go through many trials and kuta must be able to overcome the trials and problems that will occur in the business we run, don't think with a small business there will be no risks or problems, because of course there are still risks that must be considered for us too must be able to overcome them well if we can't overcome the risks that will occur the possibility of the business being run will stop and go bankrupt. this must be avoided with the skills we have, where we have to learn a lot with the business we run no matter with the small business, because if done well there will certainly experience better development fast development. This should be avoided, where we have to learn a lot with the business that is run no matter with a small business, because if done well it will certainly experience better development fast development.

everyone  has their own skills, and not everyone has skills in busines so they themselves also have their own way to achieve success in their lives the advantages  and  disadvantages of each person are certain therefore we do not have the right to force someone to succeed in business alone there are also people who do not know business and when he knows business he learns the business world because he thinks his identity is in the business world  so someone will learn with things that he likes and that make a profit later.

[carlfebz2]

That's right, it does take a long time to develop a business, because all things require a process, where the process that must be passed is not just one, but many processes that must be passed properly. and the development of a business also depends on someone who runs it, if someone can run it well maybe the business he runs can develop quickly. vice versa, if someone runs his business poorly the possibility of his business will take a long time to develop and it could even be that the business he runs is bankrupt, and this of course must be avoided one of them by running the business as well as possible.

Successful business people are not born from a short process and usually they need a long process to generate a business that can survive in increasingly fierce competition. Ideas for developing a business also don't just appear because business people who understand the market segment will definitely make studies and surveys first before starting. There are many differences between large businesses and small businesses so we can see different patterns in developing them, large businesses require a lot of capital support, networks and connections.

Not everyone is born with the ability to run a business so we can see that only a few percentage are successful. Everyone has their own strengths and to see these strengths find your character even if it's not in business.

yep that's right, success is born from someone's hard work not just born. of course to achieve success we have to go through many trials and kuta must be able to overcome the trials and problems that will occur in the business we run, don't think with a small business there will be no risks or problems, because of course there are still risks that must be considered for us too must be able to overcome them well if we can't overcome the risks that will occur the possibility of the business being run will stop and go bankrupt. this must be avoided with the skills we have, where we have to learn a lot with the business we run no matter with the small business, because if done well there will certainly experience better development fast development. This should be avoided, where we have to learn a lot with the business that is run no matter with a small business, because if done well it will certainly experience better development fast development.

everyone  has their own skills, and not everyone has skills in busines so they themselves also have their own way to achieve success in their lives the advantages  and  disadvantages of each person are certain therefore we do not have the right to force someone to succeed in business alone there are also people who do not know business and when he knows business he learns the business world because he thinks his identity is in the business world  so someone will learn with things that he likes and that make a profit later.

We wont really be able to achieve that pinnacle of success if we wont really be having that hard work and this is something that would really be that
needing for an individual to do so before they would be able to hit up that success that they are longing for. If you are that someone who do really love just on sitting and waiting
for some miracle then you wont really be seeing yourself on reaching out that goal.

People would really be mainly minding about on having that financial freedom.Then on what way? Business and investment would be the fastest route on achieving this target
but the question is, would you do able to succeed? You wont really be able to know the result until you would be able to try and this is where you would be deciding for yourself
whether you should be risking it out or not.

Every business do starts on being small until it would be gradually be growing but of course there would be only two possible outcomes on having a business
whether you would succeed or not, it would be depending on tons of factors.

[MarjorieZimmermanGinger]

yep that's right, success is born from someone's hard work not just born. of course to achieve success we have to go through many trials and kuta must be able to overcome the trials and problems that will occur in the business we run, don't think with a small business there will be no risks or problems, because of course there are still risks that must be considered for us too must be able to overcome them well if we can't overcome the risks that will occur the possibility of the business being run will stop and go bankrupt. this must be avoided with the skills we have, where we have to learn a lot with the business we run no matter with the small business, because if done well there will certainly experience better development fast development. This should be avoided, where we have to learn a lot with the business that is run no matter with a small business, because if done well it will certainly experience better development fast development.

Almost all forms of work that we do have risks and that is something we cannot avoid, whether working for someone else or building our own business. Building a business requires skills and we also have to master the market we want to target for the marketing process, therefore we need to prepare many things starting from capital, reliable workers and other network support. When someone doesn't have experience, it is advisable to learn first because building a business is not as easy as people imagine. Everyone is not born with the ability to do business, but everyone has the same opportunity to start and try to be successful in business if it is run correctly.

everyone  has their own skills, and not everyone has skills in busines so they themselves also have their own way to achieve success in their lives the advantages  and  disadvantages of each person are certain therefore we do not have the right to force someone to succeed in business alone there are also people who do not know business and when he knows business he learns the business world because he thinks his identity is in the business world  so someone will learn with things that he likes and that make a profit later.

There are many paths for someone to seek financial freedom because we are born into this world and have our own paths and perhaps not everyone has the opportunity to be successful in business. To find out individual skills, we need to examine which sectors we can make money in and there is no need to force ourselves to do business if we don't have expertise in it. Because forcing something we cannot do will give less than optimal results and we may even experience unwanted losses.

[junder]

That's right, it does take a long time to develop a business, because all things require a process, where the process that must be passed is not just one, but many processes that must be passed properly. and the development of a business also depends on someone who runs it, if someone can run it well maybe the business he runs can develop quickly. vice versa, if someone runs his business poorly the possibility of his business will take a long time to develop and it could even be that the business he runs is bankrupt, and this of course must be avoided one of them by running the business as well as possible.

Successful business people are not born from a short process and usually they need a long process to generate a business that can survive in increasingly fierce competition. Ideas for developing a business also don't just appear because business people who understand the market segment will definitely make studies and surveys first before starting. There are many differences between large businesses and small businesses so we can see different patterns in developing them, large businesses require a lot of capital support, networks and connections.

Not everyone is born with the ability to run a business so we can see that only a few percentage are successful. Everyone has their own strengths and to see these strengths find your character even if it's not in business.

yep that's right, success is born from someone's hard work not just born. of course to achieve success we have to go through many trials and kuta must be able to overcome the trials and problems that will occur in the business we run, don't think with a small business there will be no risks or problems, because of course there are still risks that must be considered for us too must be able to overcome them well if we can't overcome the risks that will occur the possibility of the business being run will stop and go bankrupt. this must be avoided with the skills we have, where we have to learn a lot with the business we run no matter with the small business, because if done well there will certainly experience better development fast development. This should be avoided, where we have to learn a lot with the business that is run no matter with a small business, because if done well it will certainly experience better development fast development.

everyone  has their own skills, and not everyone has skills in busines so they themselves also have their own way to achieve success in their lives the advantages  and  disadvantages of each person are certain therefore we do not have the right to force someone to succeed in business alone there are also people who do not know business and when he knows business he learns the business world because he thinks his identity is in the business world  so someone will learn with things that he likes and that make a profit later.

We wont really be able to achieve that pinnacle of success if we wont really be having that hard work and this is something that would really be that
needing for an individual to do so before they would be able to hit up that success that they are longing for. If you are that someone who do really love just on sitting and waiting
for some miracle then you wont really be seeing yourself on reaching out that goal.

People would really be mainly minding about on having that financial freedom.Then on what way? Business and investment would be the fastest route on achieving this target
but the question is, would you do able to succeed? You wont really be able to know the result until you would be able to try and this is where you would be deciding for yourself
whether you should be risking it out or not.

Every business do starts on being small until it would be gradually be growing but of course there would be only two possible outcomes on having a business
whether you would succeed or not, it would be depending on tons of factors.

hard work is the key to being able to achieve success in a business, if you can't work hard don't expect success to be obtained. many people are successful by working hard alone or in the form of a team, this makes a business that must be done as well as possible and with full effort performance. If a business is run just like that without the thought of wanting the business to grow, let alone to succeed, to grow is difficult if that's the case, for example someone who has a business that is already running well, the products are always selling well but on the other hand they are just silent, I mean there is no action that is preparatory, where they do not think about how to expand their business so that it can be more developed and bigger. If that's the case, maybe the business that is run is indeed running well but there will be no greater development. this must be addressed, where someone who already has a business that is running well still has to think about how to make his business grow bigger, because someone who has a good mindset will always be thirsty for profit and development so that they always think of ways for their business to be more developed, spending capital to develop their business is no problem, because of course to experience development there must be struggle and sacrifice including the funds that must be spent is one of the sacrifices so that the business can grow.

In my opinion, in the business world, of course, we must dare to take risks, because otherwise there will be no progress. for example, someone has an idea but on the other hand he doesn't have enough money to carry out his idea. people who have courage and confidence maybe they will take a loan from the bank to be able to carry out their business ideas. with the confidence they have and the confidence that makes them confident in carrying out their business ideas that are sure to be profitable and can also cover loans that are used as capital. If someone has a business idea but does not have the courage to run it, in my opinion they will not  experience changes, for the better and if they just stay with the idea they have there is no action at all to move forward, of course they will not get anything. It is better to have the courage to try than to stay silent which does not produce anything,  even if it fails with the business that is run, does it mean loser? in my opinion not. because with the failure experienced, they have dared to take action to move forward even if it fails it is not a problem because they already have the courage to also try. also if they fail it does not mean they have to stop, but they have to learn more and understand what makes them fail, fix all the things that  make the business fail it is better than taking action to stop.

The success or failure of the business that is run depends on many factors, but it must be remembered, for a successful business there must be struggle, sacrifice, and effort. that's my own opinion. whether other people will agree or not, but I myself have my own ways and ambitions in running a business so that it can be called successful.

yep that's right, success is born from someone's hard work not just born. of course to achieve success we have to go through many trials and kuta must be able to overcome the trials and problems that will occur in the business we run, don't think with a small business there will be no risks or problems, because of course there are still risks that must be considered for us too must be able to overcome them well if we can't overcome the risks that will occur the possibility of the business being run will stop and go bankrupt. this must be avoided with the skills we have, where we have to learn a lot with the business we run no matter with the small business, because if done well there will certainly experience better development fast development. This should be avoided, where we have to learn a lot with the business that is run no matter with a small business, because if done well it will certainly experience better development fast development.

Almost all forms of work that we do have risks and that is something we cannot avoid, whether working for someone else or building our own business. Building a business requires skills and we also have to master the market we want to target for the marketing process, therefore we need to prepare many things starting from capital, reliable workers and other network support. When someone doesn't have experience, it is advisable to learn first because building a business is not as easy as people imagine. Everyone is not born with the ability to do business, but everyone has the same opportunity to start and try to be successful in business if it is run correctly.

It's true, working with others or for others as well as with your own business will certainly have its own risks, because the risk in all things or fields must exist and also cannot be avoided but to minimize it may be in our own way that must do everything well then the risk is likely to be less likely. The business that is run must be done as well as possible so that it can grow, with good marketing that is one of them, but if someone who does not have good skills in marketing I think they can recruit other people who are experts in marketing, because marketing also has an important role in running a business so that it can grow, if those who do not have skills in marketing may also be difficult to inhibit, unless they want to learn to understand good marketing. On the other hand, in my opinion, there is nothing wrong with recruiting people who are experts in marketing, not having the money to pay is not a problem, invite people who are experts in marketing to work together not just to work, it can be done because with good marketing it will also make the business run grow. Of course, someone who starts a business must learn a lot about the business he will run, if someone who does not have good experience and is lazy to learn but he has enough money, they can invest, but this needs to be considered as well. do not invest in a deceptive or fake field.

not everyone is born to have skills in business, but everyone is born to be successful and it depends on themselves who will determine in the future to be successful or just live. not everyone has the right to do business, but everyone has the right to be successful. that's a definite quote. if they want success in life, then they have to work hard to be successful and vice versa,  if the person does not want to be successful or just wants to work to meet their needs, they don't have to work hard by working naturally it's enough. but I don't think it's possible for people not to want success in their lives.

everyone  has their own skills, and not everyone has skills in busines so they themselves also have their own way to achieve success in their lives the advantages  and  disadvantages of each person are certain therefore we do not have the right to force someone to succeed in business alone there are also people who do not know business and when he knows business he learns the business world because he thinks his identity is in the business world  so someone will learn with things that he likes and that make a profit later.

There are many paths for someone to seek financial freedom because we are born into this world and have our own paths and perhaps not everyone has the opportunity to be successful in business. To find out individual skills, we need to examine which sectors we can make money in and there is no need to force ourselves to do business if we don't have expertise in it. Because forcing something we cannot do will give less than optimal results and we may even experience unwanted losses.

all people who are born are unlikely to have success in business, but they have their own success and that is in various fields, including business. if they don't have skills in business, they can invest. for example, someone who has money but doesn't have good enough skills in business and he has a friend who is good at business, I think he can help capitalize his friend so that the business owned by his friend can be more developed in other words investment or planting shares.
 And indeed something that is done by force sometimes gives less than optimal results, it is also not recommended that they force themselves to be able to do business. because they must also have their own skills in other fields.

[oktana]

One of the common reasons that startup businesses fail is because of poor management. It takes money to actually build the brand or company but then it takes an adequate manager to make sure that everything is going right. I’ve seen brands that have really bad managers and merely seeing how they run the business, you can tell that it’s a matter of time before they put the business to the ground. CEOs should really be careful who they employ for this role (if they aren’t the ones handling it) because it’s like the future of the business.

[MarjorieZimmermanGinger]

all people who are born are unlikely to have success in business, but they have their own success and that is in various fields, including business. if they don't have skills in business, they can invest. for example, someone who has money but doesn't have good enough skills in business and he has a friend who is good at business, I think he can help capitalize his friend so that the business owned by his friend can be more developed in other words investment or planting shares.
 And indeed something that is done by force sometimes gives less than optimal results, it is also not recommended that they force themselves to be able to do business. because they must also have their own skills in other fields.

Find your own character and look at individual abilities for matches that can be done responsibly because not everyone has the same abilities, including even in developing a business and people are usually born with different abilities. There are many ways to reach the stage of being able to earn income and money, not only limited to the business or investment sector, some people can even make money just sitting and working from home. The question is why not many people are willing to explore their identity before forcing themselves to do something that is much more responsible and the answer is because people just like to see success but they don't put in the effort to go through the process.

Investment also has a big impact on financial freedom, especially if we use Bitcoin in the long term. But you also need knowledge so that the investment you undertake does not result in the risk of loss caused by weak knowledge. All the work we do requires knowledge because nothing can be obtained easily or instantly.

[Ben Barubal]

  In this era, if you build a business the traditional way, it will be very difficult to keep up because the battle is really very competitive. A marketing strategy will enhance the battle to attract target customers; this is the battle in reality.

  That's why business requires intense determination and dedication, as others have said, apart from being patient and, above all, having passion. It's not possible that you are not ready to start a business because if you only started a business because you thought that you didn't have the character of a real entrepreneur, the result of this for sure will not be good; in short, your business will not succeed in the end.

[Manny@11111]

Maintaining a business is always an Herculean task. Most of the reasons why many businesses fail is competition because in fairness you have to be on your toes to deliver whatever you are delivering for your business to stand the test of time.
Everybody sells values either goods or service and the way you present it matters. Competitions is not only in pricing but in every facet of the business because companies compete in terms of of pricing, after sales, money management, customer service, accessibility and host of other renderings and you must know how to compete in all fronts.

Need to also mentioned that some businesses are not meant to last long they are just in for the money and move on to next project. They create them to raise funds for something bigger. Right from start they already know number of years they want to be in operation.

Some business fails due to bad management of money & staff because they make the money but fail to hold up to their part of loan repayment as many of these businesses were financed by loan. They also forget to retain their biggest assets which are staff by not treating them well and losing them to competition.

We have lots of reasons why businesses fails but all these can be controlled if things are done rightly and I always say whatever business you do make sure you insure most especially against government policies that can crumble business operations.

[slapper]

all people who are born are unlikely to have success in business, but they have their own success and that is in various fields, including business. if they don't have skills in business, they can invest. for example, someone who has money but doesn't have good enough skills in business and he has a friend who is good at business, I think he can help capitalize his friend so that the business owned by his friend can be more developed in other words investment or planting shares.
 And indeed something that is done by force sometimes gives less than optimal results, it is also not recommended that they force themselves to be able to do business. because they must also have their own skills in other fields.

Find your own character and look at individual abilities for matches that can be done responsibly because not everyone has the same abilities, including even in developing a business and people are usually born with different abilities. There are many ways to reach the stage of being able to earn income and money, not only limited to the business or investment sector, some people can even make money just sitting and working from home. The question is why not many people are willing to explore their identity before forcing themselves to do something that is much more responsible and the answer is because people just like to see success but they don't put in the effort to go through the process.

Investment also has a big impact on financial freedom, especially if we use Bitcoin in the long term. But you also need knowledge so that the investment you undertake does not result in the risk of loss caused by weak knowledge. All the work we do requires knowledge because nothing can be obtained easily or instantly.

It's about self-assessment, not merely character or unique characteristics. People avoid serious reflection because it's difficult. They desire success without considering their skills. Our society values hustle culture yet overlooks matching labor to talent. Everyone copies someone else's success formula, unaware that their secret sauce may be different. Knowledge is lifesaving, not just power. Cryptocurrencies are the future. People hear about instant billionaires and want in, but they don't see the countless others who lost everything due to ignorance. As dumb as jumping into the ocean without knowing how to swim, investing without knowledge is foolish. Instead of promoting financial shortcuts, we should promote careful risks. People should stop treating investment like a lottery ticket and more like an art form that needs strategy, patience, and a lot of study

[junder]

all people who are born are unlikely to have success in business, but they have their own success and that is in various fields, including business. if they don't have skills in business, they can invest. for example, someone who has money but doesn't have good enough skills in business and he has a friend who is good at business, I think he can help capitalize his friend so that the business owned by his friend can be more developed in other words investment or planting shares.
 And indeed something that is done by force sometimes gives less than optimal results, it is also not recommended that they force themselves to be able to do business. because they must also have their own skills in other fields.

Find your own character and look at individual abilities for matches that can be done responsibly because not everyone has the same abilities, including even in developing a business and people are usually born with different abilities. There are many ways to reach the stage of being able to earn income and money, not only limited to the business or investment sector, some people can even make money just sitting and working from home. The question is why not many people are willing to explore their identity before forcing themselves to do something that is much more responsible and the answer is because people just like to see success but they don't put in the effort to go through the process.

Investment also has a big impact on financial freedom, especially if we use Bitcoin in the long term. But you also need knowledge so that the investment you undertake does not result in the risk of loss caused by weak knowledge. All the work we do requires knowledge because nothing can be obtained easily or instantly.

You are right, all people are born with different abilities and of course with different fates too but if with  success they can achieve with their own effort You are right in saying that there are many things that can be done to make money not only with business and investment, judging from the current development of technology  in my neighborhood many young people are doing online sales and this generates profits for those  who run it well but I see this tends to be more dominant in women, although there are some men who also do this but I think more women are doing this,  because women usually tend to be smarter to speak in front of many people and they are able to market their sales well so that they generate their own profits. most young people today,  especially men who are like you mentioned, "only want to see success but don't try to go through the process". in my neighborhood young men who are adults, many of them don't work and don't seem  to think about their future, they just spend time playing online games, until some don't sleep to play games, and I see them like they don't have a burden on their mind. but some of them also make money from playing games like my one friend, he makes money by playing games, I dont know how but he is definitely not a youtuber or streamer.

that's right, bitcoin investment in the long run, the benefits gained from long-term bitcoin investment can be enormous because as far as I know it is promising, but this is only done by people who really have high patience and strong consistency, because even though this is easy to do but in my opinion it is not easy to run it, the consistency that is owned must be really strong because if it is not like that it is likely that they will fail in the middle of the road either pulling it or selling it when it is not time to do that, this happened to my friend where he invested in bitcoin but not long ago he sold it back and cashed it out because he was tempted by gadgets that are currently busy among the people. So in my opinion, we must have a strong sense of consistency so that we are not easily tempted by the things that are around us.

[coupable]

Some new business lack the sales of goods or product and nothing kills a new business than not meeting its sales goals. Lack of proper investment in a business kills the business also, some people lack the idea of investing more on their business,

a business's success heavily relies on its sales performance. New businesses often struggle with generating sales, which can be detrimental to their survival. In addition to sales, proper investment is equally crucial for a business to thrive. Many entrepreneurs underestimate the importance of investing in their business, which can hinder growth and sustainability. Prioritizing sales strategies and allocating sufficient resources to enhance product/service offerings are vital steps for ensuring a new business's success. It's essential to understand the significance of both sales and investment in building a thriving and profitable business.