Business Failure: 16 Top Reasons & Solutions

Written by on August 16, 2016

A recent report by Bloomberg says 8 out of 10 entrepreneurs fail when they start their business. That is a whopping 80% business failure rate. As an entrepreneur, I am concerned and so should you.

In 2006, I started 3 businesses. One was in publishing. It failed. The next one was in laundry. It failed. The third one was in household and office cleaning. It failed too. They all failed that same year. I was perplexed. I was confused. What was responsible for this business failure? (more…)

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