Forum Discussion

bedellmgmt's avatar
bedellmgmt
Jobber Ambassador
3 months ago

Why do you think 4 out of 5 businesses fail and what are you doing to avoid joining the majority?

I personally have noticed that many times it is a talented individual who moves off to start their own business, but they lack financial education. Eventually, the lack of financial education comes u...
business advice
learning from mistakes
HOMEPRO's avatar
HOMEPRO
Contributor 3
2 months ago

The key point is that even if you have the greatest invention or service, it won't lead to success if nobody knows about it. Visibility is crucial! You need to be recognized within your immediate vicinity before expanding beyond a 20-mile radius, unless you have substantial financial resources. Focus on becoming well-known within that 20-mile radius. Once the majority are aware of you and start recommending your services, then you can consider expanding.