Forum Discussion

bedellmgmt's avatar
bedellmgmt
Jobber Ambassador
5 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
ryaantuttle's avatar
ryaantuttle
Jobber Ambassador
4 months ago

It's the classic E-Myth story! Most people are not entrepreneurs. They are amazing technicians and/or managers, but should not be running their own business. That is the cold hard truth.

E-Myth (Michael Gerber)

*There is also a contractor version of the book, but I suggest reading the original version first*