Why your business may fail is episode 50 of I Hate Numbers podcast. The podcast is part of my mission to help your business improve your money mindset, get closer to your numbers, make profit, survive, and thrive.
Firstly, the motivation behind the choice of topic. My business birthday of 26 years, birthdays are a period of reflection. Secondly, I have made bad mistakes over the years, not always taken on board the advice that I share.
What are the four main reasons behind business failure?
In the words of Winston Churchill “Success is not final; failure is not fatal: it is the courage to continue that counts.”
I look at four areas as to Why Your Business May Fail, being poor with them is a common theme. For example, mindset and money invested and spent in the right way will all be relevant.
In this podcast I showcase some examples.
Listen to find out more.
Why knowing what causes business failure is important to know
Firstly, when your start your business Failure is not your objective. Secondly, knowing Why Your Business May Fail, such as cash flows helps us prevent it.
In conclusion the solutions are easier to figure out once you know the causes.
If you have topics you want explored in future episodes, then let me know. The show is there to help you improve your money mindset, make money, survive, and thrive and give you the business you want. Get in touch with us to see how we can help you with your accounting and business needs. Subscribe so you don’t miss an episode of I Hate Numbers. For more business and finance, news, advice and tips
In This Episode
- Appreciating that Business Failure happens
- Being aware that understanding is half the battle to getting solutions
- Understanding the common reasons why your business may not succeed.
- Examples of what factors contribute to business failure
- Developing your own Numbers confidence and decisions
- Take more control of your numbers to help make you money, survive and thrive