There Are Nine Reasons For Failure In Business, Do You Know?

In the vast sea of business, there are often many start-ups falling down like a meteor after a short period of glory.

Wrong partner

If you need the partner's money to start or maintain an enterprise, or the partner helps you design the idea of the business, or if he has the skills you need, ask him to join in.

Don't hire people in partnership or you need him to drum up a drum for you.

The choice of investment partners is to make sure that the source of investment is the best part of its own funds, so as to avoid the vicious circle of falling into "serial debts" because of poor management.

To select partners, we must find real experts and bring some technical and operational channels.

The distribution and loss of profits after the profits of enterprises should be fixed in the form of contracts. Once disputes occur, it is easy to deal with them by legal means.

Low standard user

People often have the idea that they should first be anxious before they can hire talented people.

This is a big mistake.

The wrong result often takes a lot of time to show itself.

Hire people must maintain high standards and be patient until you find the right person to help you start your business, and then you can let them do it.

In this way, you will get twice the result with half the effort.

Be flashy without substance

There is no need to decide which line to go and what profits to get.

Big business is not necessarily a small business, and small business is not necessarily a big business.

More investment, higher profit, but greater risk, investment filial piety is low, earn is a stable money.

Therefore, investment entrepreneurs should not be too careful.

Cheating customers

Management without chapter emphasizes "righteousness" but "profits".

In the process of investigation and analysis of entrepreneurial enterprises, we find that more than 70% entrepreneurs emphasize the loyalty of entrepreneurs rather than entrepreneurs.

Light talent training

Because the enterprises in the start-up period focus on business growth, many enterprises can only use talents, but neglect talents.

Short-sighted

It is not a fault for an enterprise to make money.

But if making money becomes your sole goal, it will lead to many problems: focusing on immediate interests and ignoring long-term investments can not improve the morale of ordinary employees and lack long-term plans.

This is like a fable, when you catch butterflies, you get more and more confused.

On the contrary, if you sit there quietly, the butterfly will fly to your shoulder.

Of course, sitting quietly in a commercial field is not acceptable.

But excessive pursuit of money will make you lose money.

Timid and overcautious

Many novice entrepreneurs are cautious and afraid to fight big battles.

But this is wrong, because the failure of a small battle may not be the same as that of a great campaign. Why not go all out and lose it? If it wins, it will be a grand slam.

Here, the only thing to measure is whether the risk is comparable to the expected return, and not to take risks for something not worth it.

But if it's worth it, don't harm uncle.

Underestimate competitors

Suspicion is a bad thing, but in business competition, it is the quality of all successful people.

Bill, Gates and Andy? Graff are the two most successful entrepreneurs and two most suspicious people.

No matter how successful their companies are, how much market share they have, how many times they have been on the cover of magazines, they are always considering the next step.

The way they manage the company seems to be crushed tomorrow.

They are always very vigilant.