Home > Work > 17 Reasons Why Businesses Fail :Unscrew Yourself From Business Failure
141 " The moment you will stop innovating, somebody else will make your product outdated and will become the market leader. "
― Pooja Agnihotri , 17 Reasons Why Businesses Fail :Unscrew Yourself From Business Failure
142 " A discontent employee means not getting the results 100% and the loss of a company advocate as well. "
143 " Everyone starts a business with passion, but not everyone starts it with enough planning. "
144 " When we stick to our views and aren’t even willing to consider what others have to say, we lose an opportunity to grow and become better. "
145 " Sometimes they are just undifferentiated hobbies just like what many others have but we forget to see that in our entrepreneurial rush of excitement. "
146 " To make sure you don’t run out of your funds before your business starts generating a profit, you need to practice caution on how you plan to spend your limited money. "
147 " Investing in things that will give you long term growth is always a good idea. "
148 " When you’re ready to enter the battlefield of business, make sure you are armed with the two most important tools for business survival: industry experience and business knowledge. "
149 " Everything needs to work in sync and to the best of its ability for a business to prosper. "
150 " A perfect website with perfect marketing but bad financial management can fail, similarly a perfect product with a perfect website but a bad customer management strategy can fail. "
151 " Organizational structure and management style are those two factors that we always forget to analyze when the performance of our businesses goes down. "
152 " Overexpansion is counterproductive when you don’t have enough resources to sustain that. "
153 " An idea gains value when you take action to bring it to life. "
154 " If you have a great idea, let nothing stop you from bringing it to life. "
155 " You have to start treating your employees as equals and start sharing things with honesty. By doing so, it will make them feel a part of the project, but it will also make them think of new and improved ways of doing the same things. "
156 " We can never reach a stage where we can say, “I know everything, and I have nothing more left to learn. "
157 " Don’t forget that you can only sell a thing that you have proficiency in. "
158 " Establishing a business without any experience and industry knowledge is like playing basketball as a novice with Michael Jordan. "
159 " An effective customer service strategy is the one which will never stop learning more about your customers. "
160 " Don’t just modernize and digitize your business, but also yourself. "