MBA2416 5 Things That Cause Businesses to Fail and How to Avoid Them

The $100 MBA Show

Omar Zenhom

Entrepreneurship, Business, Careers, Marketing

4.8 • 2.2K Ratings

🗓️ 15 January 2024

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Are you curious about the reasons why some businesses flourish while others struggle to gain traction? Have you ever pondered over the critical factors that can lead a business to failure and wondered how to safeguard your own venture from such pitfalls?

This episode is a goldmine of insights and actionable advice for entrepreneurs. By drawing from his extensive experience and real-world examples, Omar sheds light on the key challenges that can hamper business growth and success. Tune in so you can gain invaluable guidance on how to navigate these obstacles and fortify your business against potential pitfalls, paving the way for sustained growth and prosperity.

Get ready to arm yourself with the essential knowledge and strategies needed to overcome common business failures and chart a path toward long-term success in the ever-evolving entrepreneurial landscape. So, if you're ready to unlock the secrets to building a resilient and thriving business, click play!

Transcript

Click on a timestamp to play from that location

0:00.0	Heyo! Welcome to the $100 M.B. A.S.
0:09.0	Heyo!
0:10.0	Welcome to the $100.
0:11.0	M. Show giving you the skills, the knowledge, the insights that help you build a better business.
0:16.0	I'm your host, your coach, your teacher Omar is at home.
0:20.0	And in today's lesson you will learn five things that cause businesses to fail and how to avoid them.
0:27.0	I've literally helped thousands and thousands of entrepreneurs build successful businesses.
0:33.2	I have also have tried to help thousands of people that have failed at it.
0:37.2	Now a failure is a part of success.
0:39.4	You have to fail it to learn so you can move forward. But if you can avoid some failures, some costly
0:44.8	failures, big failures that stop your business from growing, stop your
0:49.6	business from actually being a success, then we want to do that.
0:53.2	So I'm going to share with you the five reasons,
0:55.2	the five things that cause businesses to fail
0:58.6	that I've learned from working with other entrepreneurs
1:01.5	in the last 10 years, and as an entrepreneur myself the last 20 years.
1:05.4	But more importantly, I'm going to give you the instructions on how to avoid these mistakes.
1:11.5	Some of this is much harder than it seems and I'll explain why in
1:15.9	today's lesson so let's get into it let's get down to business. As I go through
1:20.7	these five reasons why businesses fail I want you to have an open mind.
1:25.0	I don't want you to judge. I don't want you to think about how this applies to your situation
1:29.5	right now because it may apply to you in the future. It's easier for us to dismiss and say,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Omar Zenhom, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Omar Zenhom and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.