"It's fine to celebrate success but it is more important to heed the lessons of failure." - Bill Gates
According to the American Small Business Administration (SBA) research, only half of new small businesses survive for the first five years and only one-third of new businesses are able to survive for 10 years.
Bloomberg research finding is scarier, eight out of every ten entrepreneurs fail within 18 months of startup, representing a whopping 80%.
The worst part of a failing business is that the entrepreneur might not even be aware, until it's often too late. It is therefore very critical to identify the symptoms of a failing business early enough, to save it from eventual collapse.
Do you think your business or company is too big or old to fail?
The facts in this book will shock you!
In this book, you will learn: What really is business failure?How failure is normal and a prerequisite to success in business and entrepreneurshipWhy companies eventually fail, even after so many years of existenceThe early symptoms and causes of a failing businessThe strategies to apply in checkmating business failureNo risk, no business. How to identify and manage the inherent risks facing your businessCase studies on failed companies. What went wrong?Success tips from successful entrepreneursWhen you fail in business, how do you bounce back?
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