7 Strategies New Entrepreneurs Lack That Cause Failure…

If planning is important, execution is everything

Done! Then Came The Hard Part…

Years ago I decided to publish my research on Success Strategies. This after interviewing heads of organizations in healthcare, media, aviation, politics, education, and such industries. I was thrilled! Hurrah I had published my first non-fiction book that was professionally edited and peer-reviewed!

Then came the hard part. I was now an author, but how could I let others know that I had written something they may benefit from? Something that if the right person receives, it would help them to succeed in business and new career ventures. Not to mention that it would drive them to take the leap and make that change in their goals, aspirations and ability to manage themselves and others?

That set me on a path... to learn what I don’t know. It’s a quest that I am still on. Tons of hard work but I’m loving it! Fast forward several years later I have published other books on success and career change, personal development and motivation.

So if you find yourself thrust into the unknown and being faced with a situation that you must confront or be left behind, take the time to assess these 7 things new entrepreneurs lack that causes them to fail to succeed.

The 7 Lacks Of New Entrepreneurship

1.Lack of Vision. Do you understand how your dreams fit into the big picture?

2. Lack of Planning. Do you know where you want to go and how to get there?

3. Lack Execution. If planning is important, execution is everything.

4. Lack of Funds. No revenue.

5. Lack of Marketing. How will others know that you exist?

6. Lack of good people. Hiring the bad. The cheap. The uncommitted.

7. Lack of Resilience. Giving up too early.

Are you a New Entrepreneur? Did any of the above resonate? Any that you think should be a part of this list? Do share. We would love to hear.

Cheers!

 


Discover more from Success Strategies

Subscribe to get the latest posts sent to your email.

Unknown's avatar

Author: Dr. Shelly

Dr. Shelly Cameron is a leadership strategist, executive coach, and author of 12 nonfiction books, including The GreenLight Factor and Success Strategies of Caribbean American Leaders. She is the creator of the GreenLight Leadership Framework and founder of Global Coaching Corner. She leads the Ignite Caribbean 30 Under 30 Emerging Leaders program. Drawing on over 20 years of global HR leadership experience, she's passionate about helping professionals navigate change and design fulfilling lives through intentional goal setting and self-discovery. Her research was published in the JAABC Business Journal, and she was a featured author for the 2026 Africana Arts & Humanities Festival's 250th celebration. 🎉 A thank-you: SuccessfulLeaders.net just crossed 100,000 views! Grateful for every reader who's made this milestone possible.

Leave a comment

Discover more from Success Strategies

Subscribe now to keep reading and get access to the full archive.

Continue reading

Travel with Intent

A photographer's view of the world - words and images to inspire your travels and your dreams

Answering daily prompts

In this blog I'm attempting to answer wordpress daily prompts

Alex Tafur

Property Maintenance

Poesy Perspectives

embrace the magic

GREENLiGHT

When God Says Go

HEALTH | INSPIRATION

Health, Reflection, and Poetry for the Journey of Life

My Sister My Friend

Family. Youth. Parenting

Kamileon Photography

Your Focus. Our Lens.