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!