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7 Reasons Why Most Entrepreneurs Fail in Business

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By Tito Philips, Jnr.

Why do Most Entrepreneurs Fail in Business?

Entrepreneurship is a way of life that offers unlimited possibilities to those who truly believe in it and live by it. But at the same time, entrepreneurship is a way of life that can totally alter the course of your life if misunderstood. Entrepreneurship is not something you can fake your way through; you are either doing it right or not doing it right simple. There are no ways around it.

To help you better make that choice, here are 7 Indicators of entrepreneurs who are headed for doom. As you go through the list, be sincere to yourself and tick each of the signs currently present in your entrepreneurial life. The purpose of this article is not to scare you or condemn you, but rather to alert you and help you retrace your steps back in the right direction before your entrepreneurial journey goes up in flames!

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Laziness Checklist For Entrepreneurs

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By Tito Philips, Jnr.

Are you a lazy entrepreneur?

Are you a lazy entrepreneur?

I’m absolutely sure you wouldn’t answer YES to that question yet majority of we entrepreneurs exemplify various forms of laziness in our entrepreneurial journey more times than we would like to come to terms with. So much emotional sentiments have been attached to the word ‘entrepreneurship’ or ‘entrepreneur’ top on the list is the passionate feeling of being your own BOSS. This and many more has subtly turned we entrepreneurs into some sort of “hero” in our own fantasy world of risk taking adventures. The idea of being lazy will totally seem like an insult to our entrepreneurial personality; for crying out loud, we dare what others don’t, right?

 

The truth is we entrepreneurs are more susceptible to laziness in more ways than the average person in the world. The very fact that we are on a mission to create change through whatever business we’ve chosen to venture into calls for more discipline and hard work many of us are having a hard time coping with. Consider the following quote I came up with while trying to examine this subject of laziness in my life as an entrepreneur;

 

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10 rules of business success

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What are the fundamental rules of business?

By Tito Philips, Jnr.

Jean Paul Getty (December 15, 1892 – June 6, 1976) was an American industrialist who founded the Getty Oil Company. He was named in 1957 by Fortune magazine as the richest man in America. At his death, he was worth more than $2 billion.

 

From World War II until his death Getty was considered one of the richest men in the world, in this post I share his 10 winning formulas for business success. These rules were extracted from his legendary bookHow to be Rich, I have added footnotes to each of the rules to make it more relevant to our age and time. I hope you find this as useful as I did and make a commitment to apply these rules to your business.

 

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