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Entrepreneurs Are Unique
We have all seen it, the Mark Zuckerberg’s of the world, non-conformists or those who go against the mainstream because they believe in an all encompassing idea that everyone can benefit from…if they can just create it. As is often the case, these entrepreneurs birth their idea forward and great things happen.
Success and Failure
Lets be clear, those are the success stories. What happens when the idea starts out quickly and falters, or when the idea never takes off for the entrepreneur? Let me share with you my top 5 things that can derail an entrepreneur’s dream and how to avoid them at all costs.[bctt tweet=”We all have thoughts, aspirations and dreams of doing or becoming something in this lifetime.” username=”JasonCarthen”]
Top 5 Reasons Entrepreneurs Fail
Failure Proof Your Entrepreneurial Venture
- Have a plan, and execute that plan fully while paying attention to warning signs during execution.
- Create compelling interest in your idea or business, while committing to advertising that idea consistently and often.
- Gain champions or those who believe in you or your idea.
- Leverage a relationship with a mentor when unforeseen challenges arise or if you venture into uncharted territory, etc.
Plan to End Well
Finally, moderate stress through balanced activities and delegation from the very beginning. As the enterprise grows and the demands increase, your organizational capacity and ability to scale will be determined by your actions from the beginning, so execute accordingly.