Edmonton Business Coach | Three Reasons For Business Failure
As the Edmonton business coach we know that there are three main reasons why businesses fail the first reason that businesses fail is their inability to attract enough of the right customers.
That’s why we’ve set up a no-brainer offer for any small business who is struggling with this. You will get 30 days of business coaching and marketing help for only one dollar. To get started to simply go to the website inspiredmethod.com and enter your information on our contact form.
You can also give us a call at 780-937-2939 we will set up an initial consultation with you. Should you want to move ahead with this no-brainer offer we require that you set up time in your schedule on a weekly basis to meet with your Edmonton business coach.
The number two reason why businesses fail is they run out of cash to operate their business. The reason that they run out of cash is because they can’t get enough customers and close enough sales. There can be a lot of reasons for this, but typically marketing is the first place that we look at when were wanting to help a new business.
A lot of businesses are great technicians. They know how to do their business better than anyone else. The problem is they don’t know how to fully operate a business to be profitable. They either make a mistake and pricing their products and services, or they don’t keep an eye on their spending habits and run out of cash and have to declare bankruptcy.
Number three reason businesses fail is the inability to attract and keep enough of the right people for their company. Being in Edmonton business coach we have different methods on how to help businesses attract and keep enough of the right people.
It’s not enough to have the right people one time. You need to get the right people on the bus, the wrong people off the bus, and know where you’re steering that bus. Some of the things that we help businesses learn is through their ideal and likely buyer is. The other topics that we discuss our what is their problem, vision, mission, and values. All these questions are very important to ask, but they are often left unanswered by a lot of small businesses and startups.
Many entrepreneurs we get started in business were very good at their jobs, but just couldn’t take another day of listening to another human being tell them what to do. Michael Gerber in his book the myth revisited describes this as an entrepreneurial seizure.
They’re really good at what they do, but they have no idea how to create systems and processes further business that automates much of what they do so that they can have time freedom and financial freedom. Don’t become a statistic get in touch with inspired method market in coaching today and schedule your free initial consultation, and one month of business coaching expertise.
Edmonton business coach | you don’t have to fail
When an entrepreneur decides to get started with their small business, failure is the last thing that is on their mind. The sad fact is that most businesses fail. According to Forbes 90% of businesses will fail by year 10.
50% of small businesses fail by year five, but this doesn’t have to be the case. What you need to do is get in touch with the Edmonton business coach through inspiredmethod.com and schedule an assessment with them and see how we can help your business not become a statistic.
Your Edmonton business coach has a no-brainer offer currently available for small service-based businesses, or businesses in the medical field. If you want to see your business flourish and grow then give us one dollar it will give you one month of marketing and coaching assistance. Why do you need a coach? Why does Kobe Bryant, and Michael Jordan, and all the other professionals at the top of their game get coaches. Because they want to have that competitive edge over their competition.
A coach is somebody who knows how to get the most out of you. Coach is someone who knows how to take you to the next level and understands what processes need to happen in order to make you successful. As in Edmonton business coach this is what we help people to do.
We know what things to do in order to help businesses stay out of the failure statistic. The system is simple, but the hard part of it is being diligent. This is where a lot of companies fall off. It’s because they are unwilling to do the hard work that it takes to stay at the top of the game.
Many small business owners are too busy working in the business, and not on their business. We help you maximize your schedule so that you can have more time to do the important things that’ll keep your business running for years to come. One of the things that we help you do is set up systems and processes so that anybody can run your business with you not being there. Because the whole point of becoming a business owner was so that you didn’t have to work as hard, right?
The diligent are the ones who are successful. It is not the people who work longer hours than everybody else for years and years on end. It is the people who have figured out how to make the most of their time. I am not suggesting at all that when you’re first starting out your business that you don’t have to put in long hours. You do.
What I’m saying is that you don’t have to do it forever being diligent is one of the traits of the successful. Being persistent and doing what is necessary when it needs to be done is something that successful people have figured out and just do. Doing boring repetitive tasks over and over and over again are the ways of the uber successful.