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Business Failures | Why do most businesses fail today?

     Well there’s the lure of easy money for many people to get rich quickly almost overnight and guess what that’s not going to happen unless you make lots of mistakes, lose lots of money, get mentored professionally or invest lots of money. Why, because people are looking for a quick solution to selling goods and services online and becoming an instant success or even a millionaire, almost with no effort or over night. Well guess what it’s not going to happen unless you pay your dues, roll up your sleeves and do put some time and effort into it and here’s why. Successful marketing has become harder and more competitive in the last couple of months never mind couple of years.

     Effective marketing methods change almost without notice and we don’t have control over that. So, you must constantly be on the look out for what’s actually working for businesses online. Theirs lots of outdated or misleading information online. They’re deceiving companies, firms and people trying to prey on anybody and trying to get your hard earned money with hardly doing any work themselves. They can do this by selling you junk products that are suppose to teach you how to market online, but it’s stuff that’s often useless. Their are spammers and black hat marketers out their that are almost trying to do anything to push sometimes annoying products on anybody and everyone. Remember back in the day when your email in-box was getting flooded by unwanted advertisement offers from unscrupulous marketers pushing pills, potions, and get rich programs etc. the list goes on and on Viagra offers, stop smoking, lose weight, Cialis, teeth whiteners, SEX….. bla, bla , bla. Stop the nonsense we were being preyed upon by marketers trying to push products and services on us. Their goal was to daily hit hundreds to thousands of peoples in-boxes in order to reach and find new customers to buy their products and services, so they could get commissions. The more people they could send emails to , well the better their chances of making sales. They abused and invaded our privacy. Until their were too many complaints against this form of unscrupulous advertising known as email spam. These individuals were given the title of spammers. We hated and often ignored their outright disregard for individual privacy online. This marketing tactic later became unlawful after so much abuse online. Well don’t employ this kind of tactic into your marketing because you will either be reported or possibly get your email account disabled, closed, IP address banned or worse possibly even fined. Get the point, someone out their will always try to pull a fast one on people.

List of common reasons business fail today…

  1. lack of knowledge
  2. not knowing where to start
  3. not getting started
  4. lack of training
  5. uncertain
  6. no guidance
  7. willing to do it on own trial and error DIY (Do it yourself)
  8. investing time and money in the wrong places
  9. not applying self into business, taking a casual approach like a hobby
  10. no plan
  11. no goals
  12. not networked
  13. no desk space or good work area
  14. no log, records, journal
  15. not saving data, vulnerable to loss of hard work
  16. PC connection issues, security, viruses, slow, spy ware
  17. flexibility don’t have PC or laptop and can’t get access to make changes to website, or perform marketing tasks
  18. website is not professional looking, seems to have just been put together overnight
  19. wrong markets
  20. information overload
  21. lost
  22. confused
  23. don’t care attitude
  24. listening to discouraging folks
  25. thinking that you can buy a single push button software and it will send you customers instantly
  26. too many distractions
  27. no effort
  28. not marketing
  29. annoying your list of friends
  30. trying to sell everything to everyone
  31. no systems in place
  32. not using software tools
  33. not outsourcing
  34. not manging projects well
  35. not committed
  36. just learning, not doing
  37. not easily findable online
  38. website not indexed
  39. not listed in important web directories
  40. making excuses
  41. not caring
  42. ignoring sites
  43. ignoring customers
  44. not communicating with people that either train you or can help you out
  45. Quitting too soon, without proper effort!
  46. ineffective marketing
  47. losing money, operating in the red
  48. disillusioned, disheartened
  49. no resources
  50. lack of consistency
  51. lack of focus
  52. spamming
  53. using short term marketing tactics to make quick money and jeopardize getting your site, email address, IP address banned, de-indexed, accounts closed, listed as a trouble maker
  54. not building fresh unique content
  55. not driving visitors
  56. market is too competitive
  57. no backlinks – other sites placing or listing your website urls (universal resource locator) on their site, this is your web address
  58. not taking advantage of SEO search engine optimization
  59. no metrics, no measurements, no tracking devices in place, not monitoring web stats and performance
  60. static website – just sits this in the bottom of the ocean of the World Wide Web
  61. distracted – Keep jumping around from trainers, new training system, latest software
  62. not applying fundamental marketing principles
  63. disregarding off line marketing strategies that are time tested and work
  64. not diversifying traffic strategies
  65. not improving sites
  66. sites are not easy to read, not proof read, mis-spells, grammar errors, doesn’t  make sense
  67. graphics are irrelevant to your products and services
  68. too many advertising links, banners, advertising is plastered all over the place
  69. mindset – thinking that online riches comes easy, almost without doing anything GOOD LUCK
  70. No business experience

This isn’t a final list, but it drives the point across! Most folks out there are bound for failure in their business and don’t know it.

Tags: business failures, business introduction

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