After the management consultant for over 20 years, I've seen, (apparently) any business idea, under-funded start-up operation (including some by me) in the sun. And probably 80 percent of them failed. Basically, the reasons are always the same ... an overestimation of the market and the sale and the underestimation of costs. The main reason for the failure of the other is that people simply do not know to take the business to the right decisions. Spent much timereinvent the wheel, the spokes of the place, largely on speculation and wishful thinking. Simply lack the knowledge bases handle to the workload required to create the company and broke under the blows of the information to deal effectively with business creation, management, marketing, sales, technology implementation, accounting, legal, personnel, taxes, etc. In short, it is still too much information for a beginnerto digest on the one hand, while all the plates spinning, daily work with your other hand. People have so many plates rotates in the air at one of the top time. And the plates are crashing onto the ground, one at a time ... until it completely failed.
I saw the life savings of the people in the Recycle Bin on the theme of "guarantee". A story I is my client on mobile "Wicker" start-ups that I know of Toledo,Ohio (I was not hired as a consultant). This particular person has money in a one-year lease spent on a main shopping center, renovated facilities, information technology implemented in order to buy the place in the sales process for the automatic updating of the inventory accounting systems, new telephone number, etc., manage almost $ 30,000.00 in wicker furniture, gave money for a capital increase (in thousands of U.S. dollars) and fancy furniture for the office. He was the master. TheMasterCard to buy things. One thing that entrepreneurs are usually good for everything you need to know to buy their new businesses. He suspended his "inauguration" signs and ... Well ... is where the fun begins ...
I told a colleague of mine at the time when the company failed within a year. I was wrong. It took 90 days. This man had no traffic in his shop. I am not sure if the real numbers, but with intelligence fell overof € 100,000.00 for the project. 90 days after it closed, not because selling the furniture. The decor was ok, was not the problem. Took the money from the advertisements clearly. He estimated that sales on the basis of walking the road I suppose. The story is a classic because it is so good, what with people throughout the country every day. Disappeared blown savings in the air, destroyed marriages, the relationship (and ratings)destroyed. All this because they thought "that had an idea" for you "... a decision about a pious wish, hope, imagination and illusions. You can output to ways in which $ 100,000.00 would have been better?" Perhaps she has the books bought for the company, went to school, maybe visit the local library instead? It is a true story.
I watched the news the other night, and Jim Baker, former secretary of state under Ronald Reagan, was the promotion of itsnew book ... and in the book, he quotes his grandfather's favorite word for the success of the P 5: PP revents Repair Roper poor performance.
I thought I had a series of articles about the importance of gathering information on business practices before starting a business, how to write a business plan, how to write raise money for a business, how you get to advertise for free,, etc. And hearing these 5 P’s got me to thinking… How many people considering going into business will actually take the time to learn before they spend money on a stupid business investment? How many people are smart enough to understand they don’t understand? To know what they don’t know and be wise enough to know there are some things they don’t know they don’t know? (That was not a typo).
If you are an entrepreneur with limited experience, you may We want to keep looking at my items in the coming days. I agree with some of the things I learned over the years, and you may be some information that will help to avoid mistakes take ... Avoidance may be a little "heart ache.
To your success!
Copyright © 2006 James W. Hart, IV All Rights Reserved
ไม่มีความคิดเห็น:
แสดงความคิดเห็น