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Why 99% of Businesses Fail | Keys to Success in Entrepreneurship
Manage episode 418110575 series 3499643
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Why do most businesses fail? Why is business so hard for rookie entrepreneurs? In this episode, Brendan Ecker, serial entrepreneur, author, and investor, discusses why 99% of businesses fail and never turn a profit.
Learn the most essential keys to success in business and entrepreneurship, whether it be in sales, finance, marketing, advertising, networking, lead generation, or leadership. Learn the keys to success for chasing your dreams and chasing "the good life". Learn how to reach health, wealth, love, happiness, and freedom in every aspect of your daily routine in business. Learn to win effortlessly and print money like a bank.
Be sure to subscribe to our channel and like our content for more like this. Share this content with other business owners and entrepreneurs if you got any value from it. Stay prudent, stay powerful, and stay wealthy.
TIMESTAMPS:
[00:00]: Intro
[00:30]: Business is a Vehicle of Wealth | Build an Assembly Line
[00:51]: Build a Team | Teamwork Makes The Dream Work
[03:08]: What is a Business? Think Like the 1%.
[04:10]: The American Spirit and Independence
[05:50]: Consistency, Focus, and 5 Key Elements to Success
[06:30]: Most Give Up | Persist Through The Pain
[07:20]: Sustainable Business = Good Business
[10:42]: Think With the End in Mind | Believing is Seeing
[11:23]: Skill is Everything | Be a Jack of All Trades.
[12:00]: Knowledge is Power | Know Your Strengths and Weaknesses
[13:10]: Why Contracts are Important in Business
[13:53]: Managing Family Life While Growing a Business
[14:59]: Time is Limited | Business Requires Speed
[15:36]: Chase Your Dreams | Make Money While You Sleep
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Hoofdstukken
1. Business Success and Failure Analysis (00:00:00)
2. Challenges of Being an Entrepreneur (00:10:54)
3. Why Businesses Fail and Succeed (00:15:02)
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