As the video explains, the Law of FAILURE is our human default setting.
For most of us, the very thing that drives us INTO starting or buying a business is the same thing that drives us OUT of business!
It’s that simple. Learn more here — and download the three FREE reports in this eye-opening video. (NO sign-up required.)
The #1 killer of small businesses is simple IGNORANCE!
“It’s not what you don’t know that will sink you. It’s what you don’t know you don’t know! (Unconscious Incompetence.)” — John Counsel
It manifests itself in lots of different ways, but the underlying cause is almost always ignorance. Most small businesses fail (88%-90% within the first 10 years!) because the owners simply don’t know what they need to know to run their businesses successfully. They may be the best at what they do IN their businesses, but they have almost no idea how to work ON their businesses. They’re great employees, but lousy entrepreneurs!
Instead, they “manage” by one – or all – of the three prevailing small business management philosophies:
- They do what everyone else does — the “Safety in Numbers” approach to small business management. Management by Imitation.
- They guess — the “Reverse Russian Roulette” approach to small business management. Management by Guesswork.
- They shove their heads in the sand, hoping it will all just go away — the “Ostrich” approach to small business management. Management by Wishful Thinking.
So we put this Quick Quiz together for you to see if YOU know what you need to know to survive and prosper in YOUR small business. Don’t forget… you either KNOW the right things to do (and the right reasons for doing them) or you DON’T!
There are 21 questions covering basic business realities. Try them in any order. Select — and check — your answers by clicking on the multiple-choice answer panels for each question… then record and tally your scores and evaluate your results using this safe, printable PDF score sheet.
(Click here to download your copy now.)