Daniel Rosen breaks down five categories of mistakes that kill businesses: product/service, market, business plan, money, and leadership. He argues that understanding why businesses fail matters more than knowing when. Listen to the full episode for details on each.
Hey, what's happening, credit heroes? I am going live right now, so join me on this live. Join me on this live. Did you have a good weekend? I hope you did. I didn't have a weekend. I was. I was actually here working all weekend. It was just that kind of week. Sometimes that happens. But I hope that you took some time off because. Because that's really, really important. Anyways, thank you for hopping on this live with me. I'm joining you, of course, from our credit repair cloud offices here in sunny. It is sunny today. Sunny Venice Beach, California. If you are here with me right now live, do me a favor, drop me a hashtag live. Or if you're watching the replay later on, drop a hashtag replay. Then I can come back and see who was here. Okay? Thank you for doing that. So let's be real. Starting a business is never easy. We've all heard those discouraging stats about how many companies fail over time. And According to the SBA, the Small Business Administration, 20% of all businesses fail in their first year, and 50% fail within five years, and 33% last 10 years or more. But these statistics, they miss the whole point. When they failed isn't as important as why they failed. And I say this because no matter when a business fails, they always fail for the very same reasons. So the best thing that you can do to minimize the risk of failure is, is to study, prepare, and know that you are going to make mistakes. Making mistakes is good as long as you learn from those mistakes. I've made a million mistakes in growing crc, and that's how you grow. Anyways, in this week's podcast episode of Credit Repair Business Secrets, I'm going to go over the most common mistakes that kill businesses. And I break them down into five categories. The product or service, the market, the business plan, the money, and the leadership. Now, I got to tell you, not having a boss is awesome. Owning your own business is awesome. And when you take just a little time to learn the most common mistakes that cause businesses to fail, then you've got the greatest possible chance to succeed and to thrive. So tune into the full episode and learn the five mistakes that kill businesses. And learn how you can prevent your business from being one of them. Okay, you got to check out this episode. Anyways, if you're watching this, if you're watching me right now in our Facebook community, my team are going to drop the link so. So that you can go and listen right away. And if you're watching on YouTube, the link is going to be over here in the show description. If you're watching me on Instagram right now, check out the link in our bio to have a listen. And if you're not already, be sure to subscribe and turn on notifications so you don't miss any of the secrets that I share each week on the Credit Repair Business Secrets podcast. Okay? And if you want me to mentor you as I hold you by the hand and help you to launch your very own profitable credit repair business, go to creditherochallenge.com and sign up. Today in the challenge. You will have live training, you'll have mentorship, you'll have a whole lot of fun and you'll get certified in disputing. So what are you waiting for? The challenge is amazing. So. So again, that link is creditherochallenge.com okay? Have a great day and check out that new episode. Okay? And I'll see you again next week right here live for another podcast Tuesday.
