For every success story we hear about smart entrepreneurs who have founded a lucrative lifestyle business, there are hundreds of untold stories about those who have failed. So what makes the difference between lifestyle businesses that thrive and those that crash and burn?
I don’t believe that it’s simply a matter of bad luck that many wannabe lifestyle entrepreneurs struggle to launch a successful venture on their first attempt. In fact, many people are making the same mistakes over and over again.
Each person and business is a unique case of course, but there are five common factors in particular that can contribute to the downfall of a small biz start-up. Continue reading Top Five Reasons Why Lifestyle Entrepreneurs Fail