Business Fail 4th January 2013 1:17 PM
I'm guessing you meant business fail...
I reckon most of it is down to lack of planning. The original business plan (if you even had one) may be worthless but it's a good tool and helps you learn. Continual planning, looking at your marketing strategy, learning what works and doesn't work.
Or having enough capital behind you for you to survive and learn from all your early mistakes and failed strategy
In the military we had a great saying, "all the P's"
Proper Planning Prevents P*** Poor Performance
Guess you could carry this over to business
I reckon most of it is down to lack of planning. The original business plan (if you even had one) may be worthless but it's a good tool and helps you learn. Continual planning, looking at your marketing strategy, learning what works and doesn't work.
Or having enough capital behind you for you to survive and learn from all your early mistakes and failed strategy
In the military we had a great saying, "all the P's"
Proper Planning Prevents P*** Poor Performance
Guess you could carry this over to business