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Build Your Boats Before You Need Them
A lot of folks thinking about starting a business spend all their time doing the typical start-up stuff like incorporating, finding office space, and designing business cards. All good and needed steps mind you, but don’t neglect the most important step.

Other failed businesses Related Articles

What Your Prospects Wants vs. What They Need
Learn how some businesses have failed even though they excelled at discovering what their target market needed. Avoid this classic marketing mistake and you could save yourself lots of time and money - not to mention disappointment.
Small Business Tips To Ensure Your Business Survives Christmas
In Australia many small businesses go through a very quiet period from about mid December until the end of January. It is when people go on holidays, focus on Christmas parties and generally do anything except think of work. Many small businesses close down after Christmas because they failed to adequately plan in terms of cash-flow or how to maximise the use of their time. Instead of planning and taking action, they sat and worried about lack of customers.

How To Protect Yourself If Your MLM Goes Bankrupt
Home based businesses, such as multi-level marketing, also known as MLM, is thought of as a very efficient way to make a suitable income. However, there are risks to choosing this type of business and many people have failed.
Independents 90 - Franchises 2
The failure rate of independent business continues to rise. The tougher economic times are putting even more pressure on single outlet small businesses. But, in Australia, and we believe other counties in the west, franchised businesess are not failing anywhere near the same rates. The publisised rate for franchises was a mere 2% over a five year period. Figures from the USA suggested that as many as 90% of all new food/hospitality businesses failed or changed hands because of poor profits. The reasons are many....
6 Ways To Win In the Game of Life
Most winners are built through brokenness. The greatest leaders have failed many times. Before inventing the light bulb, Thomas Edison failed a thousand times. Babe Ruth had 714 home runs and 1,330 strikeouts. Abraham Lincoln was said to have failed so many times, in business, in his love life, in politics but finally became one of the greatest President of the United States. Allow failure to be your friend.
Why is your Online Internet Business Opportunity Not working?
The following article will briefly talk about our experience with other failed businesses and hopefully makes you think of your present situation and how you can make it better. Hopefully it will open your mind to other ideas and/or paths that may be profitable and that you don't have to be part of the herd when you can own it
Best MLM companies? A True Story From an Insider
You hear it all the time - 97% of all home based businesses will fail within three months. Why is this? Can you really succeed working from home and make money from online business? Here is my story about my ten month journey with one of the best MLM companies in the industry and why I failed.

Franchising Provides a Safety Net for Entrepreneurs
If you were trying an aerial trapeze stunt for the first time, would you do it without a net and safety harness? Probably not because chances are very good that you would fall. The same holds true for business ownership. If you’ve never been your own boss, doing it alone could be difficult, scary, and full of the unknown. Statistics from the Small Business Administration show that one third of all new businesses do not survive their first two years. What is often missing from those failed businesses is a safety net – which is the very thing provided by franchising.
The Difference Between Venture Capital and Working Capital: Why Knowing the Difference Can Help Your Business Survive
It is not uncommon for business owners suffering through a cash flow crunch to determine that bringing on an equity partner or investor, such as a venture capitalist or angel investor, will solve all their problems. Unfortunately, many businesses have failed due to this kind of thinking. Specifically, these owners did not understand the difference between equity financing and working capital. Often, what these businesses really need is simply a boost in or access to more working capital.

Gain Strength by Learning How to Overcome Failure
A few years back, Disney released an animated movie called “Meet the Robinsons” that had such a deep impact and meaning. The point of the story is to celebrate each failure you have because it gives you the opportunity to try again. Most people make the mistake in thinking that, just because they failed at something, they should just move on. Or, if they failed it meant they were never meant to succeed at it. Wrong, wrong, wrong!
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