Seasoned entrepreneur and business owner Walter Hill Jr, founder of Icon Blue, shares about why most businesses fail and more importantly, what red flags to look out for and avoid! In This Episode 00:00 - Introduction 01:42 - Avoiding failure 04:56 - Greeting to Walter 11:29 - Learn from others 14:11 - Eliminating mistakes 15:40 - Encourage others 17:39 - Basic fundamentals 21:08 - Premise of red flag 22:42 - Common red flags 23:59 - Service of product 28:18 - Mistakes even at top 34:03 - Don’t overdevelop 36:09 - Value and profitability 39:22 - The What-If plan 45:14 - Relying on one account 50:17 - Long payment terms’ 56:25 - Passing on situations 59:26 - Just say “No” 1:00:16 - Mentorship 1:05:25 - Final thoughts Get all links, resources and show notes at: <a href='https://joshhall.co/142'>https://joshhall.co/142</a>

Seasoned entrepreneur and business owner Walter Hill Jr, founder of Icon Blue, shares about why most businesses fail and more importantly, what red flags to look out for and avoid! In This Episode 00:00 - Introduction 01:42 - Avoiding failure 04:56 - Greeting to Walter 11:29 - Learn from others 14:11 - Eliminating mistakes 15:40 - Encourage others 17:39 - Basic fundamentals 21:08 - Premise of red flag 22:42 - Common red flags 23:59 - Service of product 28:18 - Mistakes even at top 34:03 - Don’t overdevelop 36:09 - Value and profitability 39:22 - The What-If plan 45:14 - Relying on one account 50:17 - Long payment terms’ 56:25 - Passing on situations 59:26 - Just say “No” 1:00:16 - Mentorship 1:05:25 - Final thoughts Get all links, resources and show notes at: https://joshhall.co/142

Seasoned entrepreneur and business owner Walter Hill Jr, founder of Icon Blue, shares about why most businesses fail and more importantly, what red flags to look out for and avoid! In This Episode 00:00 - Introduction 01:42 - Avoiding failure 04:56 - Greeting to Walter 11:29 - Learn from others 14:11 - Eliminating mistakes 15:40 - Encourage others 17:39 - Basic fundamentals 21:08 - Premise of red flag 22:42 - Common red flags 23:59 - Service of product 28:18 - Mistakes even at top 34:03 - Don’t overdevelop 36:09 - Value and profitability 39:22 - The What-If plan 45:14 - Relying on one account 50:17 - Long payment terms’ 56:25 - Passing on situations 59:26 - Just say “No” 1:00:16 - Mentorship 1:05:25 - Final thoughts Get all links, resources and show notes at: <a href="https://joshhall.co/142" rel="noopener noreferrer">https://joshhall.co/142</a>

142 - Why Most Businesses Fail and What Red Flags to Look Out For with Walter Hill

The Web Design Business Podcast with host Josh Hall is here to help you build a web design business that allows you to have freedom and a lifestyle you love. As a web designer and web agency owner of over a decade, Josh knows the challenges, struggles and often painful lessons of building a web design business without any guidance, proven strategies or a mentor to help you along the way, which is why this show exists. Think of this podcast as your weekly dose of coaching, mentorship and guidance to help you build your dream web design business. All while having a good time doing it. Through interviews with seasoned web design business professionals and online entrepreneurs, solo coaching episodes with Josh and even case studies with his students, you’ll learn practical tips and strategies for web business building along with real-world advice and trends that are happening right now in the wild and wonderful world of web design. Subscribe if you’re ready to start or level up your web design business and for all show notes, links, full transcriptions for each episode, head to https://joshhall.co/podcast

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The Web Design Business Podcast with host Josh Hall is here to help you build a web design business that allows you to have freedom and a lifestyle you love. As a web designer and web agency owner of over a decade, Josh knows the challenges, struggles and often painful lessons of building a web design business without any guidance, proven strategies or a mentor to help you along the way, which is why this show exists. Think of this podcast as your weekly dose of coaching, mentorship and guidance to help you build your dream web design business. All while having a good time doing it. Through interviews with seasoned web design business professionals and online entrepreneurs, solo coaching episodes with Josh and even case studies with his students, you’ll learn practical tips and strategies for web business building along with real-world advice and trends that are happening right now in the wild and wonderful world of web design. Subscribe if you’re ready to start or level up your web design business and for all show notes, links, full transcriptions for each episode, head to https://joshhall.co/podcast

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142 - Why Most Businesses Fail and What Red Flags to Look Out For with Walter Hill

142 - Why Most Businesses Fail and What Red Flags to Look Out For with Walter Hill

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