Debts arising from the failure of a business is a common reason that someone may have to file a personal bankruptcy.

That's not surprising; you borrow money personally to invest in a business, it doesn't work out, you're left with the debt, so you file bankruptcy. I've personally done hundreds of bankruptcies that were the result of a business failure.

So what can you do to reduce the chance of business failure?

Or stated with a more positive perspective, what can you do to make your business a success?

That's the question I'll answer on today's edition of Debt Free in 30, where we'll tell you the 6 Skills You need to be successful in business.