20% of businesses fail in their first year and around 60% will go bust within their first three years. That’s a massive amount of broken dreams and a massive amount of blood sweat and tears!

If you’re considering starting a new business, it’s crucial to understand the reasons why most businesses fail. This knowledge will help you to avoid the common mistakes that result in the majority of business startups turning to dust in the first 3 years.

The reality is that there is no single magic ingredient for success. A good business idea is paramount, of course. Hard work and determination are also essential. But these things alone are unlikely to lead to business success. So if you are a startup or even a veteran in business grab brew and tune in for a listen and let The Humble Entreprenuer explain the 7 most common reasons for business failure!

About the host:

Robert Terry is “The Humble Entrepreneur.” He is an Entrepreneur, high level business mentor, and investor. He runs a group of successful business, Nationwide Ventilation, Nationwide Servicing, high level 1-2-1 business mentoring and has interests in property. He is also a ABA qualified boxing coach. And is also looking to invest in people and businesses.

Contact information:

Website: www.thehumbleentrepreneur.co.uk

Website: www.robert-terry.co.uk

Facebook: https://www.facebook.com/thebobterry

Linkedin: https://www.linkedin.com/in/robert-terry-36305023

Email: [email protected]

Website: www.robert-terry.co.uk