15 Reasons Why Businesses Fail Flashcards

1
Q

No competitive

A

Advantage

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2
Q

No good

A

Strategy

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3
Q

Poor understanding of

A

Market needs

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4
Q

Wrong

A

Parteners

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5
Q

Lack of business

A

Acumen

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6
Q

Lack of v-

A

Vision

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7
Q

Micro-

A

Managing

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8
Q

Not hiring the

A

Right people

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9
Q

Lack of c-

A

Capital

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10
Q

Scaling too

A

Fast

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11
Q

Not adapting

A

Quick enough

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12
Q

Inability to

A

Sell

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13
Q

Trying to do too many

A

Things at once

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14
Q

Failure to use the

A

Resources at hand

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15
Q

Lack of ______ for the business

A

Passion

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16
Q

Lack of ______ or effort

A

Brains