Spring 2022: Session 217 (History Notes: Why Businesses Fail with Eve Hudson, Ph.D.)

Most neighborhoods have that one store that changes into a new business every six months. It was once a barbershop, then it was a pizza joint, then soon after it became a grocery store. These small businesses were launched and shut down almost before anyone took notice of them. And it breaks my heart. According to the Small Business Administration, 8 out of 10 new businesses fail within the first 12 months. That's a whopping 80%. But why? What can we learn from the tremendous amount of failure in the entrepreneurship world to apply to our business ambitions? From a broad perspective, the primary reason businesses fail is they simply run out of cash. However, the cracks in the foundation start well before lights out. Check out the full session notes: www.evingerleanworldwide.com/217. Join the movement: www.evingerleanworldwide.com/movement/

Hosted on Acast. See acast.com/privacy for more information.

More from The First-Gen Lounge

  1. 28:45Fall 2023: Session 280 (Winning and Grieving with Evingerlean D. Blakney, Ph.D.)Dec 31, 2023
  2. 33:44Summer 2023: Session 279 (When It's Time to Pivot with Dr. T'Airra Belcher)Jul 28, 2023
  3. 13:10Summer 2023: Session 277 (Stop Ignoring the Signs with Evingerlean D. Blakney, Ph.D.)Jul 14, 2023
  4. 21:05Summer 2023: Session 276 (History Notes: How to Accept Change with Evingerlean D. Blakney, Ph.D.)Jul 07, 2023
  5. 20:04Summer 2023: Session 275 (History Notes: STOP Sitting On Your Dreams with Evingerlean D. Blakney, Ph.D.)Jun 30, 2023
  6. 05:20Summer 2023: Session 274 (Don't Wait To Be Enough with Evingerlean D. Blakney, Ph.D.)Jun 23, 2023
  7. 04:12Summer 2023: Session 273 (Your Life Matters with Evingerlean D. Blakney, Ph.D.)Jun 16, 2023
  8. 17:37Summer 2023: Session 271 (Can You Handle It? with Evingerlean D. Blakney, Ph.D.)Jun 02, 2023
  9. 24:16Summer 2023: Session 269 (History Notes: Acknowledging Your Truth with Evingerlean D. Blakney, Ph.D.)May 19, 2023
  10. 06:54Summer 2023: Session 268 (Tell Folks What You Feel with Evingerlean D. Blakney, Ph.D.)May 12, 2023