Brian Will is a serial entrepreneur, business management consultant and best-selling author. He can be reached at www.brianwillmedia.com . getty According to the U.S. Census Bureau, 5.4 million new businesses started in 2021. That is over 450,000 new businesses every month. According to The Chamber of Commerce , around half of all businesses fail within the first five years, and only 35% of businesses will make it 10 years or more. These numbers represent a lot of time, effort and energy on the part of millions of people. If you are reading this and wondering why so many of these businesses fail, I can tell you. I find that new businesses generally do not fail for mechanical or technical reasons. And they do not fail because the owners lack specific knowledge on how to perform the needed tasks on a day-to-day basis. Company Management To use an example scenario: Joe, the plumber, decides to quit his job and start his own plumbing business. Joe knows how to be a plumber. If Joe’s new business fails, it won’t be because Joe didn’t understand plumbing. Joe will likely fail because he doesn’t know how to run the business side of Joe’s […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
