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Why most online business fail?

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A recent studies conducted by webfx has shown that over 70% of newly established online businesses fail within the first 4-6 months.

Why is the rate so high?
Maybe because they copy other companies' ideas and don't have any innovations or maybe because they give up very early and they don't have patience.
 
I significantly agree with you, lack of proper planning would definitely contribute to the failure of a business.

In addition to that , lack of persistence too.
Yeah, if you don't have idea on how to plan you are definitely wasting your time, just like the popular saying, if you failed to plan you have planned to fail.
 
Yeah, if you don't have idea on how to plan you are definitely wasting your time, just like the popular saying, if you failed to plan you have planned to fail.
You are right, the failures are greatly attributed to lack of proper planning and sometimes lack of actually executing the plans in order to make it into fruition. This is important.
 
I believe the only good reason is because they don't plan, if you are not good at planning you'll definitely fail, just like the saying if you are not planing you are planning to fail.
 
You are right, the failures are greatly attributed to lack of proper planning and sometimes lack of actually executing the plans in order to make it into fruition. This is important.
That's why before you can start up anything you need to have a good plans, of you are good at planning you'll get the good results you want, I believe this will very much help.
 
That's why before you can start up anything you need to have a good plans, of you are good at planning you'll get the good results you want, I believe this will very much help.
You are right, without having a clear destination in mind every way would be a way and one would most likely land into a wrong place . That is why it is important to plan ahead.
 
That's why before you can start up anything you need to have a good plans, of you are good at planning you'll get the good results you want, I believe this will very much help.
This is the common reasons of failure in businesses, alot have a little knowledge on how to conduct business, but only few actually commit themselves to learning.
That's why only few are successful.
 
This is the common reasons of failure in businesses, alot have a little knowledge on how to conduct business, but only few actually commit themselves to learning.
That's why only few are successful.
That's absolutely true, if you among those kinds of people you'll definitely lose a lot of money, chasing knowledge is very important than any other thing.
 
That's why before you can start up anything you need to have a good plans, of you are good at planning you'll get the good results you want, I believe this will very much help.
If you are good at planning im very sure you can earn a considerable amount of money, those who have good plans ended up having the best results, if you want to succeed you need plans.
 
That's absolutely true, if you among those kinds of people you'll definitely lose a lot of money, chasing knowledge is very important than any other thing.
Money follows value, you can't be ignorant of the necessities of business success and tell me that you want your business to flourish, what you know and apply largely affects the money that flows in.
 
If you are good at planning im very sure you can earn a considerable amount of money, those who have good plans ended up having the best results, if you want to succeed you need plans.
Planning is very important, most successful individual do plan, if you know how to plan you can actually earn a considerable amount of money in trading.
 
I believe the reason is that many people start businesses without having enough plans.
They start an internet business simply because it's popular, without thinking about how they'll handle follow-up tasks after it's up and running.
 
Planning is very important, most successful individual do plan, if you know how to plan you can actually earn a considerable amount of money in trading.
If you don't like the idea of planing then you don't know what you are doing, if you want to succeed you definitely need to have a plan, plans are very important not only on trading.
 
If you don't like the idea of planing then you don't know what you are doing, if you want to succeed you definitely need to have a plan, plans are very important not only on trading.
Just like you use to say, if you failed to plan you have plan to fail, if you want success you are expected to have a good plans for it, you also need to have a good skills.
 
Just like you use to say, if you failed to plan you have plan to fail, if you want success you are expected to have a good plans for it, you also need to have a good skills.
That's exactly the point, we don't get success any how, we work hard in other to get it, you are not expected to seat down doing nothing and expect a good results.
 
That's exactly the point, we don't get success any how, we work hard in other to get it, you are not expected to seat down doing nothing and expect a good results.
That's true, if you don't take good actions there's no way you can get good results, going after something that will help you is very important, that's how successful individual do.
 
There are lots of things that can make a business especially an online business to fail,not doing proper baground check and market survay about the business he wants to go into,not having the capacity to handle business operations and proceses.
 
Failing to make the neccesary research on how to start an online business and how it works is the main reason why most online business fails , so we need to have the skill to do the business ,
 
There are lots of things that can make a business especially an online business to fail,not doing proper baground check and market survay about the business he wants to go into,not having the capacity to handle business operations and proceses.

There are many different reasons that could lead to failure of business and not being able to invest a great amount of capital is also one of them as you may need a lots of capital to sustain a business.
 
There are many different reasons that could lead to failure of business and not being able to invest a great amount of capital is also one of them as you may need a lots of capital to sustain a business.
Capital though very basic is one of the livewire of any business,another thing that makes business to fail is the inability of a business owner to handle the issue of finance very well.
 

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