Some business owners are too involved in day-to-day operations of their business and this means that they don’t spend enough time trying to grow the business. Read our infographic to learn how you can avoid falling into this trap.
Why Do Businesses Fail?
66% of businesses make it to the 2-year mark and just 30% of businesses make it to the 10-year mark. One of the main reasons for this is because very few business owners spend the required 20% of time working on their business and this contributes to businesses failing. Ideally, one to two hours every day needs to be spent looking at ways to move the business forward.