“The defeat of fear is the beginning of success”
Bertrand Russell.
The failure of small business is a concern that worries many people who have a desire to start their own business. The fear of starting a business is normal and everyone has a fear of losing it. But the question here is that it is logical to keep the person in fear. A personality he might want to do ?
Knowing the reasons for the failure of any business contributes greatly to the ability to develp several basic strategies that avoid the business to be exposed to failure before it started. The most important strategies that must be started is to know the most common reasons for the failure of business and many of the entrepreneurs with their ignorance of the negative impact on the success of their business in order to aviod the entrepreneur
“Michelle Symonds”
Many complex and long-term business have failed to deliver on their promises and have yielded disappointing results when they end. These simple and straightforward business also include areas that can cause many kinds of problems that could eventually emerge in failure, said specialist Michelle Symonds
Michelle Symonds – 13 Jun 2011
https://www.projectsmart.co.uk/15-causes-of-project-failure.php
The most prominent problems that lead to the failure of business significantly :
1-Inactive leadrship
Leadership is the process by which a person influences others to achieve a goal and guide the organization in a way that makes them more coherent and consistent . leaders implement this process by applying their leadership traits, such as beliefs ,values ,ethics, personality, knowledge and skills, even though those senior positions as manager or supervisor or leadr , or so on, gives the person the power to accomplish certain tasks and objectives in the organization , but this power will not make him a leader, he simply makes him president, being an effective leader means to know the difference between success and failure ineffective leadership will lead to failure and feeling Pal the ineffective leaders lack the courage to help tackle difficult problems and thus bluff others rather than blame themselves. inept leaders often feel that all work has been done and they do not think it can or should be improved. In a new way of refine their leadership skills, ineffectual leaders issue misleading and unclear commands and instructions that make other team members have difficulty understanding the motive behind the orders because they are meaningless and may be contradictory to the declared goals of the team. identify an effective leader alone because that will help to provide an important point of reference that should not be done as a leader.
2-business manager who lack experience and training
Have you ever wondered why the failure to manage business ?
In PricewaterhouseCoopers we must remember that business management philosophy , not a set of tools and techniques, Manager lack the basic knowledge of business management policy, implementation of policies and procedures, taking into account the size and complexity of business management. The manager is active, not as “active response” , the active manager takes care of the problems before they occur, and plans for the future. The interactive manager handles yesterday and waits until the problems arise and then tries to take care of them, Today more and more IT organizations are in a “Reward of fire” continuous , why? Because of the “Reaction” management style. So the “interactive” manager does no go forward, but he probably has the highest level of clarity in the company.
Tim Bryce.Copyright © 2006
https://www.projectsmart.co.uk/why-does-project-management-fail.php
3-Poor Preparation
Many people when starting their own business don’t have a clear picture of what they will do and this is one of the biggest mistakes that affect the continuity of business and their success. When a person starts his own business without a clear view of what will happen to him in the future will find himself in a stream without paddle, It is important to form a clear view of the business and how it will be successful on it only, then if it does not have a clear focus since the beginning of the first phase of the process here he must stop because it will make things more difficult and requires a meeting with stakeholders To discuss their expectation The cost, time and quality of the product even if the meetimg took a long time, because it is important to know how to implement the tasks to meet the expectations of everyone.
4-Inaccurate Cost Estimations
Some business may go through at times when cost estimates are completely stopped, which occurs when all business resources are exhausted, in which case the business will be completely terminated due to the servere shortage of resources on which the business is based
JIM STEWART · OCTOBER 3, 2018
In the end, I believe that failure in any matter is not worng. Recognizing failure is the beginning of the road to success, Taking a clear future vision when implmeneting any business helps to start in a correct and clear way for thw owner. There are many aspiring entrepreneurs who may not go beyond their feet. They have a negative impact on the way the business works and its success. Therefore ,they are asked to expand the vision and the future of the ability of his business to continue and stay. In this area ,it is not necessary to work on only one plan which the.