Michael Gerber, writer of the mega-best thespian "The E-Myth" and "The E-Myth Revisited," is one of the inhabitants I admire and appreciation and who has had a remarkable impact on me and my businesses. Although I have listened many an present time to Gerber's auditory cartridge astir the E-Myth, and have publication and reread his book, I always come away study more. In addition, I have read a catalogue by Michael Gerber entitled: "Why Most Small Businesses Fail and What You Can Do About It."
In this booklet - Gerber lists the 10 reasons why utmost businesses go wrong - and how you can bypass them. So - present they are:
1. Lack of admin systems
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2. Lack of vision, purpose, or principles
3. Lack of financial planning and review
4. Over enslavement on specialized individuals in the business
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5. Poor activity segmentation and/or strategy
6. Failure to embed and/or impart friendship goals
7. Competition or removal of bazaar knowledge
8. Inadequate capitalization
9. Absence of a standard-quality program
10. Owners engaged on the technical, rather than the strategic, practise at extremity.
After reading this index a couple times, it became patent that "strategic preparation and strategic thinking" are categorically fundamental to avoiding these reasons for damp squib. And that is the opening centering of my consulting practices, J. G. Ebersole Associates and The Renaissance Group(TM). If you would like to learn more than astir how to be better standing by to come along and push a in company and cognise how you can stay away from these ten reasons for failure, please communication Glenn Ebersole finished his website at or by email at
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