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Shoemoney has a good post on why most people fail in business. He’s made a TON of money online and hosts regular Q&A for aspiring entrepreneurs who can’t seem to make it for one reason or another.

Reasons include:

• Fear
• Excuses (his #1 reason)
• Stress (small business ownership is stressful)
• Comfort (especially if you have an existing 9 to 5 job)
• The Dip (the inevitable downturn of your business)
• Motivation
• Laziness and from the comments: Wasting Time on Instant Messaging, Games, MySpace, etc.

Related posts:

1. 10 Reasons Why Young People are Afraid to Start Their Own Business
2. Want to Help Poor People? Help…
3. Business Quote of the Week: 2/19/08

This entry was posted on Tuesday, September 2nd, 2008 at 2:03 pm and is filed under Small Biz Management, Starting A Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.