Post
Topic
Board Economics
Re: Business failure among small-scale entrepreneurs
by
MarjorieZimmermanGinger
on 28/12/2023, 09:02:21 UTC
In business, it's not enough to just last; you need to plan ahead. The "grind" is often praised, but isn't it also about being smart? The thing is, getting ready isn't just about gathering things; it's also about having the mental strength to do so. There is a lot of competition out there. But keep in mind that competition leads to new ideas. We need to do more than just fight; we need to change the rules of the game. To do this, you need to know about customer psychology, keep up with trends, and use technology. It's a fight, and quick thinkers are the best soldiers

Problems and boredom are real. These are chances to learn, grow, and sometimes even change direction. The secret? Resilience. You have to learn how to dance in the rain as well as how to stay alive during the storm. We need to see difficulties not as problems to be solved but as opportunities to grow. And money? Yes, it's crucial, but so is creativity. Sometimes, the most innovative ideas come from not having enough means
The struggle to build a business is not an easy matter because it requires consistency and perseverance to carry out the process and this is where patience and perseverance are needed if you want to reach the stage of success. Before building a business, planning, capital and a strategy are needed to dominate the market because if we don't have these three capitals, it will be difficult for people to compete with other business people who are already quite developed. We will definitely feel boredom and fatigue and anyone who is patient will definitely get the success they want. That's why building a business is not an easy matter because there are many things that need to be considered before starting it.

We must master ideas and see potential amidst sophisticated technology because doing business today can also be utilized on available social media platforms. When we have a much better level of creativity it will be quite easy for us to dominate the business world. Social media is a good place to develop promotions because nowadays many people have their own accounts, so the accuracy of running promotions via social media might be much better now.