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Why Most Small Businesses Fail Within 2 Years (And How to Beat the Odds)
Manage episode 480050093 series 3601692
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90% of small businesses fail within their first two years. But it's not because their product is bad or they aren't working hard enough.
Business coach Tammy Johnston reveals the real reasons behind these failures and the practical solutions that can help new businesses thrive.
With over 32 years of experience working with small business owners, Johnston breaks down the three critical areas every new entrepreneur must master:
- Time management strategies that focus on revenue-generating activities
- Consistent marketing approaches that work in both busy and slow seasons
- Systems that transform your business from a demanding job into a scalable operation
Johnston shares battle-tested advice for building sustainable success, including:
- How to plan your marketing calendar a year in advance
- Why "smart, ambitious, and lazy" is the perfect formula for systems
- The key mistakes that drain cash flow in new businesses
- Practical ways to escape the "professional plate spinner" trap
Get your free Solopreneur Self-Assessment at https://ksabusiness.ca/gift
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