Why do many individuals give up in business.

[Axis]

A lot of people believe that business is not meant for everyone. Personally I believe that any individual can establish a business but only if he or she takes his over time to examine and also critically analyze those various factors that affects the kind of business idea he or she wants to implement or establish. If an individual goals ahead to establish a business without having full knowledge of the business itself as well as all credible factors that will affect the business growth and developments, he or she might become bored along the way and that is because of accumulating a lot of business problems and difficulties.

In order to not give up in your business you must definitely understand everything concerning the business as well as how to source for funds in times of financial difficulties and also how to regulate the business day-to-day activities.

 

[moonchild]

Well, because giving up is easy and you don't have to do anything to give up, you just say it and that's all, the most important thing you should figure out is whatever it's making you want to give up, when you figure it out you'll find out it's not a problem at all and you can fix it.

If you build a habit of giving up before you succeed it'll impede your ability to reach success, anything worthwhile out there took a lot of sacrifice to be that thing, nothing is easy, but it's simple, when you feel like giving up, listen to David Goggins.

 

[btaliat]

Business is truly difficult to handle. There are times of downs that will make many business owners want to give you on their businesses. If care is not taken, they will give up on the following instances.

If there is no sale or there is a little sale. There is a tendency that some may want to give up on their businesses. There may be frustration from not selling all or low sale.

Another issue is that there may be frustration from the inability to repay the capital or loans that may use in starting the business. All these may add up to become an issue during business.

 

[Etini]

Truth be told, many people give up in business because of unmet expectations. The vast majority of people that enter businesses did so with the mindset that immediately they start the business, they would be counting good money. They would give up because they don't know that making it in business requires that one sets a track record of going through processes and cycles of failures to be able to build a robust business. Most people give up on businesses because they think it was an easy ride which unfortunately, it isn't.