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Reasons Why Many Online Businesses Fail
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[QUOTE="Kingsley, post: 220633, member: 30278"] One of the reasons associated with this type of issue is the problem of having too much expectation or setting up unrealistic target. The problem i see with people setting up business these days both online and offline is the quick expectation of returns and when things are not working the way they expect than they will begin to feel discouraged and the next thing that will happen to them is that they will start feeling a need to back down from the business. One thing we all must realise is that it is not easy generally. Life is all a gradual process, we shouldnt expect things to start working immediately we start working on it. I have seen people who have been consistent with their business and they stood their grounds even when times are hard and today they are seriously reaping the dividends. I remember the first year I planted cassava and maize. In fact that year was very terrible I suffered terrible loses, the market was not favourable then and the maize did not sell very well in the market due to the large scale importation that year. I still persevered then 3years later after that year I make a huge profit. It also happend too with my trades in crypto currency. [/QUOTE]
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