Why is it that ony 20/100 of business succeed ?
The more u invest the harder u crush and fall …
- Kiosk mentality. Vile Bob Collymore alisema you start a business juu ulisikia the profits ziko poa. Unapata many same business at the same place sharing the same market and customers
- Una ingia biz bila kujua the basic dynamics. Most people don’t research shiit about the investment they are doing. Juu uko na capital doesn’t mean the biz will work
- Hiring some one hata kama ni relative to run a business. Kama hauko hapo, utakuliwa Capital yako bila huruma bila lube. My advice trust bibi pekee, juu anajua shida za nyumba yako ni ngumu aibe capital
- Never start with a loan. Use the loan to boost the biz. Utalipa fixed expenses za business kama rent, salaries, tokens then uongeze loan. Utakonda bro
- Finally, Vile wahenga walisema if you want something to be done right, do it yourself. Do it yourself until you need help
Most times hata bibi usiweke hapo , I have seen businesses fail because the owners vision and the wife’s are totally different , ama pia analeta umama kwa biashara thinking staff are her slaves, one in particular I have in mind had opened a small "super"market , the wife was there nagging him wafunge for christmas , this would have been the busiest time , bitch just wanted to relax at home, the biz didn’t last long . Mwingine kwa whole sale thought every female employee was after the husband . Biashara inafaa ww tuu ukuwe hapo with employess who u don’t have any blood ties with and u can get rid off without losing sleep !
Unaweza follow hii yote plus whole syllabus ya 844 to MBA and the biz still fails.
Huwezi fanya bizness pekee yako, unless you don’t look at the bigger picture. Empower people to work for you. I cannot be running several businesses na ati najistress kuzunguka kila siku.
Kwa hiyo mambo ya employees muwache kuweka kama kikwazo. Do proper governance.
In short businessmen is a gift , hereditary
There are many reasons why they fail… But unless you carry out scientific research, you cannot generalize, there are some basic common reasons but there are also some unique scenarios on each failed venture… You need to narrow down to one, then get all the information that you can and then share your findings… For example Nakumatt… Do we have all the information about them ama ours is to speculate? My speculation is that the owners closed it down due to their own reasons… And not because of what you think…
Scientific research ya nini tena mkuu?
You cannot have an explanation of all business failures by assumption… It needs to be founded by unbiased facts… So in short unless we narrow down to a business and present all facts, this question will only generate speculative solutions to a theoretical company…
Ni nini scientific hapo elder?
Make Google your friend… This is 2021…
You are still not getting the point. Wachana na Google
Correct me if I am wrong…
mabibi wanapeleka doo kwao
You are the kind of guy where the glass is half empty than see it half full
Vile nimesema Refer to rule no.5. Lakini bibi amepitia shida za nyumba yako will do anything asiwahi pitia hizo shida
Hii ted talk yako siwezi lipa zaidi ya 150