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3 Reasons Your Small Business is Failing

Posted By Kim England, Fast Inc. Network, Wednesday, June 14, 2017

There is no time like when an idea, opportunity, passion, and resources all unite at once in the formation of a new business. The passion drives you to spend endless amounts of time chasing after your goals. You feel like you have these wonderful ideas that are finally taking shape. So what exactly was it that drained the life from your small business?

Isolation. Self doubt. Invisibility.

1. Isolation:

You have spent so much time under the surface level of these goals that you no longer remember the resources you have above water. This is how isolation works. A talented business owner is cast away into a creativity-killing abyss.  We seem to have this insane notion that successful people are completely independent.  This idea could not be further from the truth. Isolation avoidance is an integral part of a successful business. If you want to achieve your goals you need to rub elbows with those who know how it is done. Ideas take flight when exposed to the minds of entrepreneurs who know what they are talking about. We all want success. Why not help each other get there?

2. Self Doubt:

Ever wonder why great athletes talk so highly (dare I say, arrogantly?) of themselves? They know that to ACTUALLY be the best, they have to believe they ARE the best. This same concept works in the business world. When the newness of a small business fades, business owners can be left with a feeling of doubt and anxiety for the future of the company. This just might be the most dangerous position for a small business. You have to KNOW that you are a great business owner, that your ideas are good, and that you have what it takes to lead your business to success.

3. Invisibility:

Think you can lead a successful business without a strong social media presence?

THINK AGAIN.

We live in a media driven culture. People ask Facebook which dentist they should go to, how many eggs go in that highly-talked about recipe, and who to do business with. This reliance on social media opens a world of free advertising for small business owners, but you have to know how to work it. Which hashtags attract your target audience on Instagram and Twitter? What time of day do most people engage with others on social media? These are the types of questions you should be asking yourself. Make 2017 the year of your small business’ social media revival.  Isolation, Self-doubt, and Invisibility can be difficult obstacles to tackle on your own.

Take the first step out of isolation and sign up today for our Fast Inc. Network Founder’s Circle, September 22 & 23! For more information visit www.fastincnetwork.com

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Tags:  arizona small business  ASBA  business  business owner  entrepreneur  small biz  small business 

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