David Adefeso Addresses The Reasons For Which Lots Of Small Businesses Fail

David Adefeso Addresses The Reasons For Which Lots Of Small Businesses Fail
Credit: BET

David Adefeso is addressing the reasons for which some small businesses are failing in the very first year. Check out his message here.

'The overwhelming majority of small businesses fail within the first few years. Why? Lack of proper planning: Most people get into business with no idea what they are doing and why. “…after all, if you have no idea where you’re going, any road will take you there.” Here, I give you a step-by-step list of the things to do, and the steps to take, before, during, and after starting your Amal business — all of which can significantly boost your chances of growing a thriving, successful business enterprise. Click in the link in my bio for the full detailed video!' David captioned his post.

RELATED: David Adefeso Shares Some Things He Wishes His 20-Year Old Self Had Known

Someone said: 'I just began my business… These steps are most Helpful! 💚' and a commenter posted this: 'Thank you David. So many people need this information. I will share this with my son. Who's successful right now. But I want him to learn how to stay in business. Longevity is very important. With the right knowledge, skills and tools. You can thrive to make your goals to be a positive outcome.'

A follower said: 'thank you so much for your advice!'

RELATED: Tamar Braxton Blows David Adefeso's Mind Away By Doing This In Their Latest Video

David Adefeso   shared some thoughts about comfort. Check them out below.

David shared this: 'Comfort is a silent killer. Too much of it does more harm than good. We should all strive to be better than we were the day before. Don’t let the milestones/achievements get to your head. Appreciate and celebrate them but as soon as you finish, regroup and focus on how you will tackle the next ones. On another note, how are you guys spending your weekend?'

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