👉 Wrong Expectations
Some startup and small business owners expect money to start rolling into their business account immediately with doing little or nothing.
The idea of starting a business with the wrong expectations and impatience has made many businesses to collapse within a short period of time.
This is one thing that people seem to always forget. It's okay to dream big and aim high but we have to be rational. You can't start a business today and expect the profit to start rolling in immediately. Sometimes when things don't go as you thought you would immediately it doesn't mean you should quit.
Running a business is quite hard and starting it up is even harder so you have to be ready for what comes after you start a business.
Don't look at others who are making tons of money from that particular business and feel you should be making that much money too. You have no idea how things were for them. So instead of thinking it's a get-rich-quick scheme, learn, adapt, grow, and find out ways you can develop your business.
Aside from that, make sure you provide grade-A level services or products.
Your business won't survive for very long if your product and or service is shit.
Everyone has their own dreams, and for those who dream of becoming a successful businessman, they must also be willing to undergo everything including taking risks, and there is no success or success that is not accompanied by a difficult process or even with some setbacks they experience. It's very possible and it's a journey that we have to go through. That's right, and I see a lot of people who come with high expectations of profits, can you get the profits you want? Of course you can, but I'll ask again, are you willing and ready to go through all the processes (including the difficulties) to get those big profits? I'm sure there will be many who try it first but honestly I'm not too sure they can make it to the end until it's what they expect. That's one of the differences between someone who's serious about their intentions and someone who's just hooked because they want to get something big but they're not serious about it and maybe they're not mentally ready. So in essence, if you want to run any field, especially business, then at least you must have some readiness in yourself, such as capital to move and also mentally to survive.