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22 May, 2019

3 Reasons Why Most Entrepreneurs Fail

In this video, Dan share 3 main reasons why most entrepreneurs fail. They are:

#1. Following fake gurus.
Most fake gurus are usually fly by night and cannot sustain for long. Their philosophy is getting rich but not staying rich.

#2. Doing things in the wrong order.
Instead of putting all eggs into the same basket, Dan's advice is to invest into yourself first by acquiring a skill set , then you can expand and lower the risk of getting success.

#3. Inability to turn prospects into customers.
The no.1 ability in entrepreneurship is to "close" sales. Most people don't know how to communicate and almost knows how to close.

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