5 STEPS TO RAISE YOUR BUSINESS TO AN EMPIRE.
FROM ZERO TO HERO ( Lessons Learnt from my Mentor Sir George Wachiuri) If there is one small business statistic that stands out from the rest, it is the fact that an estimated 96% of ventures fail within their first 10 years. Conversely, this means that just 4 out of every 100 SMEs are able to achieve genuine longevity, regardless of the precise market or industry that they operate in. This may resonate with some of you, particularly if your venture is less than 10 years old and beginning to show signs of stagnation. While the portents may not look good, however, there is still time to adapt a proactive mind-set and turn your failing business around. Of course, there are numerous factors that can cause your business to fail, from the impact of macroeconomics to the levels of real-time demand for your products or services. While some of these factors will be unique to your venture and reside outside of your control, however, there are others that are universally re...