It is estimated that nearly 50% of businesses started will fail within the first 5 years. Other research has put this percentage as high as 90% for start-ups. This is frankly depressing.
So why is this number so high? Why are creative businesses closing shop at such an extreme rate?
Lack of finances, lack of customers, lack of leadership, and lack of motivation, and are a few reasons why businesses fail. However, there is one other reason that people often neglect to look at.
This reason is a lack of vision.
Not only does a lack of vision prevent most people from ever venturing out on their own, it works to put business owners out on the street. A lack of vision is a powerful force with the ability to make your life miserable.
As a business owner you cannot afford to lack vision, not if you…
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Written by ramakrishnan6002
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