Business is hard. Make no mistake about that.
You’ve heard the statistics… around 9 out of 10 businesses fail in the first 2 years. Ouch. We hear about miracle stories from entrepreneurs, published in GoNegosyo or Entrepreneur mag. What you don’t hear about are the equally intelligent and talented people who somehow had to close down their business.
So, for the undeterred entrepreneurs out there, how do you increase the chances of making it and being published in the next issue of Entrep magazine?
Stack the deck in your favor. Tilt the odds towards you staying in business. It may involve doing some unglamorous or counter-intuitive things, but you’ll be thankful when you fail to close that deal and still have enough money left in the bank for next salary.
Here are some ways to help yourself stay in business:
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