The Real Reason Why Most Businesses Fail (And What to Do About It)

May 14, 2021 8 min read

Opinions expressed by Entrepreneur contributors are their own.

The Bureau of Labor Statistic published that 70% of business owners fail by their 10th year in business. What most people don’t know is the underlying reason for why this is the case. It turns out that for about 70% of our adult lives, the part of our brains that is capable of our best skills, revenue generation skills, and skills is actually turned off. 

The reason for it is this:

Volatility, uncertainty, complexity, and ambiguity

In the leadership space, these elements are commonly referred to as . Your naturally

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

This Versatile Bag is Made for All Summer Travel

From business trips to camping trips, the Rolo Roll-Up has you covered. Grow Your Business, Not Your Inbox Stay informed...

The housing market is on fire. The Fed keeps adding gasoline

Despite surging home prices that are rising at the fastest pace on record, the Federal Reserve continues to prop up the housing market by...

Whicker: To make a memory, Clippers dissolve a 2015 nightmare

What goes around comes around, even if it takes a six-year orbit, even if most of us thought there would be an NFL team...