Why Most People Fail in Business

Shoemoney has a good post on why most people fail in business. He’s made a TON of money online and hosts regular Q&A for aspiring entrepreneurs who can’t seem to make it for one reason or another.

Reasons include:

  • Fear
  • Excuses (his #1 reason)
  • Stress (small business ownership is stressful)
  • Comfort (especially if you have an existing 9 to 5 job)
  • The Dip (the inevitable downturn of your business)
  • Motivation
  • Laziness and from the comments: Wasting Time on Instant Messaging, Games, MySpace, etc.

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