#121: What Successful Entrepreneurship Looks Like
Manage episode 403718854 series 2982215
Many new businesses struggle to survive the first five years or end up stuck at a low level of success. This often happens because most entrepreneurs focus too much on mastering the skills in their field and overlook the crucial business side of things.
To overcome these challenges, entrepreneurs must follow a proven plan to grow their business. In this episode, Dr. Terri Levine takes the listeners through the key disparities between successful and unsuccessful entrepreneurs. Discover the root cause of business failures and gain valuable insights on how to overcome the challenge.
Additionally, Dr. Terri Levine provides a step-by-step report to help you create an action plan that will guide you toward business success. Tune in now and take the first step towards unlocking your business potential.
Watch the full episode on Youtube: https://youtu.be/Em3fjIX9pCw
Key Highlights From The Episode:
[00:34] Introduction to the show
[01:56] The difference between successful and unsuccessful entrepreneurs
[04:02] What causes most businesses to fail, and what to do if you're skilled but struggling in your business
[04:41] Get the step-by-step report designed to help you create an action plan that will guide you toward business success. Email: terri@heartrepreneur.com
Golden Nuggets:
• Highly successful business owners have excellent cash flow, continuous growth, and enjoy time freedom. [02:24]
• 90% of new businesses fail in the first five years. [02:46]
• Majority of businesses plateau at a very low level. [03:11]
• You need to be following a proven plan to grow your business. [03:50]
• You need to invest more time and resources in mastering the business side of what you do rather than just focusing on your skill. [04:12]
Let me help you grow your coaching business:
Grab this free training and see my revolutionary process in action! Join me and my Inner Circle Students for a behind-the-scenes Live Group Coaching Call: www.6figsin6months.com
If you want to join me in one of our connect and collaborate sessions. Go to https://calendly.com/heartrepreneur/mcm-live-connect-and-collaborate-session, and select a date & time!
Oh yeah, feel free to join our free Facebook community here: https://www.facebook.com/groups/1024921757544017.
Want More!?
Listen to the podcast version of this content on your favorite podcast platform: Apple Podcasts | Spotify | Stitcher | Google Podcasts
Watch all the episodes and more to gain more insight on YouTube: https://www.youtube.com/@coachterri/videos.
Please connect with me on social:
Instagram: https://www.instagram.com/mentorterri
Facebook: https://www.facebook.com/HeartrepreneurTerriLevine
LinkedIn: https://www.linkedin.com/in/terrilevine/
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