Has your business been trading for less than 10 years? Want to know the common reasons why you’re statistically likely to fail?

We share 10 reasons why 7 out of 10 businesses fail within 10 years in this infographic.

Each point is also summarised below:

  • Failure to deliver real value.
  • Failure to connect with the target audience.
  • Failure to optimise conversions.
  • Failure to create an effective sales funnel.
  • Lack of authenticity and transparency.
  • Unable to compete against market leaders.
  • Inability to control expenses.
  • Lack of strategic and effective leadership.
  • Failure to build an employee “tribe.”
  • Failure to create the proper business systems.

Enjoy the infographic!