Most Businesses Will Fail!
The reality is, 80% of businesses will FAIL in their first 5 years (most in the first year to two years), 90% of businesses will fail within their first 10 years, and it’s something like 99% of ALL businesses fail within 15 years.
How could this be?
I think that this failure is largely as a result of most entrepreneurs, founders and business owners not learning, understanding, practicing and mastering marketing.
Think about it, if you really understood marketing, you’d know if what you’ve got is something that people want and need, you’d know all the tools, platforms, distribution channels, technology etc etc to use to get your message out their, and you’d never have to worry about getting more customers and making a profit, ever! Right?
That’s how important marketing is.
The truth however is that most business owners will embark on a business thinking it’s the hottest thing since slice bread and 6 months down the track desperate to sell more product to pay the bills but doesn’t really know how.
To be honest, if you want to fail and not get the results that you want in life. If you want to not attract and connect with the type of people you want to work with… If you want to not have the types of power, control and influence that you need in life and business to succeed – well, just continue to avoid learning, understanding and implementing marketing – and that should all work out just fine.
Why You Need To Learn Marketing?
As you now know, marketing is the key to your success in business. But the real reason why we need to learn marketing, is so that we can get the money we need to succeed in our business and our lives – to be in control of our destiny.
Ultimately, if you can learn how to get your clients and customers to make decisions to buy from you instead of your competitors, and you really understand the psychology behind that, then your success in business is guaranteed. Because you’ll never be in doubt about whether your product is good enough, whether people actually want and need your product, whether you are the right person to buy it from, whether you have the right distribution method and strategy, or where the next dollar will come from.
Now more then ever, you need to understand the true psychology behind your marketing, or find someone who does. Your business depends on it!
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