How Not to Scr*w Up Your Business

All businesses have a life cycle. They are created, grow, mature and unfortunately in some cases fail and disappear.

You would have heard of the oft-quoted truth of businesses - 90% fail in the first year. And less than 1% survive beyond the life of the founder.

For the 10% of you who survived the first year, you have my congratulations. The next step really is what this posting is about - how NOT to scr*w up your business.

Many entrepreneurs have a habit of experimenting. That's good in many cases, but can also lead to highly undesirable results. If your business have survived its first year, chances are, you have done something right. It is going to survive a little longer, if you DO NOT end up scr*wing it up now.

I can't tell you how to scr*w-proof your business. But generally, leaving the good bits alone will do the trick.

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For more on how NOT to scr*w up your business, get a copy of SME Magazine February edition.