Ten Top Reasons for Business Failure

• Lack of knowledge of the business
• Lack of vision and purpose by the owners
• Lack of financial planning and review
• Overdependence upon specific individuals in the business
• Poor market segmentation and/or strategy
• Failure to establish and/or communicate company goals
• Competition and/or lack of market knowledge
• Inadequate capitalization, under funded, or poor cash flow
• Absence of a process for continuous improvement
• Owners concentrating on tactical, rather than strategic, issues

Entrepreneurial Leadership and Strategic Thinking
Resource Associates Corporation, 2007

The Value of Coaching

Did you know that according to the Associated Press, colleges are hiring personal coaches to help improve graduation rates? For many years, coaches were reserved for professional athletes and corporate executives. Personal coaches are now being offered by some colleges to help students improve their goal setting techniques and time management skills.
  
If it works for athletes, executives, and students, doesn’t it seem logical it should work for most everyone? Experts believe most of us only use between 3 and 25% of our potential. What would happen in your organization if you could tap even 5% more of that unused potential?

Click here to find out how ML3 Solutions can help you reach your organization’s potential.