List of Why Entrepreneurs Fail:
1) Survival Driven (Seeking Money before Adding Value)
2) Inadequate Knowledge (Low Business IQ)
3) Lack of Focus (Jack of all Trade)
4) Fear of Failure (Risk-Averse)
5) Lack of Vision (Shortsightedness)
6) Poor Money Management (Extravagance)
7) I Can Do Well All by Myself (Insecurity)
This is applicable not just for entrepreneurs. It’s applicable to everyone who wants to achieve a goal. As they say, the first step to solving a problem is to admit that there is a problem. So if one of the items on the list hits home, then think again. What do you need to do?
Read the more detailed list here.