Entrepreneurship: Reasons a new business can fail


The fundamental mistake made by budding entrepreneurs is to assume that a talent or good idea automatically guarantees business success. Translating the basic concept for a new business into a reality means applying some essential principles to the business idea. No matter how wonderful the idea might be it will likely fail if there is no definite structure to bridge the gap between the product and a customer making a purchase.

http://www.helium.com/items/1869326-succeed-as-an-entrepreneur

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