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Fatal business mistakes to avoid in 2024
Manage episode 401110635 series 3474768
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This week we talk about how a local business closed and the obvious and fatal mistake they made that likely led to this closure.
Takeaways:
- Effective communication and engagement with the community are crucial for the success of a business.
- Overcoming the fear of rejection is essential for business owners to reach out and ask for support.
- Sales should be seen as an art of persuasion and an opportunity to share your story and mission.
- Supporting local businesses is important for the community and can have a positive impact on the economy. Listen to sales calls and hear out the person on the other end before making a decision.
- Closing a business can be a positive outcome if it is not a good fit or if there are extenuating circumstances.
- Recognize that life circumstances may lead to the decision to close a business, and it is important to honor those situations.
- Closing a business can open up new paths and opportunities for individuals.
- Supporting other businesses in the community is crucial, even if they may not explicitly ask for help.
Head over to iwannacollaborate.com and let us know what you took away from this conversation.
Music credit: The Funkster by Sweet Spot
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