• The average failure rate for new businesses is 66% within 5 years of start-up.
• The failure rate is higher for businesses that are younger, smaller, and in more competitive industries.

Planning is not you come up with a dream and it's magically gonna happen, Planning is setting up goals for yourself.

Let's say your want 1000 followers, that's a dream it's not a goal, A goal is when you can reverse engineer that goal to where you can see every single step that you have to ...

In business you have to change your mindset around money, if you trade your money for something that loses value it dies. So you have to trade it on something which multiplies it's value, like your skills, the quality of your products or content etc.

Lack of planning.

Lack of funding.

Lack of market demand.

Poor management.

Competition.

And then you decide do i want put that much content out? What's the rate of success? What's the effort that i wanna put out in order to get to that goal?

And that's the main question you gonna find yourself asking. If you are not asking these questions then you are not writing real goals.

Lastly, never underestimate the amount of competition, just do simple keyword research and look at how many videos exists for that certain keyword, look at how many blogs and articles exists, competition is a lot harder than you may expect, so the question is not, how do ...

Managing money is the most important task, and learning money management can help you a lot.

Second thing is learning how to manage people, how to deal with them, and the only way to do it is just do it, you can't rely on books when it comes to dealing with emotions you gotta experience it....