TOO MUCH OR TOO LITTLE EARLY SUCCESS
The new business has to walk a very thin line between getting out of the blocks and keeping its bearings. Runaway success at the beginning can create unsustainable expectations and a false belief in the invincibility of the business concept. That means that the slow, hard work of developing winning prototypes is stunted. Businesses are then encouraged to take a series of shortcuts that invariably end in misery. On the other hand, success that takes ages to come can wither the entrepreneurial spirit. Perfectly good ideas die when their originators are systematically discouraged.
UNREALISTIC DELIVERABLES AND SCHEDULES
Although every business aims to be busy, there are times when the capacity of the company is overwhelmed by the demands from the customers. This typically happens when too much time is spent on marketing and customer acquisition whilst simultaneously ignoring the operations of the entity. Eventually you will find that the capacity that is set aside for business activities is not sufficient to meet client demands and needs. The failure to perform to expectations can disappoint clients to the extent that they move away. New businesses may try to overcompensate for lack of experience and end up with similar problems. For more information visit website #Startupbiz Global.
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