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10 Reasons Why Your Small Business Will Fail - and How To Avoid These Tragic Mistakes

Owning your own small business is the dream of millions around the world - but with all the hype about the fortunes being made by entrepreneurs and startups it’s important to remember that launching and growing a business is hard work. In fact, 22% of new businesses fail in the first year and a full 50% fail by year 5! Why do so many businesses fail? In this video I share 10 of the most common reasons small businesses fail and what exactly you can do to avoid those tragic mistakes. SUPPORT MY WORK ON YOUTUBE! https://www.philipvandusen.com/support WEBSITE: https://www.philipvandusen.com BRAND•MUSE NEWSLETTER: https://www.philipvandusen.com/muse BRAND DESIGN MASTERS Facebook Group   / branddesignmasters   BRAND DESIGN MASTERS Podcast https://podcast.branddesignmasters.co... BRAND STRATEGY 101 COURSE https://philipvandusen.com/bs101 CREATIVE PROFESSIONAL COACHING https://philipvandusen.com/oneonone BRAND CONSULTING https://philipvandusen.com/brand-cons... VERHAAL BRAND DESIGN on Facebook:   / verhaal-brand-design-115957185470571   TWITTER:   / philipvandusen   INSTAGRAM:   / philipvandusen   LINKEDIN:   / philipvandusen   YOUTUBE:    / philipvandusen   PINTEREST:   / philipvandusen   BEST ADOBE CC TRAINING VIDEO COURSES Bring Your Own Laptop with Daniel Scott https://byol.me/philip GET TUBEBUDDY - THE BEST TOOL FOR YOUTUBERS: https://www.tubebuddy.com/philipvandusen ____________________________________________________ This video is for entrepreneurs, designers, creative professionals and anyone interested in brand strategy, business planning, graphic design, design trend, marketing and communications. Philip VanDusen is the owner of Verhaal Brand Design, a brand strategy and design agency and the founder of Brand Design Masters, an ecosystem of mastermind groups, courses and networking communities for creative professionals and digital entrepreneurs seeking to build bullet-proof personal brands, agencies and businesses. Philip is a highly accomplished creative executive and expert in brand strategy, graphic design, marketing and creative management. Philip gives design, branding, marketing, career and business advice to creative professionals, entrepreneurs and companies on how to build successful brands for themselves or for the clients and customers they serve.