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Learn how to invest in real estate with the Cashflow 2.0 System! Your business in a box with 1:1 coaching, motivated seller leads, & softwares. https://www.wealthyinvestor.com/ Join our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://www.wealthykingdom.com/ If you want to level up, text me at 725-527-7783! --- Every entrepreneur hits rough patches, so what do you do when your business is failing? In this episode, I break down the exact steps to stop the bleeding and get back on track. We’re talking about cutting unnecessary expenses, renegotiating debts, and, most importantly, selling your way out of the problem. But here’s the thing, most businesses don’t fail because the idea is bad. They fail because the owner didn’t adapt fast enough. Maybe you’re spreading yourself too thin across multiple marketing channels. Maybe you’re not making enough offers, or you’re selling the wrong thing to the wrong people. The good news? You can fix that. I’ll walk you through how to reposition your business, focus on what’s actually working, and create new offers that your customers can’t ignore. And if things still aren’t clicking, we’ll talk about when it’s time to pivot, or even shut things down entirely. Because sometimes, closing one door is the best way to open a better one. --- CHAPTERS: 00:00 - How to Turn Around a Failing Business 00:22 - Understanding Business Failure 02:35 - Cut Unnecessary Expenses 06:28 - Renegotiate Business Debts 12:05 - Sell to Existing Customers 18:49 - Create a New Offer 18:57 - Strategies to Get More Customers 20:08 - Focus on a Single Marketing Channel 22:50 - Keep it Lean and Rinse and Repeat 24:44 - What to Do If You Can’t Sell 26:48 - When to Consider Stopping a Business 27:54 - Permission to Fail 29:36 - It's Okay to Shut Down a Business 31:20 - Save Your Business Before It's Too Late 33:10 - Thanks for Watching