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Local Small Business Coach | Helping Local Small Business Owners have 6 Figure Incomes | handyman, cleaners, landscapers, painters, tradesman, brick and mortar, dog groomers, franchisees, pool cleaners, etc


Do You Own or Operate a Local Small Business?

Want to Earn $100,000 in Take Home Pay?

Do You Want to Earn a 6 Figure Income but you are already working 60, 70 hours a week and still struggle to grow your small business? Local Small Business Owners are some of the hardest working people I know! Busting your butt each day to serve your communities. Well, this show is for you. My mission is to help you earn an awesome income!

Each week we discuss how you can increase your profits, boost your sales, improve your processes & develop stronger teams. Each episode will provide an action tip you can take to help you level up your business and bring in more income.

Why struggle alone? I'm here to help

Oct 26, 2016

Episode 15 – The Local Small Business Coach Podcast

Today We Discuss: Are You a Victim of Your Own Success

 

In today’s episode: We discuss how your success can lead to your business’s failure.

 

Shownotes:

You always hear how 90% of small businesses are out of business within 5 years. Half don’t make it the first year. Usually when you hear these statistic people are talking about all the things folks did wrong.  People assume that the businesses were run poorly.

The reality is, there are quite a few local small businesses that actually crashed and burned due to their success!

Sounds weird and counter intuitive doesn’t it?  One normally doesn’t equate success with failure. 

Unfortunately, it is more common than you think.  You might be one of these businesses with a successful business that is about to crash and burn.

So how on earth does this even happen? Those of you in this situation want to know how to not become a statistic and those of you just starting or doing well, want to know how not to wake up and find yourself in this position at all.

Let’s take a look at 4 of the big reasons why this even happens:

Before we discuss these 4 items, what put someone in this position in the first place.

 

** For the full show notes click the link below!

 

HELPFUL LINKS

Podcast Website: LocalSmallBusinessCoach.com

Leave your Message on the website with the Speak Pipe Button or just email me at Tammy@LocalSmallBusinessCoach.com

Episode Show Notes:  Episode 15 - Local Small Business Coach Podcast

Our Training Materials for Local Small Business Owners:  TrainingforLocalSmallBusinessOwners.com

Starting a Local Small Business Website:  StartALocalSmallBusiness.com