Failure

Society

How Natural Disasters Are Affecting Businesses

Climate change is affecting all areas of life, including businesses. Natural disasters are becoming a common occurrence within the United States and are projected to rise. Hurricanes, tornadoes, earthquakes, mudslides – these can cause any business to suffer physically and economically. Here are a few

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How Pier 1 Imports Sank

In its heyday, Pier 1 Imports had 18,000 employees and over 1,000 stores worldwide, bringing us the most eclectic and quirky array of home furnishing design and décor products—from love beads, exotic rattan chairs, to other treasured goods. For over 5 decades, Pier 1 took

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Kodak: A Missed Moment

Kodak dominated the consumer photography market for over a century and their downfall seems to be obvious in their inability to adapt to the digital age. But when you look closer at the company’s history, you’ll come to see that ironically what made them so

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5 Positive Ways How To Deal With Failure As An Entrepreneur

An estimated 90% of new startups fail. As an entrepreneur, this probably doesn’t sound like a motivating statistic. But what causes startups to fail? At what point in the business cycle does this happen? How can you prevent it from being a complete failure and

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6 Reasons Your Business Plan Failed

Ten year, five year, three year, one year, or six month plans simply just don’t work out sometimes…That’s a lie. They don’t work out the majority of the time, especially the way you thought it was going to play out. But planning it made you

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Knowing When It’s Time To Quit A Business Venture

I was asked to write about this but, honestly, I’m probably the worst person to ask this question to. Personally, I don’t know when to quit. I just keep pushing and pushing. As I’ve gotten wiser, I’d like to think I’ve learned a bit about

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3 Common Reasons Startups Fail & How To Fix Them

Evolution Accelerator, an entrepreneurship program based in Sacramento, helps entrepreneurs avoid the common mistakes that cause most startups to fail. The Evolution team has seen hundreds of new startups at every stage of development, all the way from idea to investment. Here is a list

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6 Critical Mistakes Entrepreneurs Make

The path of entrepreneurship is one abundant with adversity and requires a resilient character to overcome the setbacks. Mistakes in entrepreneurship can be financially damaging, discourage enthusiasm, and impede progress, all of which can be detrimental to the overall success of the entrepreneur. Entrepreneurship is