Your Money, Your Business, Your Life

Statistics show that 8 out of every 10 new businesses fail within the first 18 months, but no one ever talks about why so many new businesses fail so soon after they launch. To have a successful, thriving, sustainable business, you need more than just passion and talent. I’ve talked a lot about the power of association – the power of your network. What many new business owners do not realize is that as your business grows and evolves, so should your network and those you associate with. Beyond your passion, talent, and network, though, your personal plan for your business can often be the determining factor of whether your company grows successfully – or becomes another statistic. On this week’s episode of the Your Money, Your Business, Your Life podcast, I want to share with you some of the critical components that you should be considering when planning your business for success.   This week on the Your Money, Your Business, Your Life Podcast: Your business plan is a living document The three reasons many