Tag: focused

How Do Business Owners Stay Focused?
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How Do Business Owners Stay Focused?

Many entrepreneurs think their biggest problem is finding funding. But what those entrepreneurs forget is the demon of distraction. Lack of focus and distraction can destroy any business, making it lose its momentum. By year three, 44% of businesses fail. This means that focus is essential to a business's success. And maintaining your short-term and long-term goals can help you create and maintain momentum in business. These 5 tips will help you slay the distraction demon. 1: Where's the revenue? Each time you're about to make any decision about your business, the first question you should ask is, "Where's the revenue?" Many entrepreneurs fall into the trap of thinking they won't have revenue in the launch stage. But why shouldn't you? If you have no revenue, it's easy to get distra...