According to international best-selling author Bernard Marr, the top ten reasons businesses fail are:
1. Complacency
2. Not prioritizing sustainability
3. Not putting customers first
4. Not relentlessly innovating
5. Not thinking of themselves as tech companies
6. Not treating data as a key business asset
7. Failing to attract and keep talent
8. Not developing future skills
9. Failing to build strong partnerships and integrate with others
10. Lack of authenticity and transparency
Bonus: Hidden Cause of Failure: Lack of Business Plan and Execution
If interested, here is the link to his full article: https://www.linkedin.com/pulse/top-10-reasons-why-businesses-fail-over-next-years-bernard-marr
Abrodos Music Shop is a Detroit-metro based shop and e-commerce site specializing in vinyl and cd’s. They carry a wide variety of genres including: house, techno, Motown, country, pop; just to name a few. There motto is: Celebrating life via music in four areas: Retail, DJ, Distribution & Production. If you enjoy music or would like more information, leave a comment or visit them: http://abrodosmusic.com 😁