{"id":8,"date":"2013-07-22T00:00:00","date_gmt":"2013-07-22T00:00:00","guid":{"rendered":"https:\/\/empowernetwork.com\/humphries\/why-most-entrepreneurs-fail\/"},"modified":"2026-07-25T19:17:37","modified_gmt":"2026-07-25T19:17:37","slug":"why-most-entrepreneurs-fail","status":"publish","type":"post","link":"https:\/\/empowernetwork.com\/humphries\/why-most-entrepreneurs-fail\/","title":{"rendered":"Why Most Entrepreneurs Fail"},"content":{"rendered":"<h2>The Number 1 Reason That Most Entrepreneurs Fail<\/h2>\n<p>At some point or another you have probably thought of starting your own company.<\/p>\n<p>Maybe you had a great idea and thought it would be the answer to everyone\u2019s problems\u2026<\/p>\n<p>Or maybe you saw an opportunity that others didn\u2019t see and you knew that if you started your own business you could make it successful\u2026<\/p>\n<p>Or one day you drove up to a McDonald\u2019s and thought, \u201cIf only I could get a franchise\u2026\u201d<\/p>\n<p>Or perhaps a friend or family member got started in some opportunity and showed you the \u201cplan\u201d \u2013 maybe you believed in that plan when you saw it\u2026<\/p>\n<p>So, why is it that most entrepreneurs fail? Maybe a better way to say it is, why do most start ups fail?<\/p>\n<p>Regardless of the business, about 95% of businesses will fail within their first 2 years.<\/p>\n<p>Many people will tell you that in the majority of cases it is because of lack of capital. In other words, they ran out of money, and weren\u2019t making enough to keep going.<\/p>\n<p>But that\u2019s just a surface reason.<\/p>\n<p>The real reason is found deep within\u2026<\/p>\n<p><span>DESIRE<\/span><\/p>\n<p><span>WILLPOWER<\/span><\/p>\n<p><span>PASSION<\/span><\/p>\n<p><span>BELIEF<\/span><\/p>\n<p>These words are all very similar, and you could pick any one of them as the reason a business succeeds or fails.<\/p>\n<p>If you do not have enough desire, willpower, passion, or belief in your business, product, service, etc \u2013 you will fail. Every time.<\/p>\n<p>YET\u2026<\/p>\n<p>On the flip side \u2013 if you DO possess these traits, then you will succeed! No matter what!<\/p>\n<p>The truth is most people quit.<\/p>\n<p>They give up.<\/p>\n<p>They lose hope.<\/p>\n<p>They stop believing.<\/p>\n<p>If you have a dream, if you have a vision of what your future could be, if you have ever wanted to have your own business or do your own thing, then\u2026<\/p>\n<p><strong>NEVER, NEVER, NEVER GIVE UP!<\/strong><\/p>\n<p>Things don\u2019t always work as planned. But that doesn\u2019t mean that things aren\u2019t working.<\/p>\n<p>We fail so we can learn vital lessons for success.<\/p>\n<p>If we never failed we wouldn\u2019t know how to run a successful company.<\/p>\n<p>It\u2019s not wrong or bad to fail, it\u2019s just part of the journey.<\/p>\n<p>So, instead of using the work fail, I now call it FEEDBACK.<\/p>\n<p>In other words, if I try something and it doesn\u2019t go as planned \u2013 instead of calling it a failure (as most people would do) I just take it as feedback \u2013 I take the good and bad and make sure to get rid of the bad the next time around.<\/p>\n<p>It\u2019s like a child learning how to walk. It takes a LOT of falls before they get it down.<\/p>\n<p>And we, as parents, siblings, grandparents, friends \u2013 we encourage them. We lift them up, tell them they can do it. Help them try again. Give them hope.<\/p>\n<p>Why can\u2019t we do that in business?<\/p>\n<p>Why can\u2019t we encourage and uplift others when they are down?<\/p>\n<p>Why not remind them, and often US, that we are not a product of our past. WE determine what our future will bring. WE can create anything we set our minds to.<\/p>\n<p>WE \u00a0can be in the 5% that succeed!<\/p>\n<h2>HOW?<\/h2>\n<p>To quote from Nike, <strong>JUST DO IT! AND NEVER GIVE UP!<\/strong><\/p>\n<p>Yes it takes work and effort and sometimes it\u2019s not easy, and sometimes it just plain stinks\u2026<\/p>\n<p>But if you keep going \u2013 you will reach your goals.<\/p>\n<p>Don\u2019t be like the 95%. Be different. Be yourself.<\/p>\n<p>Work hard!<\/p>\n<p>Never lose hope!<\/p>\n<p>You can do this! I know you can!<\/p>\n<p>You\u2019re awesome!<\/p>\n<p>If you\u2019re ready for change in your life, and you\u2019re willing to take action, I want to help\u2026<\/p>\n<p>MAKE A DIFFERENCE!<\/p>\n<p>Justin Humphries<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Number 1 Reason That Most Entrepreneurs Fail At some point or another you have probably thought of starting your own company. Maybe you had a great idea and thought it would be the answer to everyone\u2019s problems\u2026 Or maybe you saw an opportunity that others didn\u2019t see and you knew that if you started [&hellip;]<\/p>\n","protected":false},"author":1130,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,4,5,6,7,8,9],"tags":[10,23,24,25,26],"class_list":["post-8","post","type-post","status-publish","format-standard","hentry","category-empower-network","category-inspirational","category-internet-marketing-tips","category-just-for-fun","category-marketing-products","category-motivational","category-network-marketing","category-sunday-sermons","tag-empower-network","tag-never-give-up","tag-why-most-entrepreneurs-fail","tag-why-most-marketers-fail","tag-why-most-start-ups-fail"],"_links":{"self":[{"href":"https:\/\/empowernetwork.com\/humphries\/wp-json\/wp\/v2\/posts\/8","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/empowernetwork.com\/humphries\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/empowernetwork.com\/humphries\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/empowernetwork.com\/humphries\/wp-json\/wp\/v2\/users\/1130"}],"replies":[{"embeddable":true,"href":"https:\/\/empowernetwork.com\/humphries\/wp-json\/wp\/v2\/comments?post=8"}],"version-history":[{"count":2,"href":"https:\/\/empowernetwork.com\/humphries\/wp-json\/wp\/v2\/posts\/8\/revisions"}],"predecessor-version":[{"id":21,"href":"https:\/\/empowernetwork.com\/humphries\/wp-json\/wp\/v2\/posts\/8\/revisions\/21"}],"wp:attachment":[{"href":"https:\/\/empowernetwork.com\/humphries\/wp-json\/wp\/v2\/media?parent=8"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/empowernetwork.com\/humphries\/wp-json\/wp\/v2\/categories?post=8"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/empowernetwork.com\/humphries\/wp-json\/wp\/v2\/tags?post=8"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}