Why new small businesses fail

  • A steady income stream is necessary to continue
  • The stress of an impending tsunami is always over your shoulder
  • This isn’t to say you shouldn’t work hard, but you should know what your limits are
  • You can’t really will success. There is a certain amount of luck involved
  • You can always see the character of people scratching by, or stepping on other people just to stay afloat
  • Money, power corrupts
  • Lack of money or security will have visible negative effects amongst people you work with

I write this in my 6th year of self-employment, funds running out, no work prospects yet, and lease running out in a month. Fun stuff.

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