Why Do so Many Small Businesses Fail?
Somewhere between 60-90% of new businesses fail to survive. Just about everyone agrees, starting a new business has a low success rate. The real question is not how many fail, but WHY so many fail.
Somewhere between 60-90% of new businesses fail to survive. Just about everyone agrees, starting a new business has a low success rate. The real question is not how many fail, but WHY so many fail.
In the inaugural episode of Secrets of The High Demand Coach, Josh Elledge of UpMyInfluence speaks to the host of the show, Scott Ritzheimer. Scott shares that he began his entrepreneurial journey at 20 but had to fight for his business's survival. He shares that he had three different bad experiences with coaches which turned him off to the idea. He ultimately found that he wanted to try his hand at being a coach. Not only that, but he wanted to offer a better experience to his clients than what he went through. He founded his coaching company, Scale Architects, after successfully exiting his previous business.
He started his coaching business and this podcast in order to reach founders and celebrate amazing coaches. If you're a seasoned business coach or consultant who is also an entrepreneur and feel you're a great fit for the show, apply here.
In this coherent episode, Stewart Ervin, President of Bracket Management, shares strategies to streamline your business growth. If you face chaos or doubt about scaling, you won't want to miss it.
You will discover:
- How to align sales and operations for smoother growth
- Why a 12-month forecast guides better decisions
- How to embrace processes without losing your vision
Does everyone in your company understand your common goals? Does everyone in your company agree with those goals? Does everyone in your company work effectively and efficiently toward achieving those goals? If not, you might be surprised how much it is costing you every day.
In this prudent episode, Tom Dillon, Founder of Frak Finance, shares strategies for data-driven financial decisions. If you struggle with cashflow mismatches, you won't want to miss it.
You will discover:
- How to use rolling forecasts to predict cashflow issues
- Why transparency with executives boosts team problem-solving
- How to shift from gut-based to data-driven decisions
He started his coaching business and this podcast in order to reach founders and celebrate amazing coaches. If you're a seasoned business coach or consultant who is also an entrepreneur and feel you're a great fit for the show, apply here.
In this feasible episode, Christopher Filipiak, Owner of Christopher Filipiak LLC, shares strategies to stabilize your sales. If you struggle with inconsistent revenue or hiring salespeople, you won't want to miss it.
You will discover:
- What systems are needed for a sales-ready organization
- How to shift your mindset to see structure as freedom
- Why mastering sales yourself ensures stable revenue growth
In this workable episode, Darryl Bates-Brownsword, Founder of Succession Plus UK, shares strategies to make your business sellable. If you struggle with exit planning or maximizing value, you won't want to miss it.
You will discover:
- How to start exit planning early to ensure a high-value sale
- Why reducing owner dependence boosts your business’s marketability
- What intangible assets like IP and branding increase valuation
In this perceptive episode, Andy Audate, President of AudateMedia, shares strategies for leveraging CRMs to scale your business predictably. If you struggle with disorganized customer tracking or inefficient sales processes, you won't want to miss it.
You will discover:
- Why a CRM tracks customer journeys to streamline your sales process
- How to choose a CRM tailored to your customer’s specific journey
- What mission-critical data to capture in your CRM for profit
You can’t reach $10M or $50M the same way that you reached $1M or $5M. In the early days of organic growth, you can simply sell your way to success and deal with fulfillment problems as they come. To break the $10M barrier and go deep into 8-figure territory, you need to first create the internal capacity for scale, then you can get back to selling and growing your top line.
In this enlightening episode,Yosi Kossowsky, Co-Owner of K-Tor Consulting Services LTD, shares insights on leading high-performing executive teams. If you struggle with coaching executives or fostering collaboration, you won’t want to miss it.
You will discover:
- Why your behavior sets the tone for your executive team
- How to communicate clear expectations to drive performance
- What observations foster growth over critical feedback
In this insightful episode, Liz Steblay, Founder & Chief Advocate of Professional Independent Consultants of America, shares practical wisdom for starting your consulting journey as a solopreneur. If you fear uncertainty or doubt about launching your own business, you won't want to miss it.
You will discover:
- Why clarity on your purpose drives your success as a solopreneur
- How to build confidence to overcome fear and uncertainty
- What key business skills you need to thrive independently
In this transformative episode, Jason Moss shares how you can scale your startup to seven figures while working less with his CEO Freedom Formula. If you’re struggling with burnout from doing it all, or if you feel overwhelmed by inconsistent revenue, you won’t want to miss it.
You will discover:
- Why shifting to a CEO identity helps you escape the daily grind
- How to eliminate low-value tasks to free up your time
- What value ladder strategy lets you focus on high-impact work