Why Most Businesses Fail (And How to Avoid It)

FEF0: Intro
There’s no shortage of advice on how to make money, but do you know how to keep it? Many businesses fail not because they can’t generate revenue, but because they take on risks they don’t fully understand.
In this video, I break down the five most common reasons businesses fail, especially in construction and other project-based industries. From scaling too fast to taking on unfamiliar work, these are the mistakes that can drain your profits and put you out of business.
💡 What You’ll Learn:
✅ Why increasing project size too fast can be a death trap
✅ The hidden dangers of expanding into new locations
✅ Why offering new services can feel like starting a new business
✅ How personnel changes introduce unexpected risks
✅ The #1 reason most companies fail: lack of managerial maturity
🔗 Resources Mentioned in This Video:
📚 The Lean Startup - Eric Ries
📚 Managing the Profitable Construction Business - Thomas C. Schleifer, Kenneth T. Sullivan, John M. Murdough
📚 Blue Ocean Strategy - W. Chan Kim and Renée Mauborgne
📢 Join the Conversation!
What’s the biggest business challenge you’ve faced? Drop a comment below and let’s talk about it!
👍 Like this video? Give it a thumbs up and subscribe for more content on business, craftsmanship, and risk management.
🔗 Follow Us:
🌐 Website: www.bravefixer...
📸 Instagram: / bravefixers
📘 Facebook: www.facebook.c...
📩 Business Inquiries: shor.by/bravef...
#BusinessGrowth #Entrepreneurship #ConstructionIndustry #RiskManagement #ScalingBusiness