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- Partners, Julian Jenkins and Nigel Reynolds discuss why top companies fail
- Find out what some of the most common reasons are, and how you can avoid them
Keeping a check on your business, and the key issues that could be problematic is vital in ensuring that your business succeeds. In this video, Jenkins and Reynolds look into common, identifiable issues which can be identified in a business but they also look into one of the most common, and understandable, reasons why companies fail…
“Some of the classic mistakes I suppose, in the early stage, are either not giving enough of the ownership or the opportunity to others who you are partnering with who you’ve got on board…
I think one of the other areas is people often think that need to do it alone or they’re almost scared of giving away responsibility in some of the operations within the business. So to the extent that when the business is right for it, making sure that you get the right resource and skill set around you to support you and the business.”
This video, as part of a series which looks into the recession, shows how businesses can avoid common mistakes and reprioritise their business processes in tough times.
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Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
