Why Most Small Businesses Fail
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In this podcast, Amanda Rae discusses the importance of balancing immediate survival mode with long-term business success. Emphasizing the need for solopreneurs to plan not just for their next sale, but for the next three and ten years, she highlights the value of setting clear, adaptable goals. Amanda also explores practical strategies for achieving these plans. Finally, she underscores the importance of continually reassessing and adjusting plans to ensure sustained growth and success. “When you're a solo business owner, you have to gamble on yourself. You can take money and you can go and invest them in some way, shape, or form or you can invest them in you. When you invest in you and you take a gamble on yourself, you are in complete control.” — Amanda Rae What You’ll Learn 00:52 Summer Planning for Success 04:28 Balancing Survival Mode and Long-Term Success Plans 11:36 Investing in Yourself for Long-Term Growth
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