Why Do 95% of home based businesses fail?

@eashoor (307)
Canada
June 27, 2007 6:36pm CST
This is to those struggling home and small based business owners out there. What do you think is hindering you? Would you accept help if offered or would you rather quit?
4 responses
@acosjo (1904)
• Canada
14 Jul 07
Why Do 95% of home based businesses fail? The reason is, they don't set up their "business" properly. There are so many successful people out there and they have one thing in common, they DO NOT promote generic sites like so many people do. Check this out, this will may open some eyes as to why people are frustrated and why others are very successful. http://www.BuildYourPathToSuccess.com Good luck to all :o)
• Romania
24 Aug 07
It say the site is under construction, please finih it quick:P
@gmgroup (21)
• United States
28 Aug 07
I think there's a 95% failure rate because a lot of home business lacks a system in place. The company I am with provides us with a lead capture page that people will fill out to immediately get more info about my business. After that, the system takes over because it will follow up with each prospect for up to 3 months. These little reminders will allow the prospect to see how the system works BEFORE they decide to join, and also keep my business fresh in their memory so they don't forget about it. My job is to promote my website to get people to take the free tour and the system does the rest. I never have to call anyone or send any emails. If they like what they see, they join. If they don't like what they see, they can opt out of the follow up emails and move on. Any marketing guru will tell you the fortune is in the follow up. If I didn't have a system to do this for me, I would have to spend countless hours on the phone or emailing each prospect several times. A home business should be fun, not another full-time job that you hate.
@Jamian (2604)
• Philippines
3 Aug 07
they fail because they dont do the business correctly, I have seen many people succeed on this type of business. I know that I will be the next,
@gloria777 (1678)
• India
29 Jun 07
No doubt the main problems is prospects, traffic, sale. Ofcourse I would like to take help from anyone.