You’ll find a lot of newly minted millionaires on social media bragging about their new Lamborghinis and how business success is as easy as wanting it badly enough. By contrast, it feels like every other week we’re seeing news stories about major Australian businesses entering administration, liquidation, or otherwise struggling in the current economic climate. So what’s the difference between a business that succeeds and one that fails?

In this episode, Sevan and David discuss the biggest reasons businesses fail. They debunk the unrealistic perceptions of business success perpetuated by social media algorithms and explain why a solid business plan, proper financial knowledge, and strategic partnerships are essential.

 

Connect:
Alexander Spencer website
Alexander Spencer on Twitter
Alexander Spencer on Facebook
Alexander Spencer on LinkedIn

You&rsquo;ll find a lot of newly minted millionaires on social media bragging about their new Lamborghinis and how business success is as easy as wanting it badly enough. By contrast, it feels like every other week we&rsquo;re seeing news stories about major Australian businesses entering administration, liquidation, or otherwise struggling in the current economic climate. So what&rsquo;s the difference between a business that succeeds and one that fails?
In this episode, Sevan and David discuss the biggest reasons businesses fail. They debunk the unrealistic perceptions of business success perpetuated by social media algorithms and explain why a solid business plan, proper financial knowledge, and strategic partnerships are essential.
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Connect:
<ul>
<li dir="ltr"><a href="https://alexanderspencer.com.au/">Alexander Spencer website</a></li>
<li dir="ltr"><a href="https://twitter.com/AlexSpencerCPA">Alexander Spencer on Twitter</a></li>
<li dir="ltr"><a href="https://www.facebook.com/aspartnerscpa/">Alexander Spencer on Facebook</a></li>
<li dir="ltr"><a href="https://www.linkedin.com/company/alexander-spencer-cpa/">Alexander Spencer on LinkedIn</a></li>
</ul>

Wavelength Creative

The Bottom Line is a show designed to help Australian businesses succeed. On the show, you'll hear from leading Aussie business owners as they share the lessons they've learned building their companies. You'll learn from their successes, as well as some of the challenges they've faced along the way. We also talk to experts from a range of fields who share specialised techniques you can use to improve your business. Produced by accounting and business advisory firm Alexander Spencer.

The Bottom Line is a show designed to help Australian businesses succeed. On the show, you'll hear from leading Aussie business owners as they share the lessons they've learned building their companies. You'll learn from their successes, as well as some of the challenges they've faced along the way. We also talk to experts from a range of fields who share specialised techniques you can use to improve your business. Produced by accounting and business advisory firm Alexander Spencer.

The Bottom Line is a show designed to help Australian businesses succeed.

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