What makes you lose interest on your business and leads you to close it?

[kirubel]

In business there are a lots of things that makes us to lose interest on the business that we are running, and this things are having a lots of excessive stress due to over working and never having a break and never having some one who helps us when we are resting, when the business we start never grows and never shows improvements that we want to see, financial inability and lose of investment money that we out on the business, and challenges on the business world and not being able to compete with other business owners and change on the marketing system and not understanding the marketing needs, those all things will make us to lose interest towards our business and that leads us to close the business that we are running.

 

[timewo]

Government banking fraud, slavery and criminal defamation of online business owners causes great losses to business owners in some countries, with government agencies falsely claiming that their lazy greedy cheater employees who do not do computer work, do not pay expenses own the business of a private citizen.

 

[cherry123]

The first thing is lack of profit, this is always a huge problem. Lack of junderstanding the marketing needs, which keep people from buying our products which can bring a huge fail.

 

[kirubel]

The first thing is lack of profit, this is always a huge problem. Lack of junderstanding the marketing needs, which keep people from buying our products which can bring a huge fail.

That's is very true if a person or a business owner who starts business to get some additional income and to get good profit but instead of having profit and money when they get lose and don't see any profit from the business then the owner will get frustrated and will lose interest.

 

[cherry123]

That's my point exactly business owner who starts business are all about additional income and or have another source of income to get good profit. It is about making money.

 

[Fidelia]

I have never lost interest in my business to the point of wishing to close it. But what mostly leads to such loss of interest is always too much losses. When you lose so much in business, you don't enjoy the business.

 

[kirubel]

That's my point exactly business owner who starts business are all about additional income and or have another source of income to get good profit. It is about making money.

Most of the times when a business owners start a business they never think about any other challenges only think about making money and getting profits, this will have problem by its self.

 

[eldavis]

I think for most people, what makes them loose interest in their own business is the fact that things are not going the way they had hoped it would go.

 

[kirubel]

I think for most people, what makes them loose interest in their own business is the fact that things are not going the way they had hoped it would go.

By the way expecting too much things is some times bad, and if the thing we expected didn't happen then we will give up, in most case this is the reason new business owners why they give up on heir business, they expect good things and when the business don't good like the way they hoped they give hop.

 

[SHAHID987]

Once I, opened a book stall the business was good and I started it with interest and motivation. But the locality was not good people started purchasing books on credit and they were trying their best to not to give money. So finally I closed the shop.

 

[kirubel]

Once I, opened a book stall the business was good and I started it with interest and motivation. But the locality was not good people started purchasing books on credit and they were trying their best to not to give money. So finally I closed the shop.

That is very sad thing, some times being a good person will hart you and it makes you wonder being good person is not a good thing to be, some peoples use your kindness to take advantage on you, and that will have a huge impact on your life.

 

[Ofonime]

The major reason whyI close my former business was debt people own me too much money so I have to close that business and change it to another location now I have a safe business over here

 

[kirubel]

The major reason whyI close my former business was debt people own me too much money so I have to close that business and change it to another location now I have a safe business over here

Yeah i feel you, some times peoples do some ad things to a business owner, they don't think about the person who are owning the business.

 

[olaniyi]

What makes me lose interested in my formal business was that people stop using the product I am selling because then I do sell kerosene but people don't use it again but use kerosene

 

[eldavis]

One thing that almost made me loose interest is the fact that people tend to always down price my services and assume we do not have anything to do with money so the price should not be so high.

 

[cherry123]

A lot of things bring about business closure, high debt owed by family, friends and other peoples can readily bring the closing of any business and change in location too can close a business

 

[eldavis]

Yeah i feel you, some times peoples do some ad things to a business owner, they don't think about the person who are owning the business.

The truth of the matter is that people are simply after what they can get, these customers are only after their benefits. They don't mind if you are running losses in your business, all they care about is that it is okay for them.