MBA IN SIMPLE WORDS
A business can be out of focus and may lead to wrong direction if the entrepreneur does not have a proper business plan.
A Product or Service can fail to meet the customer needs if the entrepreneur has not properly did the market research.
Many entrepreneurs struggle with financial management, leading to cash flow problems and even bankruptcy.
Failing to diversify can leave a business vulnerable to market shifts and changes.
Taking too much work is a sign of distrust and can lead to burnout. Therefore, an entrepreneur should delegate some work to right and skilled person.