Many people start businesses and work tirelessly to launch their product or service, thinking that the hard part is over once it’s out there. However, running a business becomes increasingly difficult over time with more employees, budgets, projects, and bureaucracy.
The main reason businesses fail is that their founders don’t intend to maintain them in the long-term, focusing only on the initial launch. To be successful, entrepreneurs need to think beyond the start-up phase and consider the ongoing maintenance required for a business to thrive.