Why 90% business failed?

As an entrepreneur today, you must do a lot more than expected in order to run a successful business and create wealth! In the past economies were a lot less competitive. In the past, when a business performed below customer’s expectations, they would be struggling to break even. If a business met their customer’s expectations, they would make good profi ts. If a business exceeded their customer’ expectations, they would become a market leader and would earn huge profi ts! Why do over 90% of businesses fail today? It’s because markets have become so much more competitive. If you start a retail store you are competing with hundreds of others, both locally and internationally! Today, if you perform below customer’s expectations customers will never come back and you will go bust! Today, i you meet customer expectations, you will still be struggling to survive! Why? This is because hundreds of other businesses can also meet your client’s expectations, and some of them do so at half your cost. You will fi nd that you will be competing on price most of the time and will earn so little that it is hardly worth your while. I have seen so many business owners struggling to break even simply because what they offer is the same as every other business in their industry In today’s marketplace, if you exceed your client’s expectations you will only earn nominal profi ts because many businesses already do their best to add more value to their clients. So how do you make huge profi ts and become a millionaire in business today? The answer is that you have to go way beyond your client’s expectations. You have to give them an unbelievable experience where they will keep coming back to your business and tell all their friends about you. You must set your standards so high that they will never go to anyone else for that particular product or service. When you highly exceed your client’s expectations, you can charge a premium and make huge profi ts. This has been my secret of success for all my businesses and I want you to learn this same secret right now!