Running out of money.
It’s the top reason most businesses fail.
According to CB Insights, up to 40 percent of failed businesses were due to a lack of capital.
And that’s for the US, Canada, and Europe.
In developing markets like Africa, I can bet the number is much higher.
But what makes a business run out of money?
And why can’t some entrepreneurs manage this problem before it kicks them out of business?
In this week’s episode, you’ll learn a lot about the 3 strategic types of capital that are needed to build a successful business.
Each type of capital has a key role to play in the life of your business.
And if you don’t know how to handle each one, your business is likely to run out of money.
You’re going to learn a lot from this.
