Podcast
Questions and Answers
What is the main reason why 90% of businesses fail?
What is the main reason why 90% of businesses fail?
- Inefficient team management
- Poor marketing strategies
- Lack of vision and mission
- Low profits or negative cashflows (correct)
Which element is not included in the "OPBP" framework for business success?
Which element is not included in the "OPBP" framework for business success?
- Prestigious thinking (mindset
- Organizing wealth-building assets
- Maximizing social media presence (correct)
- Building sustainable growth systems
What is the recommended budgeting approach for businesses?
What is the recommended budgeting approach for businesses?
- Activity-based budgeting
- Flexible budgeting
- Zero-based budgeting (correct)
- Incremental budgeting
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