What are the common causes of enterprise failure?

The common reasons leading to the failure of enterprises are: lack of ideals, only smooth adaptation, lack of determination and perseverance, over-reliance on past experience, conformism, refusal to change, lack of pragmatic spirit, listing for the sake of listing, and harming others.

1, lack of ideal

Every successful entrepreneur gives me the first feeling that I have an ideal. On the other hand, the primary reason for the failure of our investment enterprises is the lack of ideals and feelings, and money is paramount. It is enough to be diligent in small business and clever in Chinese business. If you want to do great things, you must rely on virtue, that is, you must have ideals.

2, only adapt to smooth sailing, lack of determination and perseverance.

There is a company that produces new biological drugs. In the past ten years, it has not made a penny. But it persisted. This success is a great success, but without the spirit of never giving up, this company could not have done it.

3. Rely too much on past experience and refuse to change.

Products should be upgraded, models should be innovated and management should be innovated. In any case, relying on past experience may lead to failure.

4. Good at dancing with long sleeves and lacking pragmatic spirit.

Some entrepreneurs are not down-to-earth but opportunistic. For example, by cheating, cheating can be a moment, not a lifetime. Talk about the door, hope to be quick, and hope that one thing will succeed soon. There may be a pie in the sky once, but there won't be a second time. Enterprises lack pragmatic spirit. If they don't fail today, they will fail tomorrow.

5. Going public for the sake of listing is harmful to both people and themselves.

The listing of enterprises should be a natural process, not just by packaging. Making false accounts and listing, gross profit or net profit suddenly increased. In order to go public, you can rob Peter to pay Paul once, but if the environment changes, robbing Peter to pay Paul may not be enough. Some enterprises blindly expand in order to go public, and as a result, they cannot meet the market demand, or there is no team to manage the expanded assets, which leads to failure.