The article was originally posted at The Wall Street Journal (http://cn.wsj.com/gb/20120809/inv073628_ENversion.shtml)
Author: MIKE MICHALOWIZ
We are all looking for a recipe for business success that is easy to follow. But what if instead there was a recipe for disaster?
Why would anyone want to know the formula for failure? Because you may be blind to the fact you are already following it, at least in part. And if you know the ingredients to avoid, you’ll save your business before it’s too late.
I thought about all of the entrepreneurs I’ve known, worked with and mentored over the years, and all of the businesses I’ve studied, and I came up with six recipes for disaster. Avoid these and your odds of success will increase dramatically.
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