How To Be A Business Failure!
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About this ebook
This book touches on a few topics. Each chapter is vital to your success. Some of them will instantly help add to the bottom line by correcting the mistakes written about in this book. If you continue to make the same mistakes over and over then you will have the same problems. Some you would have never thought of or don’t know about these situations that will cause you problems. Following the tips in this book will turn the scales into your favor. With a few of these tips some business owners will still think they could with these mistakes without affecting them and their business. I’m here to help convince you that you are wrong.I do not want to have you fall into these traps.
This book is not being written by some “guru” who never owned nor started a small business of their own. I was an actual small business owner who unfortunately made these mistakes mentioned. My whole purpose is to bring to light the mistakes that I and others have made that caused us to fail. Now we did not enter the business world hoping to fail. In retrospect we should have been smart enough to not make these mistakes. The problems start because we are so busy trying to “run the business” instead of “building the business”. This way of thinking opened the door to making the mistakes we made. They literally made sense at the time. They were going to save us cash so they were a no-brainer! Please read this book because it will save you from not only failure but giving up on your dreams of time freedom, financial freedom and your belief that "reaching for the stars" cannot be done. This book will help you continue to believe in yourself and the ideas will help you believe that anything is possible with the proper knowledge. I wrote this book to keep your dreams alive. I want you to remember one thing: just because one idea didn't work it can open the door to another idea that is the one path you should be following! Please read the book. It will help you in any other business you choose down the road.
Phil Santamassino
My name is Phil Santamassino. Putting my name on this book is actually irrelevant because at least thousands and more could put their name in my place. My goal here is to make sure you are not one of those people! This book explains the ten mistakes that we made some most of in our business that caused us to file bankruptcy. We actually lost everything we work extremely hard at. These mistakes were made because like all who are starting out we wanted to save money. The mistakes sounded so logical we thought NOT doing them was the wrong way to go about making money. One of the mistakes we talk about left us blind to the financials because it made sense to have someone else handle it while we worked on growing the business. We succeeded on our part as we started with an SBA loan and built it to a $500,000 a year business. Wonderful you say until you read about the financial man not paying the IRS for four years out of the five we were in business. Two IRS agents walked in one day after our busy period, introduced themselves, and in a matter-of-fact tone told us we owed the government $55,000. You read that right. Fifty five THOUSAND dollars! The financial man was a family member (you have heard it before about not hiring family members). My wife trusted him more than me and did not add him as a member of our LLC despite my objections. He walked with no penalties and we are still paying this debt by ourselves. This is just one of the mistakes you can, and probably will, make. It is explained in the book besides nine other mistakes you will make if you are trying to save money especially in the beginning stages. Without dragging this out I encourage you to purchase this book so you can protect yourself and possibly save your business.
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