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Why Most Businesses Don’t Last (and How You Can Be in the 5% That Do)

October 13, 20253 min read

Every year, millions of people take the leap and start their own business. They’re driven by passion, ideas, and the dream of freedom — the freedom to choose their hours, do meaningful work, and build something that truly matters.

But here’s the hard truth: while many begin with excitement and good intentions, only around 5% of businesses are still running after five years.

So what separates those that thrive from those that quietly fade away? Let’s explore why so many businesses struggle — and, more importantly, how you can be one of the few that stand the test of time.

1. The Dream vs. the Reality

When most entrepreneurs start out, they imagine flexibility, income, and independence. But before long, reality sets in. Suddenly, they’re working longer hours than ever, juggling admin, marketing, clients, and finances — and the joy starts to fade.

This is where so many business owners go wrong.
They build their business around
doing the work, but not around the systems that support the work.

To survive (and thrive), you need structure — clear goals, processes, and a plan that puts you in control, not the other way around.


2. No Clear Strategy

One of the biggest reasons businesses fail is a lack of strategy. Many owners are brilliant at what they do, but they’re missing a roadmap.

Without strategy, you can easily end up:

  • Chasing trends instead of staying focused

  • Working hard without moving forward

  • Struggling to make consistent revenue

A clear business strategy defines your vision, outlines your goals, and identifies the practical steps to achieve them.

It’s the difference between being busy and being effective.

3. Trying to Do It All Alone

Running a business can be isolating — especially when you feel like you should have all the answers. But the truth is, no one builds a successful business alone.

Behind every thriving entrepreneur is support — whether that’s a coach, mentor, or strategist who helps them see things differently and stay accountable.

When you work with me, we help you step back, get clarity, and create a plan that feels aligned and achievable.

Because sometimes, having someone in your corner makes all the difference.

4. Burnout and Lack of Balance

Entrepreneurs often wear all the hats — marketer, accountant, salesperson, admin, and visionary — until they’re running on empty. Burnout doesn’t just affect your energy; it clouds your judgment and creativity, too.

The businesses that last are the ones that prioritise balance. They have systems, boundaries, and time to breathe — allowing them to stay consistent and inspired.

5. Not Reviewing or Adjusting

Even the best plans need refining. The most successful business owners don’t just set goals — they regularly review their progress, measure results, and make adjustments when things aren’t working.

That’s how you stay ahead, stay relevant, and continue to grow — even when the market changes.


The 5% That Thrive

Those who succeed are not necessarily the most talented or the luckiest.

They are the ones who:
✅ Have a clear plan and stick to it
✅ Build strong foundations and systems
✅ Stay open to learning and growth
✅ Know when to ask for help

The good news? That can be you.
Whether you’re just starting out or looking to scale, it’s never too late to create the business you originally dreamed of.

Final Thoughts

You started your business for a reason — and that reason still matters.
With clarity, structure, and the right support, you can be part of the 5% that not only survive but
flourish.

Ready to future-proof your business?
Start by downloading the free Business Strategy Checklist — your step-by-step guide to building a strategy that works.

📥 Download it here

Business Coach and Certified Business Strategist

Sharon Forrester

Business Coach and Certified Business Strategist

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