Why 42% of Businesses Fail (And What to do instead)

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Read time: 5 minutes

Right now, while you’re reading this, someone just like you is starting a business that will make them a millionaire by this time next year.

And someone else—maybe even smarter, more educated, with better connections—is starting a business that will end up broke.

What separates them isn’t luck, money, or connections.

It’s understanding one critical insight that 42% of entrepreneurs completely miss, and it might be costing you everything.

The Real Reason Businesses Fail

The #1 killer isn’t lack of funding, competition, or even market conditions. It’s being too generic.

When you serve everyone, you serve no one.
When you try to solve every problem, you solve none effectively.

When you chase every opportunity, you master nothing.

The key is to become the obvious choice for a specific person with a specific problem.

The ALL-IN Principle

Most entrepreneurs think having a backup plan is smart.

They’re dead wrong.

Plan B is really Plan F—Planning to Fail.

That’s why keeping Plan B in your back pocket quietly sabotages Plan A.

Suddenly…

  • You procrastinate instead of acting.
  • You hesitate instead of committing.
  • You pull back right before a breakthrough—because failure feels safer than risk.

That’s why the ALL-IN PRINCIPLE is non-negotiable:

Success isn’t created by people who “sort of” commit.

  • A profitable business = daily profit choices
  • A fit body = daily health choices
  • A strong relationship = daily love choices
  • Results are just commitments-made real.
  • And the moment you eliminate Plan B, Plan A becomes inevitable.

The 7 Steps to $1M

If I had to start over tomorrow with no money, no assets, and no audience, this is the exact framework I’d follow to rebuild from scratch.

  1. Learn One Monetizable Skill → Specialize in solving a specific problem in Money, Health, Relationships, or Passions.
  2. Hunt the Hungry Crowd → Don’t create demand, find people already desperate for your solution.
  3. Build Your Money-Making Machine → Turn your first wins into a repeatable system that generates consistent revenue.
  4. Treat Time Like Capital → Replace busywork with the 3 profit-generating activities that actually move the needle.
  5. Learn From People 3–5 Steps Ahead → Avoid blind spots in Time, Money, Strategy, and Mindset by learning from the right people who’ve walked this path before.
  1. Repeat Until Your Dream Becomes Reality → Consistency beats novelty. The same moves, done repeatedly, create scale.

Want to Revisit This Deeper?

That’s exactly what I walk you through in this video:

$0 free investment opportunity for financial growth and trading success.

The Hidden Goldmine in Your Network

Here’s something most entrepreneurs overlook: your next client is probably one conversation away.

In 1966, a car salesman named Joe Girard asked a funeral director one simple question that changed everything:

“How do you know how many mass cards to print?”

The answer:  “Easy. Every person knows at least 250 people.”

That moment Joe realized: 

He wasn’t selling to one person—he was selling to 250 potential clients.

Remember: Your network isn’t small—it’s just invisible until you activate it.

Want the complete blueprint to go from $0-$1M?

Most entrepreneurs don’t fail from lack of effort—they fail because they have the wrong sequencing. 

Every stage includes clear actions, formulas, and shortcuts to accelerate results.

Profit from Mia Hewett's action blueprint on turning $0 into $1 million, perfect for entrepreneurs and business owners aiming for financial success and wealth creation strategies.

What You’ll Get With This Blueprint:

  • The Income Acceleration Formula – Get a clear month-by-month breakdown that shows you exactly how to scale to $5K+ months — without the guesswork or wasted time.
  • Mini Challenge Strategy – Learn the fastest way to get momentum and cash, generating your first $5K-$10K in 90 days using your existing network (no ads, funnels, or big audience required)
  • Blind Spot Method (AIM) – Uncover and eliminate the most common invisible profit killers that are silently costing entrepreneurs months of progress and thousands in lost revenue.
  • 48-Hour Action Plan – Launch your million-dollar business that takes you from stuck to moving 

Mia

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About

Mia Hewett

My mission is to help entrepreneurs awaken to the truth of who they are, so they can make six to seven figures in their businesses, live their purpose and make the difference and impact they are Meant to make.

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