January/February 2022 Issue

Page 9

Why Is Momentum So Important in

Business? A business that loses its momentum is doomed. For the long-term success of a business, many things are needed, but momentum is crucial. Momentum is the force that keeps a business moving and growing in the right direction. A business may lose momentum because of the following reasons: Lack of will by the owner – If a business owner doesn’t want to grow and they become complacent about their business’s position Stagnation – A business owner, in this case, wants to grow but they don’t know how to do so Not thinking big – If you think small, you’ll be small Here are three reasons why momentum is so important in business: 9

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