11/08/2026
80–90% of businesses fail within ten years. The problem is not always the idea. Often, the founder and the business were never ready.
Michael Abbiw expected his own breakthrough in 12 months. It took five years to see good money. At one point, he reduced his monthly expenditure from GH₵15,000 to GH₵2,000.
In this episode, we unpack 10 readiness tests: personal preparedness, technical and commercial capacity, industry knowledge, customer validation, true financial requirements, money boundaries, people, emotional cost, governance and knowing when to pause or walk away.
Watch the full episode on YouTube: https://youtu.be/rX15x4lpctU?si=3KWyd8KEFL9kpmJw
Then test your own business: audit.startupbodyshop.com