10 Reasons Why Many Creative Businesses Fail Within the First 3 Years – And How to Avoid Them

Hey, friend! Let’s talk. You’ve got this fantastic creative business idea, right? You’re passionate, talented, and ready to take on the world. But here’s something we don’t discuss enough, why many creative businesses fail  within their first three years! As one who has been in the creative business for over a decade, I can assure you that this issue can be avoided if you take the right steps. 

It’s not because people aren’t talented. I mean, you and I both know some insanely gifted creatives out there. But talent alone doesn’t keep a business running. There’s a whole business side to this thing, and if you ignore it, you’re setting yourself up for struggle.

I don’t want that for you. So let’s get into the 10 biggest reasons why many creative businesses fail—and, more importantly, how to avoid them.

1. Thinking Creativity Alone Is Enough

 

You’re good at what you do, I know that. Maybe you’re a fantastic fashion designer, an incredible artist, or a genius at making handcrafted pieces. But here’s the thing: being talented at your craft doesn’t automatically make you a great entrepreneur, nor does it mean you will begin to smash massive sales. I wish that would be the case, honestly. A lot of creatives struggle because they don’t understand pricing, marketing, or financial management. And before they know it, they’re burnt out, broke, or both.

How to Fix This: 

  • Learn the business side of things. Trust me, it’ll save you a lot of stress later. Take online courses, read business books, or even get a mentor.
  • Surround yourself with business-minded people. Join communities like Bellafricana’s creative family. Being around like-minded entrepreneurs makes a huge difference.
  • Treat your business like a business. That means tracking your expenses, knowing your numbers, and having a plan.

2. Poor Branding and Positioning

 

Let’s be real: if your brand doesn’t stand out, people won’t remember you. And if they don’t remember you, they won’t buy from you.

zero branding

Branding isn’t just about having a fancy logo or cool packaging. It’s about how people feel when they see your brand. Does your business have a clear message? Do you know what makes you unique? So, if someone comes across your social media page, what is that thing that makes you stand out, and how does your brand make them feel? 

 

How to Fix This:

 

  • Figure out your Unique Selling Point (USP). What makes you different? Why should people choose you over someone else?
  • Invest in professional branding. And no, I don’t mean just throwing a logo together in Canva. Your brand should have a consistent look and feel across all platforms.
  • Be consistent. Whether it’s your social media presence, your website, or even how you interact with customers, make sure your brand is instantly recognizable.

3. Inconsistent Marketing

I see this mistake all the time; in fact, I get bored when I see a post from an inconsistent brand. Another reason why many creative businesses fail is because they post once in a blue moon, then vanishing for weeks, how do you expect your customers to take you seriously? Or relying on word-of-mouth alone, hoping people will magically find your business. Really?

Friend, let me tell you: if you’re not consistently marketing, you’re losing money!

How to Fix This:

  • Create a content plan and stick to it. You don’t have to post daily but don’t disappear for weeks either.
  • Start an email list. Social media algorithms change, but emails go directly to your customers.
  • Consider ads. Even a small budget for Instagram or Facebook ads can get you in front of new customers.

4. Not Knowing Who Your Ideal Customer Is

You can’t sell to “everyone.” If you try to, you’ll end up selling to no one. If you don’t know who your ideal customer is, your marketing efforts will be all over the place. That feels like a lot of work; it’s better to know your ideal customers so you can streamline your effort in positioning your brand.

How to Fix This:

  • Get clear on your audience. Who are they? What do they struggle with? Where do they hang out online?
  • Speak their language. If your brand is fun and youthful, let that reflect in your messaging. If it’s more luxury-focused, make sure your branding and communication match.
  • Solve a problem. People don’t just buy products—they buy solutions. What problem does your brand solve?

5. Financial Mismanagement

work overload

Let’s talk money! Because I know that so many creatives avoid this topic. Mixing personal and business finances, underpricing your products, or spending recklessly can kill your business before it even gets a chance to grow.

 

How to Fix This:

  • Open a separate business account. Stop mixing business money with personal money—it’s a recipe for disaster.
  • Pay yourself a salary. Even if it’s small at first, get into the habit of treating yourself like an employee.
  • Track your expenses and income. You don’t need fancy software; Google Sheets can work just fine. But know your numbers.

6. Being Afraid to Sell

 

Feeling of distress

Let’s be honest, does selling make you uncomfortable? Do you feel like you’re being “too pushy” when promoting your products? I know a few business owners who felt this way when they just started out in their business.

 

Here’s the truth: if you don’t sell, you don’t make money. Simple. This is another solid reason Why Many Creative Businesses Fail.

 

How to Fix This:

 

  • Change your mindset. Selling isn’t about being annoying; it’s about offering value. I know nobody likes to be sold to, but if you truly believe in your product, why wouldn’t you share it?
  • Make irresistible offers. People love deals, bundles, and exclusivity. Give them a reason to buy now.
  • Engage with your audience. Don’t just post products—connect with people, ask questions, and create relationships.

7. Not Adapting to Change

 

Markets evolve, trends shift, and customer needs change. If you’re stuck doing the same thing year after year without adapting, your business will struggle. People fear change, and that’s a valid feeling; however, that’s not enough reason to remain stuck. 

 

How to Fix This:

 

  • Stay updated with industry trends. Follow influencers, read blogs, and watch what’s happening in your niche.
  • Listen to your customers. Their feedback is gold. Pay attention to what they want.
  • Be willing to pivot. If something isn’t working, change it!

 

 

8. No Business Structure

Business owner without a business structure Why Many Creative Businesses Fail

Running a business without systems is chaotic. It’s like starting out on a journey without knowing where you are going; any way may seem cool to follow. If you don’t have clear processes, things will slip through the cracks, and growth will feel impossible.

 

How to Fix This:

 

  • Set up simple systems for sales, customer service, and product fulfillment.
  • Automate where you can—use tools like Trello, Dubsado, or Zapier.
  • Document your processes so it’s easier to scale.

 

 

9. Trying to Do Everything Alone

Why Many Creative Businesses Fail, one reason is Burnout from working

You don’t have to do it all. Seriously. Trying to handle everything by yourself leads to burnout and slow growth. This burnout is one of the strongest reasons why many business owners quit because they can’t function at their optimal level.

 

How to Fix This:

 

  • Delegate. If social media isn’t your thing, hire a social media manager. If bookkeeping stresses you out, get an accountant.
  • Outsource tasks. Platforms like Fiverr or Upwork have freelancers who can help.
  • Collaborate with other creatives—it makes business more fun and less overwhelming.

 

 

10. Giving Up Too Soon

 

This one breaks my heart. So many talented creatives quit right before they start seeing results. Success takes time, and there’s no such thing as an “overnight success.” While others may have their business running from the onset, yours may take a slow pace, and that’s okay. In fact, giving up too soon may also be a result of comparison.

 

How to Fix This:

 

  • Be patient. Keep showing up, even when it feels like nothing is happening.
  • Track progress and celebrate small wins. Every sale, every happy customer—it all counts.
  • Stay connected to a support system. Surround yourself with people who encourage you to keep going.

 

 

Final Thoughts

 

I know building a creative business isn’t easy, but I also know you can do this, now that you know the reasons why many creative businesses fail. With the right mindset, strategy, and consistency, you can turn your passion into a profitable brand. Take it from someone who has scaled through the hurdles.

 

At Bellafricana, we support creative entrepreneurs like you with resources, visibility, and a community that truly cares. If you’re serious about growing your business, join our Visibility Membership and let’s make magic happen together.

 

Now tell me—have you made any of these mistakes before? Which one hit home the most? Let’s chat!

 

Bellafricana members gets 60 million naira export grant

Mr Olusegun Awolowo at the third edition of ACE Awards Africa by Bellafricana with Bukky Asehinde founder Bellafricana

Small and Medium sized Entrepreneurs across the country are putting in a lot of efforts to survive, scale the hurdles and compete favourably in different sectors.

To carve a niche for themselves they need support, encouragement and a business friendly environment.

The immediate past Executive Director of the Nigerian Export Promotion Council (NEPC), Mr Olusegun Awolowo has been a pillar of support to many. He recently supported Bellafricana members with a 60 Million Naira Grant.

This opportunity is meant to support their businesses through the Export Development Fund (EDF) via the Expansion Facility Programme [EEFP] which issued a 60 million Naira grant to the 15 awardees of the 3rd ACE Awards as well as a few other Bellafricana members that have shown export potential.

The opportunity unveiled during the 3rd edition of the African Creative Exhibition and Awards, held on the 29th of October 2021, at the BWC Hotel, Victoria Island, Lagos will help to transform this businesses to the next phase with ease.

There Mr. Awolowo made clear the commitment of the NEPC to support and grow non-oil exports in the country.

Crude oil forms the major commodity that is being exported in Nigeria currently. In 2020, Crude petroleum topped Nigeria’s commodity export for the year according to COMMODITY.COM. Nigeria presently ranks as the tenth most petroleum-rich nation and by far the most affluent in Africa which makes the reason for being such an exporter of crude oil not far-fetched. This has in some ways made other industries take the back seat because, in recent years, there has been more focus on the country’s exportation of crude oil.

The Export Expansion facility programme, founded as a part of Mr. Awolowo’s legacy to grow Nigeria’s export industry has therefore provided a catalyst that supports the country’s active export businesses and export-ready businesses.

Speaking on this development, the CEO of Bellafricana, Bukky Asehinde could not contain her excitement as she spoke about how Mr. Awolowo through the Nigerian Export Promotion Council has been supportive of the growth and expansion of not just Bellafricana but her members.

“Mr Awolowo has time and time again proven to be a huge supporter not just to me or the over 5000 creatives he has supported through Bellafricana but to many creative entrepreneurs all over Nigeria.

Since the over 5 years that Bellafricana was founded, Mr. Awolowo has been a strong pillar of support to this community, endorsing us fully and boosting our brand credibility”.

She added: “This 60 Million Naira grant by the Export Expansion facility programme will go a long way in pushing many businesses forward. I celebrate Mr. Awolowo for showing us who a true leader is and I know that his legacy will always be known for generations to come”.

Asehinde went on to express her gratitude to Mr. Awolowo for standing by Bellafricana over the years and thanking him for building a legacy through his leadership as the former Executive Director of the Nigerian Export Promotion Council. “We are proud of his legacy and his support by helping and enabling MSMEs to get to the export level.”

Mr. Awolowo has always supported Bellafricana and her vision to give more visibility to African-owned creative businesses.

He has shown this through his continuous support at every edition of the ACE Awards held since 2017 to laud and encourage the work of highly skilled individuals who are making significant contributions to their respective industries and putting Africa on the world map with their creations.

He has through the Nigerian Export Promotion Council [NEPC] sponsored and supported over 5000 creatives and is now wrapping up with this grant so creative entrepreneurs can scale up their businesses while growing the country’s export industry.

He has also used his encouraging words to push not just entrepreneurs but everyone around him beyond their limits so they can achieve their goals and even surpass them.

It is no wonder Bukky Asehinde describes him as “The father of non-oil exporters.”

One of the awardees and a beneficiary of the grant also appreciated Mr. Awolowo for believing in Nigerian creative entrepreneurs and supporting them in scaling their businesses beyond the shores of the country.

“If we had more people like Mr. Awolowo in this country who have demonstrated true leadership, I have no doubts that we will see more Nigerian entrepreneurs succeeding and getting the visibility they deserve in the global space.”

The Export Expansion Facility Programme [EEFP], a flagship project of the Nigerian Export Promotion Council [NEPC] founded under the leadership of the now former Executive Director of the Nigerian Export Promotion Council.

The Export Expansion Facility Programme seeks to democratize the discovery of exporters and their access to relevant government incentives to grow. The initiative supports businesses in Nigeria, with at least one customer abroad, or working on acquiring customers abroad.
It also supports businesses in Nigeria that provide services that an export business might need and it offers these businesses a series of incentives to expand their reach and become an exporter.

Bellafricana is a tech-enabled community that provides a platform for Nigerian and African Creative entrepreneurs in the Fashion, Arts & Crafts, Home & Living, Beauty, and Food produce & Snacks Industry to gain visibility, increase sales, and have the right business support and structure that gives them the capacity to grow their business.

Bellafricana’s vision is to become the biggest e-commerce company that promotes African products to the world and is on the verge of accomplishing this as it recently launched a Marketplace [www.bellafricanashop.com].

ACE Award third edition Winners 2021 Mr Olusegun Awolowo endorses Bukky Asehinde, the founder of Bellafricana as the zero oil ambassador to Nigeria Mr Olusegun Awolowo endorses Bukky Asehinde, the founder of Bellafricana as the zero oil ambassador to Nigeria Mr Olusegun Awolow receiving an award at the ACE Awards Africa third edition

Valentine’s day gift packages on a budget

Valentine is around the corner. With so many things on your mind, you might have forgotten to get that special someone a gift. Don’t fret, they’ll understand if you chose February 14th (of all days) to show how much you mean to them.

Wait, before you give up, there just might be a solution. Say you’re stuck in a sea of options and you’ve got to do last minute shopping on a budget, there are some places that come highly recommended where you can get your loved one budget-friendly gifts this valentine’s day. Let’s dive right in:

1. Beautiful Hand printed fabric:

Mimiremi textiles handprinted fabric Mimiremi textiles handprinted fabric

Step outside the box and dazzle your loved one with beautiful, hand printed fabric from Mimiremi Textiles.

These fabric come in a variety of designs and colors, all crafted with care, reflecting how much you feel about that special one.

What you’ll love the most is them is how inexpensive they are. A yard goes for ₦4,000 only

Hard to believe right? Place your orders right away.

Visit them on Instagram here

Place an order directly on whatsapp here

2. Beautiful Briefcase Package:

Valentines package from detail africa

 

 

 

 

 

 

 

 

 

 

 

Treat your loved one like the boss they are. Get them this economic valentine’s package from Detail Africa. In this package, you get:

  • A briefcase with a customised tag.
  • Product packaging
  • Selected photograph with a special valentine’s card
  •  Freshly cut roses ( for females only)

Price : ₦50,000

Order today

Visit them on Instagram and make an order here

3. Love themed Throw pillows:

Get all lovey-dovey with customized throw pillows from Adire Lounge.

You also get to select a box  containing throw pillows, scented candles, adire printed mugs, tote bags, and lots more. Set the right mood with these and more.

Select your preference below:

Valentine's package for Him Adire Lounge
₦20,000
Valentine's package for her
Price: ₦20,000
Throw pillows from Adire Lounge
Price ₦3800, Big throw pilllows: ₦5,000

Throw pillows frrom adire Lounge

 

Connect with adire lounge on Instagram here

Place your orders here

4. Handbags for the one you love:

Naserian bag by Tunde OwolabiNaserian bag by Tunde Owolabi

Make Valentine special for the one you love with this Naserian bag, or the Utu bag in all their glory from Ethnik by Tunde Owolabi.

A tasty blend of Asooke and leather, these bags are the perfect gift for her. You need to order this beauty?

Click on this link to connect with Ethnik by Tunde Owolabi.

Place an order directly on whatsapp here

5. Scented candles to set the mood:

Scented candles from dach 2

Set the right mood for valentine’s day with relaxing, aromatherapic candles made of musk, amber and rose. Or you could  settle for the pink champagne and Pomelo. From prices as low as ₦5,500 you can literally sniff love in the air. Dach Home and body is here to take your orders.

Visit Dach Home and Body’s  instagram feed here

Or Place an order directly on instagram here

6.  Scented Perfume Oils

Perfume oils from Tiwi

Tiwi home fragrances has a range of scented perfume oils which you can gift your loved ones that special day.  Sensuelle. Rose and mask. Oudh Arabia. Oudh Savour. Any flavours you choose sends the right message and will serenade your loved one.

Connect with Tiwi Home Fragrances on Instagram here

You can place an order here to get your scented perfume oils.

7. Lover’s  Foot pack

Foot bombs by sahara sunrise

Take this as a bonus. It comprises the Foot balm, Foot mask, Foot soak bath bomb, and peppermint foot scrub. Use it to give your love a pedicure. It is endearing, caring and sensual!

I suggest you wear the free Valentine hat while giving the pedicure for a good laugh! Price: ₦4,000.

Connect with Sahara Sunrise on Instagram here

Order for your foot pack here

Are you ready to stun that special someoene this valentine’s day? Select any (or all 😂) of the gift ideas above, and you’ll be glad you did.

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