When starting a business, you’re going to make mistakes. We'll walk you through some common mistakes, and tips for avoiding business failure.
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Mistakes are often taboo in society. We’re told to cover up mistakes or blame them on other people, doing everything we can to separate ourselves from the awful burden of doing something wrong.

Most people don’t start a business because they’re afraid to make mistakes. But here’s the secret: business mistakes don’t stop your momentum, they help you figure out a better path.

One of the best confidence-building strategies is treating your entrepreneur mistakes as learning experiences. And in the world of entrepreneurship, you’re going to make a lot of mistakes. You can’t avoid them.

Here is what we’ll cover in this video:

00:00 Introduction
02:35 Not Writing a Business Plan
04:00 Not Focusing on Cash Flow and Profits
05:19 Not Assessing Your Business Idea
07:09 Spreading Yourself Thin with Products
08:28 Not Investing in Organic Marketing
09:59 Not Thinking Freebies and Contests Through
11:25 Not Hiring Help
13:00 Not Knowing Your Target Audience
14:00 Not Having a Solid Marketing Plan
15:11 Not Securing Intellectual Property


-- RESOURCES --
► Business Plan https://bit.ly/38WbHFx
► Big List of Business Ideas https://bit.ly/3GraPoL
► Make Sure Your Business Doesn't Lose Money: Cash Flow For Beginners
Video https://bit.ly/3a6ilsM
► Intellectual Property https://bit.ly/3lQZvZk
► Protect Your Ideas: Lessons from an Indie Artist Who Waged War on a Mega-Brand https://bit.ly/38OVamR
► 10 Common Small Business Mistakes to Avoid https://bit.ly/38sZ0lf