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Showing posts from October 13, 2020

20 mistakes to avoid when starting a business.

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  1. Don't be afraid to fail "The biggest mistake you can make is to be afraid of failure. Failure is key to your success, and jumping into your fear is very positive for your future business. How you pick up after failure and learn from your mistakes is the key to great success.  2. Make a business plan "Too many businesses start without a basic plan, and if you fail to plan, you are essentially planning to fail. A startup should  map out a business plan , even if it is just one page. It should include how much it costs to operate, how much they anticipate selling, who would buy their product and why."  3. Get organized "Being organized is key. Running a small business is like being a circus ringmaster. It's normal to have dozens of things happening at once. So, I have a daily task list, things that I need to do. And I list them by their priority. It sounds simple, but it works, and makes me far more productive."  4. Understand your market and target a