Mistakes of entrepreneurship

In the book The Lean Startup, Eric Ries improves this point: 

“I have learned from both my own successes and failures and those of many others that it’s the boring stuff that matters the most. Startup success is not a consequence of good genes or being in the right place at the right time. Startup success can be engineered by following the right process, which means it can be learned, which means it can be taught.” 

Mistakes of entrepreneurship

Finding a way to stay away from mistakes habitually made by new entrepreneurs is a piece of this procedure. Here are mistakes you ought to stay away from when beginning another business: 

  • Not spending enough money or spending too much money. 
  • Thinking you have no direct competitors. 
  • Making hiring decisions based on cost.
  • Not setting attainable goals.
  • Not thinking about marketing. 
  • Having too small margins.
  • Thinking you can do it all yourself. 
  • Being incapacitated by fear of “what if’s.”

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