Small Business Trends

Mistakes Startups Should Avoid

Mistakes

• Skimping -OR - over-thinking your business plan.

  ×

  How to do this task:

  Subtasks:

• Trying to do a start-up alone - OR - Having too many co-founders.

  ×

  How to do this task:

  Subtasks:

• Trying to force a business that Isn't working - OR - Falling to spend enough time researching the business idea

  ×

  How to do this task:

  Subtasks:

• Lacking focus and Identity.

  ×

  How to do this task:

  Subtasks:

• Being Rigid About Your Idea - OR - Lacking an exit strategy.

  ×

  How to do this task:

  Subtasks:

• Underestimating financial requirements and timing.

  ×

  How to do this task:

  Subtasks:

• Not asking for help.

  ×

  How to do this task:

  Subtasks:

• Spending too much time on product development, not enough on sales.

  ×

  How to do this task:

  Subtasks:

• Falling to recognise the gap between sales and profit.

  ×

  How to do this task:

  Subtasks:

• Settling tor "good enough" Instead Of pushing towards ideal.

  ×

  How to do this task:

  Subtasks:

• Seeking confirmation of your actions rather than seeking the truth.

  ×

  How to do this task:

  Subtasks:

• Entering a market with no distribution partner.

  ×

  How to do this task:

  Subtasks:

• Trusting experts, rather than your gut.

  ×

  How to do this task:

  Subtasks:

• Hiring convenience rather than skill requirements.

  ×

  How to do this task:

  Subtasks:

• Not Maintaining Relationships.

  ×

  How to do this task:

  Subtasks: