Years ago when I started my business there were mentors in my corner guiding me every step of the way. But that’s not always the case with today’s entrepreneurs. The more typical path looks something like this. You have an idea, create the product or service and dive right into selling. But, moving full steam ahead without knowing what makes a company solid beyond startup is one of the most common causes of small business failure.
When was the last time you sat down to tighten up your business? Did you take a wholistic view of the company or were you solely focused on sales?
In this video, I share four mistakes that entrepreneurs make in business and what wise business owners do to avoid them.
Having a starting point makes it easier to be your own boss and successful business owner. That’s why I love sharing what goes on behind the scenes of thriving enterprises.
Success leaves clues. So instead of wasting time reinventing the wheel, consider these points moving forward:
- Figure out what expertise your business needs to minimize risks
- Pay attention to what’s missing and fill in the gaps
- Be proactive in decision-making
- Delegate for consistent follow-through
And, if you are ready to put your business on solid ground, be sure to download your Business Building Checklist. It is part of my Wealthy Place Planning Program™ and I’m making it available for a limited time. So be sure to download your copy before the link expires.