What are the Things to Avoid When Starting a Business?

[Suba]

Starting a business is the first step to entering a new challenge, many novice businessmen forget important things that should be avoided, such as:
-Choosing a business that is not mastered or only based on suggestions from family and friends.
- Choosing the wrong co-workers or partners.
- Doing all business activities alone
- Mixing business money with personal money etc.

 

[Springtime]

Always start small, do not expand too quickly until your business is making money.

 

[eLdavis]

There are several things to avoid when starting a business, and one of them includes selling or rendering your business in credit.

 

[Nomad]

It is impossible to succeed on your own, therefore you will have to build a team and your team must be very good for your business to succeed.

 

[King Belieal]

So many of us think that we would thrive better with solo businesses. But that is not really the best way, we should learn to collaborate in business.

 

[Kross]

Make sure that you avoid bloated projections as you want to set up your business. Be sure to stay realistic.

 

[Augusta]

Failing to understand your industry. Succumbing to imposter syndrome. Saying 'yes' when you're stretched for time