Although the risks involved with starting a small business are considerable, there are steps you can take to increase the odds that your business will survive beyond its first few years of life.
One of the most important things you can do has become knowledgeable about the risks and pitfalls faced by small businesses during the start-up phase.
It’s impossible to anticipate every challenge you will encounter, but here are some of the main reasons small businesses fail during start-up.
Inside this video, I’ve identified a few mental pitfalls you need to avoid all while working your business or starting a new business for the first time.
It’s your turn!
Have you experienced any pitfalls in your business? What did you do to overcome them? Please feel free to share your comments below!