beginner mistakes in business

[Setfragil]

There are several mistakes that one can make as a new business owner. First is not having the knowledge and experience on the business. Second is not having enough capital to fund the business and another is poor business location and poor marketing strategies.

 

[Eodine]

Starting too early, starting too late, investing less funds, not starting right, picking the wrong partner, bad location, lack of planning, these are some problems one may encounter in starting a business.

 

[Hopey]

Mistakes beginners make when starting business is wanting to start big or comparing with an already existing business forgetting that no business started big

 

[Damscooguns73]

Concerning beginners mistakes in business. Well, I would say that there are lot of mistakes a beginner can make when starting up a business. Lack of experience and proper market survey is a big problem, most beginners just venture into businesses now because they feel it is what people are doing now and they are making money which at times is not always the right decision

 

[Setho]

There is this particular mistake that a friend made that I have found that many people actually made the same mistakes. You should not go into a business because of the dear of missing out instead do it because toy have idea.

 

[Cash%]

The biggest mistake i have made starting a business is not setting up and putting up the right thing that would grow the business to a very high stage , these are mistakes i have made

 

[Setho]

The mistake that I ha e noticed that a lot of beginners in business make is that the u do not research a prospect first. They just jump into it because they headed that the business was profitable and they has the funds.

 

[Jlife]

Most of the mistakes of people that are going into business is that they have not take the time to make a proper research about the type of business they are going into ,this can lead to Business failure and possible loss of money and properties.

 

[akinlolu99]

Alot of mistakes happen for beginners in business and depending on the business before you can know how to tackle the problem. For instance, if you are into the design(graphic) its best to set ground rules with your client before you start the work because along the line there is a chance that the owner might start acting up when certain things happen ost especially when it as to do with money

 

[Lordfalcao]

What is the biggest mistake you can make when starting a business?

Some mistake they can make is not paying attention to competition,poor management, improper use of profit, inability to utilize the various resources available, giving up easily and also unwise spending of capital.

 

[Bookwormlux1]

Most of the mistakes of people that are going into business is that they have not take the time to make a proper research about the type of business they are going into ,this can lead to Business failure and possible loss of money and properties.

The desire to make money from the particular business scheme is what makes them think that they do not need to spend quality time in learning.

 

[Richard92]

In the beginning people don't know the business so they invest in any business but later they get confused about what I did so they should research it thoroughly first. Take it so that they can succeed.The most important thing in order to grow a business is that you know the business well and know it well beforehand.

Most times as a beginner in a business without the right orientation you are bound to make mistakes but that does not make you stop there you correct your mistakes and move on.

 

[Bookwormlux1]

Most times as a beginner in a business without the right orientation you are bound to make mistakes but that does not make you stop there you correct your mistakes and move on.

Moving on is an important aspect of business as you cannot change the wrong that has been done already and so it is best to make sure you learn and move on.

 

[Queentener]

Not properly planning before starting a business and actually not make the Business survive
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Not properly planning before starting a business can actually not make the Business survive and this is mistake a lot of people make.

 

[Hena101]

The first biggest mistake you will make as a beginner starting a new business is to fail in your business plan because that alone can cripple your business. And also when you focus much on making profit than the walfare of your customers can also be the mistake it will take time before you recover from it.

 

[tyrim88]

What is the biggest mistake you can make when starting a business?

Some mistakes a bigginer can make while starting a business could be,not doing adequate research on the business,and negleting the aspect of knowing who his competitors are,not having aclear cut strategy on how to aquire customers,and lack of financial discipline.

 

[Kelly5]

The biggest mistake you can even make in your business is to be sitting down and having this wild and crazy fantasy about the profits you're going to make without doing anything about it

 

[Shigobad20201]

Failing to make a proper research before starting a business and also failing to make a proper business plan is the most silliest mistakes we failed to make when starting a business .

What is the biggest mistake you can make when starting a business?

 

[Bousine123]

One can be choosing the wrong location, another may be employing the wrong staffs. And also poor money management.

 

[Oliver4smile]

Many people have made this mistake, they expect the business to make them rich within a few weeks, so when that doesn't happen they become tired and quit. Truth is that business don't become big in a day, it grows with time.