Common Startup Mistakes: Having a Rigid Mindset

This is Part 4 in a series on Common Business Startup Mistakes. Previous articles in this series are: Lack of Vision, Poor Business Startup Preparation and Undercapitalization. In today’s article, I’ll look at an often overlooked factor that causes startup failure: having a rigid mindset about your business idea. How a rigid mindset manifests Here are ways in…

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Common Startup Mistakes: Undercapitalization

This is Part 3 in a series on Common Business Startup Mistakes. Previous articles in this series are: Lack of Vision and Poor Business Startup Preparation. Undercapitalization is a challenge for most startups. This happens even when the founders have compelling visions and well researched plans. Entrepreneurs are risk takers. Many successful businesses were started with very little or…

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Common Startup Mistakes: Business Startup Preparation

Last week, I begun a series on common business startup mistakes. In the first post, I looked at the effects of Lack of Vision. I also shared my personal and business experience in this area and gave tips to help you create an empowering vision for your life and business. Today, I want to explore…

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Common Business Startup Mistakes: Lack of Vision

(Updated May 2017) This is Part 1 in a series on common business startup mistakes. For the most part, these mistakes will slow down your business growth or kill the business. What is Vision? Vision is your dream. It contains the ideal achievements you want to have in your lifetime. It’s what you work towards each…

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Common Business Startup Mistakes…And How You Can Avoid Them

Is there a way to ensure that your business will not fail? What are the common startup mistakes and how can you avoid them? Starting a business is hard. Some people are able to work their way through the startup maze, while others flounders and fail. This article introduces a series that explores common business…

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5 Reasons Why You Should Not Start a Business

Over the years, I’ve met very few people who don’t have the wish to start a business. It’s always interesting for me to listen to people’s comments when they get to know that a large part of my work involves helping professionals start businesses. While this is the case, the reality is that not everyone is…

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