Top 3 Mistakes New Business Owners Make and How to Avoid Them
Manage episode 378848560 series 3429503
Ever dreamed of running your own business? Buckle up as we reveal the top three blunders new entrepreneurs often fall prey to, and how a solid business plan can prove to be an invaluable tool in sidestepping these common pitfalls. Guided by the enduring wisdom of Benjamin Franklin, we underscore the role of meticulous planning in both life and business.
Wondering how to safeguard your venture from the perils of overspending and underpricing? We dive deep into our own experiences and shed light on these potential hazards. From exploring the intricate links between personal credit and business to understanding the integral aspects of business operations, we've got you covered. We end on a crucial note, emphasizing the role of budgeting and the much-needed mindfulness in averting overspending. Get ready for an enlightening and informative discussion that could be a gamechanger for your entrepreneurial journey.
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Eric Aune @mechanicalhub
Andy Mickelson @mick_plumb
Check out our website: mechanical-hub.com
Chapters
1. Common Mistakes of New Business Owners (00:00:00)
2. Managing Overspending and Underpricing in Business (00:12:52)
3. Doing Business With People (00:25:16)
301 episodes