Thinking about launching a startup, but scared of the legendary failure statistics? Today’s post covers the nine most common mistakes small business owners make in the first year—so you can learn how to avoid them and set yourself up for smooth seas ahead.
Mistake #1: Failing to Plan
By and far, the number one reason why a startup fails is because an overly eager entrepreneur comes out of the gate swinging too hard, too soon. It doesn’t matter how brilliant your idea may be; it’s doomed from the start unless you carefully strategize every detail of its execution.
