Entrepreneurship is far from an exact science. It probably is the furthest thing from it. Don’t believe it? Just ask any entrepreneur! There is one term in the scientific world that may describe us though, an AMOEBA…single cell (entrepreneurs are usually a one man army starting out) and they have to constantly try to change and duplicate themselves to survive as do entrepreneurs. The commonality of change is a dish served daily to amoebas and entrepreneurs. The last thing entrepreneurs should be resistant to is change. With that being said here are 5 mistakes entrepreneurs should avoid making.
- Staying in bad business relationships too long: Typically a bad deal will not all of a sudden become a good deal no matter how long you delay making the decision to cut the cord and move on.
- Becoming psychologically married to passion not profit: We all have our entrepreneurial passions and have heard the cliché’ that we should do something we love and we will never work another day. The rest of that should say if we pick the wrong passion business over the right profit business we may end getting to know the inside of a bankruptcy court all too well. Be smart about the economy we are in. Insurance may not be sexy but it may make you more money than a smoothie franchise (no offense smoothie people).
To read the full, original article click on this link: 5 Common Mistakes Entrepreneurs Should Avoid | B2C Marketing Insider
Author: KT Jones
