Let’s be honest, running a small business is about the best thing on Earth you can do. You get to do the thing you love every day and share your dream with the world.
But it can be hard, there’s a lot to do and you won’t enjoy every single task that falls across your desk. And sometimes in the hustle and bustle of being a small business superhero you may get tempted off the straight and narrow and before you know it you’ve committed one of these sins :
1# – Not making a business plan
As my dad used to say “Failing to Plan is Planning to Fail”.
2# Having just one basket for your eggs
Being too reliant on one channel in any part of your business, is a recipe for disaster.
#3 – Being all about Me! Me! Me!
So focused on what you want, you just can’t or won’t hear what your customers are telling you.
Just putting your product out in the marketplace and hoping that the world stumbles across you . . . by magic.
Copying other businesses’ plans and strategies without adapting them to your business or marketplace.
Forgetting that you owe your success to your customers.
Splashing cash because you’re sure you’re going to be the next BIG thing!
So which ones do you think you’ll be able to easily avoid and which will test your resolve?