Excitement is huge when starting a small business and the last thing anyone wants to do is make a mistake.
I’ve always found the best way to learn is from others experiences. So I asked over 100 entrepreneurs what were their biggest mistakes made when starting a business that they could share for others to learn from.
The stories shared were amazing and I’ve highlighted some of the best lessons below to help current and future business owners learn, so they can avoid making these mistakes themselves.
The one common business mistake that many mentioned was drifting away from the core business model. Either entrepreneurs expanded into other areas fast without maximizing the current opportunities with systems in place or they shifted the concept completely being blinded by the shiny object syndrome. Has this happened to you possibly?
Scroll down through these amazing stories and remember that when putting together your current or future business plan to keep these lessons in mind so you can avoid these common mistakes (I’ve included a nice Infographic below to summarize for you)!