Starting a small business is very exciting thing for all entrepreneurs. If you are thinking about starting a small business then, we request you to watch this full video about 10 biggest mistakes of small business owners that you must know.
10 Mistakes of small business owners
Must read all mistakes before you start your small business.
1. Always thinking about Yourself
The first mistake that every small business owners make is always talking about yourself. If you just try to sell or always talking about your business then, you are making a big mistake of your startup journey.
2. Not following marketing strategies
The second mistake is all about marketing strategies. Mostly all business owners forget to plan about those marketing strategies. So, never repeat this mistakes while you start or run your business.
3. Product Pricing
Product pricing is a big issue in any business startup. Many entrepreneurs forget about how much value those product has and what is the product requirements.
4. Afraid of Marketing
Are you afraid of marketing your product? if yes then, this is one of the huge mistake all new small business owners are repeating again and again.
5. Not setting realistic goals
Must watch this video before you go ahead.
Setting business goal is the first step to get success in your business. Many small business owners always forget for setting realistic business goals.
6. Not Knowing Customers
Do you know your ideal customer or targeted customers? If not! then, it is your responsibility to research which type of customers you are going to target for your product or service.
7. Doing all alone
Many businesses can be perform by only one person or couple of one. You have to decide that how many people you required to run your business. Doing it all alone will be your big mistake in your startup.
8. Neglecting Modern Technology
We live in modern technology world. If you forget about using all technical tools and gadgets then, you are making big mistake in your business.
9. Not using Social Media
You are not using social media in right way. Without social media marketing you won’t get any trust rank in your business.
10. Just thinking about money
Many new small business owners always think about just money and how to sell products. They struggle about how to know the value of customers.
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