Mistakes made by small business owners
a) They get stuck on one idea and never move on. They should evaluate many ideas and assess which can bring more money and success.
b) They ignore the reality that substantial amount of cash is needed to sustain the business in the meantime.
c) They tend to forget or ignore motivating, coaching and managing staff hence productivity and profits can be easily destroyed.
d) The successful business owner lives in the world of likelihood but infact spends money in the world of reality.
e) Failure to hire the right staff and delegate reponsibility.
f) Unrealistic eagerness to do everything and try to grow at the same time.
g) Often lack of advisory board or mentorship for the business.
