Top 10 Mistakes Business Owners Make
MJ LOPEZ
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Making mistakes as a business owner is unavoidable. But what if you can prepare for it? Because if you can anticipate all the possible mistakes as an entrepreneur, you will lessen the risk of failure.
In this video, we will talk about the "Top 10 Mistakes Business Owners Make." And we will focus on the common issues that are mostly encountered by businessmen who failed.
00:00 INTRODUCTION
01:09 CASHOUT TOO EARLY
06:32 MAKING POOR DECISIONS BECAUSE THEY WANNA SHOW PEOPLE THAT THEY ARE WINNING
11:00 FOCUSING TOO MUCH ON THE MONEY NOT THE VALUE
13:03 CUTTING COST INSTEAD OF INCREASING REVENUE
14:54 NOT INVESTING IN BRANDING AND MARKETING
17:36 NOT SPENDING TIME AND MONEY, DEVELOPING THE PRODUCTS
23:24 FOCUSED TOO MUCH ON WINNING
28:29 LACK OF COMMON SENSE
31:47 FOCUSED ON BIG PROBLEMS NOT THE SMALL ONE'S FIRST
34:25 LOOKING AT THE WRONG METRICS
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