1. Do not have a life plan.
People start businesses for many reasons: they hate their jobs, they need more money or have always wanted to have your own business.
The problem is that many of them would need to know first what they want in life and then launch a business that you have about what they want.
On the other hand, most do not think about how their life will be as an entrepreneur.
Thus, before setting up a business should ask themselves how long will last seven days per week to work or if you like young ... because at first might be the only employees that could pay them.
2. You have no contacts.
It is often said that business value lies in how many contacts you have, how many people know. And it's true.
Thus, before launching a business, make contacts. If you are good at making friends or are you the kind of person who does not keep in touch with others ... that entrepreneurship may not be for you
3. You have not identified a specific market (niche) in which to sell your products / services.
Take the time to find a niche for well-defined your business
Many small businesses owners want to sell products and services for everyone, but it is much easier to develop a marketing plan when you know who to sell.
Because your time and resources are limited financial is best to choose a niche that will channel efforts. Because ... after all specialists are paid better.
4. You do not have enough money.
Before starting a business you should ask if you can survive two years without salary.
If you do not have enough money to fund your first year of operation of the company, could not resist until your business will generate revenue.
Besides money for survival in the first year, you should have an amount put aside for emergencies, unpredictable.
5. You are not ordered.
If you have a personal life not well established budget spending is unlikely to do this business, where you need to make decisions based on financial information that you have.
Then it's the habits you have: used to set specific times to take care of some of the business requirements? Focus on those tasks that generate revenue? You know how to win each service or product you sell?
If you know what you want, you know your market and more careful spending and is likely to get your business a success. If not, you might as your start-upul become a rather expensive hobby.
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