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13 Of The Biggest Mistakes Entrepreneurs Make (That May Not Seem Like Mistakes At All)

YoungUpstarts

You can pour your heart and soul (and life savings) into a venture, do all your due diligence, toil 80- and 90-hour weeks, and just when you’re on the verge of a breakthrough, a dark horse competitor sweeps in and decimates your market share. If you lose a customer due to price or other circumstances beyond your control, then fine.

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Always Right: Five Risks You Must Take With Your Customers

YoungUpstarts

If you lose a customer due to price or other circumstances beyond your control, then fine. Before technology made it possible for people to connect with each other anytime and anywhere, customer-business interaction was limited to phone calls and in-person visits. Today, though, technology has changed that model.

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22 Entrepreneurs Explain Their Major Accomplishments in 2020

Hearpreneur

2020 may have been a bad year for especially due to COVID-19 pandemic while to others, it was a great year. Seeing this extra time as an opportunity allowed me to teach my 18-year-old son (who was home from college due to COVID closure) how to flip his first condo. 8- Getting into the Mediavine advertising program.

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Nine Risks You Must Take (And Keep On Taking) To Build A Sustainable Business

YoungUpstarts

Money buys resources, technology, and manpower — all critical elements in helping a new business succeed. Sub in new technology, a bigger store, a larger advertising budget, and on and on, for those two pennies and you get excuses made by struggling entrepreneurs everywhere. It takes courage.

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30 Entrepreneurs Share What Makes Their Business Unique

Hearpreneur

This essentially forces you to forgo 3PL’s due to the high cost of the logistics, and the technology behind recommendation engines aren’t reliable enough to automate the process. Thanks to Christina Campbell, The Mommy Spot Tampa ! The concept of it is simple enough – but operationally intensive.