Jan 17 2009
7 Business Mistakes to Avoid
Neil Patel wrote a pretty interesting post over at QuickSprout titled 7 Business Mistakes That Nearly Broke Me… Literally. As you probably know Neil already founded many companies and online businesses, so the man knows what he is talking about.
Here is a quote for the first mistake:
Don’t spread yourself too thin
A lot of good opportunities will come your way and your gut reaction will be to do them all, but don’t. I made this mistake and what ended up happening is that all of my businesses suffered, even the ones that were doing well. Within 3 to 6 months of me spreading myself too thin all my businesses suffered because I hadn’t spent enough time on them on each of them, even though I had employees and business partners who were helping me out. Remember, no matter how big or small your business is, you have to spend all of your time on it.
I completely agree with this one. I call this “lack of focus.” If you want to create something successful or powerful, you need to focus all your time and energies on it.
Anyway check the full article to discover the other 6 mistakes.
