Top ten Entrepreneur mistakes

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Rosalind Reslink, the business consultant listed the top ten mistakes made by the start-up entrepreneurs. The youthful inexperience is one of the main obstacle in this. But the start-up entrepreneurs should known about these these things that may help them to avoid from these mistakes. The young entrepreneurs, they have few to lose and everything to gain. According to a recent survey report, the young entrepreneurs makes unique mistakes when they starting a business. By concentrating the solution of these mistakes they surely win in their business in their life.




The top 10 mistakes made by start-up entrepreneurs that are pointed by Reslink are,

• Doing the business with alone.

• Asking too many people for advise.

• Spending too much time on product development, not on sales.

• Targeting too small a market.

• Entering market with no distribution partner.

• Overpaying for customers.

• Raising too little capital.

• Raising too much capital.

• Not having a business plan.

• Over thinking your business plan.

General mistakes:


There are some general mistakes makes by the entrepreneurs, these must be avoided.

• Not enough networking.

• Not prepared for the workload.

• Lack of confidence.

• Afraid to ask family and friends for help.

• Unwillingness to learn what need to be done.

• Losing a key staff member.

• Choosing the wrong staff member.

• Not adapting fast enough to changing technology.

• Not keeping up with the latest business tools.

• Setting up offices in other states or overseas too early in the development of the company.

Top ten Entrepreneur mistakes