Business Tips #4
Biggest Mistakes First-Time Entrepreneurs Make
โ 1. Trying to Sell to Everyone
โ 2. Waiting for Perfection
โ 3. Ignoring Cash Flow
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Vikas Acharya
ย โขย
Welbeย โขย 3d
๐๐ก๐โ ๐ซ๐จ ๐๐๐ฌ โ ๐ข๐๐ง๐ ๐๐ฉ๐๐ฃ๐ ๐ก๐๐ฌ๐จ ๐๐ป
Old Marketing (โ Focus: Company Pushing Product)
* Product: Features first โ
* Price: Cost to maximize profit โ
* Place: Physical distribution โ
* Promotion: Mass advertising โ
New Marketin
๐ก The Harsh Truth About Business
90% of startups fail within 3 years.
Why?
โ They chase funding, not customers
โ They build products, not solutions
โ They ignore cash flow
If you want to succeed, focus on:
โ Solving real problems
โ Generating profit