Business Blunders: The Mistakes Too Many Startups Make

Five Ways for Your Business to Generate Publicity-Chispa MagazineLet’s be honest about it, running a business is tough. There are no two ways about it, being a business owner is not an easy task. It might be highly rewarding, but the fact is that being in charge of any business, regardless of how big or small it is, is not easy.

Running a business is stressful, which is why far too many business owners end up focusing too much on the day to day activities that come with running a business and forget to focus on the critical tasks at hand. This is just one of many mistakes that startups make.

The fact is that business blunders can derail a business and significantly reduce its chances of success. That’s why, when it comes to how you run your startup and how mindful you are of your success, it is vital that you are clear on what mistakes to avoid at all costs.

With that in mind, below is a guide to business blunders that you don’t want to make, and tips for avoiding them.

Putting too much pressure on yourself. Running a business comes with high levels of pressure, that’s a given, but that doesn’t mean that you have to overwhelm yourself. The fact is that when it comes to running a business, there is always a lot of pressure that comes with it, but there are ways that you can manage this pressure so that it doesn’t become too much. Take some of the pressure off of yourself by hiring a virtual assistant or using virtual receptionist services. By having a helping hand, you can reduce some of the pressure that you are under, and make it easier to focus on the tasks at hand.

Not diversifying your revenue sources. If there is one mistake that you don’t want to make as a business owner, it is failing to diversify your revenue streams. While it is all well and good having one major client, it is a bad idea to rely on just one company, after all, you never know what will happen. They may decide that they no longer want to work with you, and then where would you be? Make sure that your monthly revenue comes from various sources so that if you lose a client, it is not the end of the world.

Failing to listen to your customers. To stay ahead of the curve and keep your customers happy, it is important to take into account what they want and expect from your services. What you don’t want is for your clients to feel dissatisfied with the service that they receive from you, as if this is the case it may mean that they stop working with you. Always listen to any feedback that is given, and if you aren’t receiving feedback, ask for it. The more you understand what your customers want, the higher your chances are of success.

Not taking your website seriously. This mistake is far too common in the business industry among new business owners. The problem is that when it comes to business websites, far too many business owners attempt to design their website themselves. However, although this may help to cut costs, it will leave you with a website that is not as effective as it could be, which is not what you want. It’s much more beneficial to invest in your business and pay to have a website professionally design, as that way you know that it will be SEO optimized, fully responsive, and designed to a professional standard.

Not making time to network. The fact is that networking is a vital part of running any business, which is why making time to network is so crucial. If you want to ensure that your business does as well as it possibly could do, it is important that you make time to network. The truth is that if you want a business that does well, you need a network of customers to rely on, which is why networking and building up your customer base and connections is so vital. Attend local networking events, go to national events a couple of times a year, and take full advantage of virtual networking events on sites like Twitter.

There are a lot of mistakes that you can make when first launching a business. However, the ones mentioned above are the ones that have the potential to be the most damaging to your brand. The fact is that if you make these mistakes, your business may pay for them, which you don’t want, so avoiding making them is crucial.

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Mia Guerra

Mia Guerra

Executive Editor at Chispa Magazine
Executive Editor at Chispa Magazine, Mia Guerra is a writer at heart. Regardless the topic, she loves to investigate, encourage, and ruminate on topics that can make us better people. Aiming to live a Proverbs 31 life, Mia is ecstatic to be following her calling with Chispa. At home she is her husband's sidekick and together they are raising a God-fearing family in Atlanta.

Mia Guerra

Executive Editor at Chispa Magazine, Mia Guerra is a writer at heart. Regardless the topic, she loves to investigate, encourage, and ruminate on topics that can make us better people. Aiming to live a Proverbs 31 life, Mia is ecstatic to be following her calling with Chispa. At home she is her husband's sidekick and together they are raising a God-fearing family in Atlanta.