3 Mistakes Made By The Newly Self Employed

I’ve made my share of stupid business mistakes, and I have seen many other business owners make similar mistakes. I am just going to speak about the 3 mistakes made by the newly self employed.

These are just a few tips for new business owners or those who  about to be new business owners.

1. Spending too much money – financial

spending money

 Until you have a steady cashflow coming in, don’t spend your precious start-up cash unless it’s absolutely necessary.

2. Going against your intuition – creativity


If you base all your business deals on hard logic and ignore your intuition, most likely you’ll be in for a world of disappointment.

3. Failing to focus on value creation – independent


Why does your business exist?  To make a profit, but it also exists to provide some sort of value, both for you and your customers. 

The world doesn’t need more stuff to be sold.  The world does, however, need and want genuine value creation, and that’s where you should direct all of your efforts.

I know this was a short article on 3 mistakes made by the newly self employed. You’re too busy starting your business you don’t have time to read long articles. Make something fabulous to share with the world.

If you like these tips and want more to help you in your new business, please send me an email.
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