This is Part 4 in a series on Common Business Startup Mistakes. Previous articles in this series are: Lack of Vision, Poor Business Startup Preparation and Undercapitalization. In today’s article, I’ll look at an often overlooked factor that causes startup failure: having a rigid mindset about your business idea. How a rigid mindset manifests Here are ways in…
This is Part 3 in a series on Common Business Startup Mistakes. Previous articles in this series are: Lack of Vision and Poor Business Startup Preparation. Undercapitalization is a challenge for most startups. This happens even when the founders have compelling visions and well researched plans. Entrepreneurs are risk takers. Many successful businesses were started with very little or…
Last week, I begun a series on common business startup mistakes. In the first post, I looked at the effects of Lack of Vision. I also shared my personal and business experience in this area and gave tips to help you create an empowering vision for your life and business. Today, I want to explore…
(Updated February 2026) This is Part 1 in a series on common business startup mistakes. For the most part, these mistakes will slow down your business growth or kill the business. What is Vision? Vision is your dream. It contains the ideal achievements you want to have in your lifetime. It’s what you work towards each…