What are the top start-up business mistakes?

Discussion in 'General Business' started by jonathanfigaro, Jun 13, 2009.

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  1. #1
    These are my reason why business fail.

    1) Not enough money.

    2) Not thinking survival.

    3) Losing momentum.

    4) Doing it all alone.

    5) Not hiring right away.

    6. Doing it just for the money.

    7. Getting to year 1, past year 2.

    8. Don’t build around a customer.

    9. Don’t seek mentors.

    10. Don’t get involved in the community.


    What makes your list of top start-up mistakes? I would love to hear your thoughts so we can put together a new list!
     
    jonathanfigaro, Jun 13, 2009 IP
  2. Jontish

    Jontish Well-Known Member

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    #2
    Not having enough patience is my biggest mistake. I know so many of my projects would be so great now if I would just be a bit more patient.

    4) Doing it all alone.
    That's also a good point. Working together with someone you nag on and motivate each other pretty much. :)
     
    Jontish, Jun 13, 2009 IP
  3. farain

    farain Peon

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    #3
    hmmmm
    Not putting into practical is my biggest mistake
    being not patient is also a eason
    & I believe not getting full information before starting is also a reason for failure
     
    farain, Jun 13, 2009 IP
  4. kush86

    kush86 Well-Known Member

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    #4
    1) Not enough money
    4) Doing it all alone

    These are my biggest mistakes with every project I do. I always seem to under fund a project and doing all the work myself.
     
    kush86, Jun 13, 2009 IP
  5. mentos

    mentos Prominent Member

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    #5
    My one is doing it too fast.
    I always a step forward than my nearest competitor,so that the competitor just copy anything i done for free.
    While i need to hire people to think about the new idea.
     
    mentos, Jun 13, 2009 IP
  6. HomeComputerGames

    HomeComputerGames Peon

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    #6
    Where I see a lot of new online businesses make a mistake is not doing competitor research and creating a plan.
     
    HomeComputerGames, Jun 13, 2009 IP
  7. nick2007

    nick2007 Well-Known Member

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    #7
    My main mistake is, I'm in hurry to start new projects and never collect enough useful details before to start it.
     
    nick2007, Jun 14, 2009 IP
  8. tbfm

    tbfm Peon

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    #8
    My biggest problem is not having money and trust! I have great ideas but wont allow anyone else in as I have been ripped off by to many people!
     
    tbfm, Jun 16, 2009 IP
  9. dudeitschris

    dudeitschris Peon

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    #9
    My biggest problem is time. Trying to work a full time job and trying to put a company together is a hard task. I have to spend alot of money outsourcing too because I don't have enough time and it cost alot of money. Also I would say in general most people lack self motivation. I find myself getting frustrated at times and want to give up and I always have to find a way to slap myself hard enough to wake up and realize I don't want to be stuck in a day job forever.
     
    dudeitschris, Jun 16, 2009 IP