Turning mistakes into action
Instead of wallowing in their mistakes, these entrepreneurs made them a learning experience and quickly got back on track.
There’s a pattern of mistakes entrepreneurs tend to make early on. Here are the big ones:
• Taking on too much debt
• Sourcing products from the wrong company or not really knowing how a product will work
• Pricing products and services too high or too low
• Not hiring enough people or hiring too many
• Not sufficiently researching the marketplace for a product or service
So, how do you get over the early flubs?
For the answers see this article published on the Entrepreneur magazine website. See this link for more information.