{"id":30398,"date":"2012-12-04T18:05:00","date_gmt":"2012-12-04T18:05:00","guid":{"rendered":"https:\/\/grapevinemsp.com\/2012\/12\/04\/a-couple-of-mistakes-that-new-entrepreneurs-should-take-steps-to-avoid\/"},"modified":"2023-04-05T14:56:09","modified_gmt":"2023-04-05T14:56:09","slug":"a-couple-of-mistakes-that-new-entrepreneurs-should-take-steps-to-avoid","status":"publish","type":"post","link":"https:\/\/grapevinemsp.com\/a-couple-of-mistakes-that-new-entrepreneurs-should-take-steps-to-avoid\/","title":{"rendered":"A Couple of Mistakes that New Entrepreneurs Should Take Steps to Avoid"},"content":{"rendered":"<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignleft size-full wp-image-1063\" src=\"https:\/\/sitesdev.net\/articles\/wp-content\/uploads\/2012\/12\/910278_47990856.jpg\" alt=\"\" width=\"300\" height=\"224\" \/>Revenue is the lifeblood of your business. If you run out of cash before you can manage to create an income that will sustain your business, the game is over. Tons of promising businesses run low on funds before they really get off the ground, and they fail miserably within a few short months or years. Here are three things you should avoid so you aren\u2019t just one more of those failed businesses.<\/p>\n<p><strong>Being \u201cFrugal\u201d about Your Needs<\/strong><\/p>\n<p>When you\u2019re traveling, conventional advice usually says that you should bring half as many clothes and twice as much cash. We have a similar rule in business: bring twice as much of everything you think you\u2019ll need. This means twice as much time, start-up money, and confidence.<\/p>\n<p>Everything always takes longer than it first appears, and when it doesn\u2019t, it\u2019s a downright miracle. There are costs that you will miss, mistakes that will happen, and road bumps that will appear without a second\u2019s worth of notice. You should be completely prepared for the absolute worst.<\/p>\n<p><strong>Starting Huge<\/strong><\/p>\n<p>It\u2019s okay to dream, and many entrepreneurs dream so big that their eyes are bigger than their wallets. Don\u2019t set yourself up for failure; set yourself up for success by figuring out what can wait and what is necessary right at this moment. Sure, you may need a professional office space so you can meet with clients, but maybe you don\u2019t yet need a whole suite with brand new computers and desks.<\/p>\n<p><strong>Buying Everything New<\/strong><\/p>\n<p>Not only is buying used eco-friendly, it\u2019s just good sense. You don\u2019t need to buy everything new because there are plenty of last-year models that are just as good as this year\u2019s. Sometimes a printer that has one less button but costs half of what the new model costs is the only way to go.<\/p>\n<p><em>Photo Credit: Scott Liddell<\/em><\/p>\n<p><a href=\"https:\/\/sitesdev.net\/articles\/2012\/12\/04\/a-couple-of-mistakes-that-new-entrepreneurs-should-take-steps-to-avoid\/\" rel=\"nofollow\">Used with permission from Article Aggregator<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Revenue is the lifeblood of your business. If you run out of cash before you can manage to create an income that will sustain your business, the game is over. Tons of promising businesses run low on funds before they really get off the ground, and they fail miserably within a few short months or [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v22.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A Couple Mistakes that New Entrepreneurs Should Avoid<\/title>\n<meta name=\"description\" content=\"Revenue is the lifeblood of your business. If you run out of cash before you can manage to create an income that will sustain your business...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/grapevinemsp.com\/a-couple-of-mistakes-that-new-entrepreneurs-should-take-steps-to-avoid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A Couple of Mistakes that New Entrepreneurs Should Take Steps to Avoid\" \/>\n<meta property=\"og:description\" content=\"Revenue is the lifeblood of your business. 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