Too many new handmade sellers start with marvelous positivism but end up burned out, frustrated, or financially worse off than when they began.
As easy as it is to make money, it is 100 times easier to lose it all if you make mistakes.
Most business owners try to lay the blame at the marketplace they are in or at buyers’ feet (yes, they often blame “unreasonable” customers) when in fact a little common sense and some awareness of common mistakes could have helped them to get off on the right foot.
The bad news is that you can make mistakes in the process of listing, marketing, and ultimately selling your products. The good news is that you can avoid making these mistakes as long as you’re aware of what they are.
If you want to avoid this situation, check this video to see what these mistakes are and how to avoid them:
What you will encounter:
#1: Wasted Services
#2: Legal Team
#3: Hiring Resumes Vs. Believers
#4: Residual Checks
#5: Liquid 911
#6: Profits Over Value
#7: Being Too Cheap
#8: Unrelated Businesses
#9: Active Vs. Passive Investors
#10: Diversify
Are you now curious what these things are about? Here’s what Patrick Bet-David from Valuetainment has to say about them:
So those are 10 of the worst mistakes business owners make with their money. If there are other mistakes, perhaps that you’ve made yourself, please let us know in the comment box below.
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