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Ethan Dysert: 4 Common Mistakes That Entreprenuers Make

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No entrepreneur is perfect. These slides look at 4 of the most common mistakes that entrepreneur make.

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Ethan Dysert: 4 Common Mistakes That Entreprenuers Make

  1. 1. 4 C o m m o n M i s t a k e s T h a t E n t r e p r e n u e r s M a k e www.Ethanmdysert.com
  2. 2. B e i n g I m p a t i e n t S u c c e s s t a k e s h a r d w o r k , t a l e n t , l u c k , a n d , m a y b e m o s t i m p o r t a n t l y , t i m e . M a n y f i r s t - t i m e b u s i n e s s e s f a i l b e c a u s e t h e o w n e r d o e s n ’ t p r e p a r e f o r s e t b a c k s o r r e a l i z e h o w l o n g s u c c e s s t a k e s . D o n ’ t e x p e c t s u c c e s s t o h a p p e n j u s t b e c a u s e y o u b e l i e v e i n y o u r b u s i n e s s . B e p r e p a r e d t o f a c e a n y c h a l l e n g e s , a n d y o u ’ l l i n c r e a s e y o u r c h a n c e s o f b e i n g s u c c e s s f u l o v e r t i m e . 1
  3. 3. R e f u s i n g t o D e l e g a t e T h e b e s t e n t r e p r e n e u r s r e c o g n i z e t h a t t h e y c a n ’ t d o e v e r y t h i n g . U n d e r s t a n d y o u r s t r e n g t h s , a n d r e c r u i t p e o p l e w h o u n d e r s t a n d o t h e r a s p e c t s o f t h e b u s i n e s s y o u ’ r e b u i l d i n g . M a n y e n t r e p r e n e u r s f a i l b e c a u s e t h e y t r y t o m a n a g e e v e r y a s p e c t o f t h e b u s i n e s s . S u r r o u n d y o u r s e l f w i t h t h e r i g h t t e a m o f p e o p l e , a n d y o u ' l l i n c r e a s e y o u r c h a n c e s o f s u c c e s s . 2
  4. 4. L a c k o f P a s s i o n I f y o u ’ r e n o t p a s s i o n a t e a b o u t w h a t y o u ’ r e d o i n g , y o u ’ r e s e t t i n g y o u r s e l f u p f o r f a i l u r e . T r u e s u c c e s s i s m o r e t h a n j u s t m a k i n g m o n e y . I t ’ s a l s o a b o u t b e i n g f u l f i l l e d b y t h e c a r e e r p a t h y o u h a v e c h o s e n . W h e n y o u p u r s u e s o m e t h i n g t h a t y o u ’ r e p a s s i o n a t e a b o u t , y o u ’ l l l o o k f o r w a r d t o e a c h d a y , a n d y o u ' l l h a v e m o r e f u n . 3
  5. 5. R e f u s i n g t o A d a p t T h e m o s t s u c c e s s f u l e n t r e p r e n e u r s r e c o g n i z e t h e i m p o r t a n c e o f b e i n g a b l e t o a d a p t . E v e n i f y o u h a v e s e e n s u c c e s s w i t h y o u r b u s i n e s s , i t ’ s i m p o r t a n t t o n o t b e c o m e c o m p l a c e n t . T e s t , g r o w , e x p l o r e , a n d a d a p t . T h e g r e a t e s t e n t r e p r e n e u r s n e v e r s t o p c h a l l e n g i n g t h e m s e l v e s . T h e y n e v e r s t o p l e a r n i n g . A d o p t a n a d a p t a b l e a t t i t u d e , a n d w h e n i t ’ s n e c e s s a r y t o c h a n g e , y o u ’ l l b e r e a d y f o r i t . 4

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