Being an entrepreneur is exciting! But there are a lot of pitfalls out there that hurt entrepreneurs. You need to know what those are, and luckily, here are some tips!

1. Entrepreneurial
By Adam Kidan
Common
Pitfalls

2. Making things too
complex
• It’s a good idea to start small!
• You might want to build something complicated, but
that’s only going to get you away from the direction
you should be taking

3. Not thinking long-
term
• Launching any business is a
marathon, not a sprint!
• It’s going to consume just about
every bit of energy you have, make
sure it’s something you’re
passionate about

4. Thinking you can do
it alone • You might think you have all the ideas,
but ultimately you aren’t going to want
to work every single day!
• It pays to get a co-founder

5. Fearing !
the !
customer
• Make sure that you get customer feedback
as early as possible!
• You might be afraid to speak to customers
about a new business idea, but if you don’t
keep their feedback in consideration, then
you’ll be building a business without
knowing your customers’ needs

6. Not learning
anything
• You want to start
slow and master
the essentials one
step at a time!
• It doesn’t matter if
you do everything
perfectly, just as
long as you’re
doing it and
learning.

7. Being stingy
• Money might be tight, but you
don’t want to cut corners with
certain things!
• Pay to make sure you get good
employees, branding, graphic
design and solid legal counsel !
• Skimping with these will come
back to haunt you.

8. Not networking
• You can’t be a
successful
entrepreneur
without a good
network!
• Build your own
professional
personal brand as
well!
• Take advantage
of your social
media presence

9. Juggling between side-
projects
• A successful
entrepreneur doesn’t
waste their time
between five different
projects at a time!
• Concentrate on your
core business, and
don’t let yourself lose
focus.

10. Getting !
out of
perspective
• Your business’ health, strength and
success are a direct reflection of you!
• Work hard, but never forget to take
care of yourself, otherwise your
business will suffer