In this presentation we look at common mistakes made by entrepreneurs that are often overlooked despite the problems those mistakes tend to cause.

1. THE 7 BIGGEST MISTAKES
ENTREPRENEURS MAKE (AND
HOW TO AVOID THEM)

2. Even if you have the best business idea in the world, launching it can be challenging. And if you’re
new to business, you might not even know what you don’t know. But don’t worry! You can learn from
other entrepreneurs’ mistakes and become better prepared to make your own decisions about your
business. Here are some of the most common mistakes that even experienced entrepreneurs make,
and some tips to avoid them when starting your own business.

3. YOU DON’T HAVE A NICHE

4. One of the biggest mistakes entrepreneurs make is not having a niche. It’s important to focus on a
specific target market and not try to be everything to everyone.

5. YOU ARE NOT CONSISTENT

6. One of the most important keys to success is consistency. When you’re first starting out, it’s easy to be
all over the place and not have a clear focus.

7. YOU MISS OPPORTUNITIES

8. When you're starting a business, there are a million things to do and it's easy to get overwhelmed.
But if you're not careful, you might miss out on opportunities that could help your business grow. Here
are some common mistakes entrepreneurs make when it comes to opportunity

9. YOU WORK ON TOO MANY PROJECTS AT
ONCE

10. One of the biggest mistakes entrepreneurs make is trying to do too much at once. When you're first
starting out, it's important to focus on one thing and see it through before moving on to the next.
Otherwise, you'll just end up spreading yourself too thin and not making any real progress.

11. YOU DON’T PROTECT YOUR BUSINESS ASSETS

12. If you don’t take steps to protect your business assets, you could be putting your business at risk. One
way to do this is to create a limited liability company (LLC). This will help shield your personal assets
from any debts or liabilities incurred by your business. You should also get insurance to protect your
business against any potential risks.

13. YOU FAIL TO DELEGATE TASKS

14. One of the most common mistakes entrepreneurs make is failing to delegate tasks. When you're first
starting out, it's easy to feel like you have to do everything yourself. But as your business grows, you'll
quickly realize that you can't do it all alone. Delegating tasks is essential for maintaining a healthy
work-life balance and ensuring that your business runs smoothly. Here are a few tips for delegation

15. YOU DON’T GIVE YOURSELF REWARDS

16. As an entrepreneur, you are always working. You’re always hustling and grinding, trying to make
your dream a reality. But what happens when you finally reach your goal? What do you do then? A
lot of entrepreneurs don’t give themselves enough credit—or any credit at all. They don’t celebrate
their accomplishments because they feel like they haven’t done enough. But the truth is, you have to
celebrate your successes, no matter how big or small they may be.

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18. LUKE DELAROYCE
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