6 biggest mistakes

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  • date post

    02-Aug-2015
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    Business

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Transcript of 6 biggest mistakes

1. * Entrepreneur love good idea/product* Confusing product vs business* Its never what you do, its how you do it!Find PAIN of the market 2. * Most people addicted to the speed* Speed kills, so complex, high skillFollow the process, train & equip yourself 3. * Tend to believe technical success * Nothing to do with business successBusiness success required business skills 4. * Over exited about the idea * Tend to ignore risk * Optimistic is critical, over exited is CrazyRisk & Reward analysis - Critical Thinking 5. * Market, competition, customer change* Doesnt engage with the business* Loose PassionInnovate! 6. * Profit vs cash* Dont know how to play Business growth strategy