The author has often been asked, "What is the biggest mistake you've made in your business?" And the first one that comes to mind was not creating and selling products much sooner. He was in business for years and years before he created his first product. Up to that point...
Mistakes are an everyday part of running a small business. There are bookkeeping miscues, quality control problems and just plain human errors. While these problems hinder profit, by themselves they’re not likely to ruin your business. Some mistakes, though, are unique to a family business. And can prove dangerous to...
Many missteps occur because new owners insist on doing everything themselves. Instead, review what you do best and try to delegate or outsource the expertise you lack. And when the inevitable errors do arise, remember the old adage: Learn from your mistakes. If you keep an open mind and heed...
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