ROYTOHLOGY

Entrepeneur, Businessman, and Educator

Top 5 Mistakes New Entrepreneurs Make

Introduction

  • Acknowledging the challenges of starting a business.

1. Lack of a Clear Business Plan

  • Importance of having a structured plan.

2. Ignoring Market Research

  • The need to understand your audience and competitors.

3. Underestimating Costs

  • Common financial pitfalls and how to avoid them.

4. Neglecting Marketing

  • Strategies for effective marketing from the start.

5. Failing to Network

  • The value of building relationships in the business world.

Conclusion

  • Encouragement to learn from these mistakes and thrive.
Author: Roy Toh

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