10 Mistakes That Start-up Entrepreneurs Make!

A.L.J said, "There are no excuses of not knowing, if the research is out there to gain the knowledge." In keeping with this quote, I read an article in the Wall Street Journal about the ten mistakes that start-up entrepreneurs make. This article explains in detail what strategies anyone should do if he/she wants to be a successful entrepreneur.

Out of the ten mistakes, there were two of them that intrigued me the most. For instance: Did you know that you can have too much start-up capital, or you can ask too many people for advice? According to Rosalind Resnick, the writer of this article, businesses that have too much start-up capital tend to linger away from their mission. Companies have an inclination to hire more employees than expected and waste valuable resources. The article suggests that companies save their leftover capital for a rainy day.

Can you ever do too much research? According to this article, you can! When you start-up a business, you should do intense research. But do not search too long! People who get advice from too many people tend to procrastinate. I strongly recommend business professionals to read this article; it is definitely informative and an eye opener.

.http://online.wsj.com/article/SB10001424052748703467004575463460389523660.html?mod=WSJ_hp_mostpop_read