[Guest Post] 4 Big Mistakes Business Owners Make During Growth & Expansion
I recently published an article on Addicted2Success.com where I focus on four big mistakes that most business owners do when they are expanding their business. I wanted to tell you about this post here, and if you like what you see, you may like to read the rest.
Anyways… this is how the post begins
Did you start your business so you could scrape by and live hand-to-mouth for the rest of your life? Of course not. You want to thrive, not survive.
Nobody would put themselves through the entrepreneurial roller coaster if they weren’t ambitious, or had grand dreams of growth, authority, and success. Where you are today may be great, but it isn’t where you desire to be next month, next year, or five years down the line… right?
I hear you, and it’s a great mindset to have because it is the only way to thrive in this fast-paced world. However, growth and expansion aren’t all rainbows and happiness. It poses real problems, which I discovered when I interviewed 163 successful people for my latest book, ‘The Successful Mistake.’
The problem with growth is, when you’re growing, everything zooms past you in a flash. You make quick decisions, you plan quick, and you improve quick (so you can continue your journey of growth). It’s a great position to be in, as it proves you’re doing something right.
Nonetheless, because of this, you increase your risk. Mistakes, failure, and adversity become a real issue, and the stakes rise each time. Many businesses slip into oblivion during periods of growth, yet this does not mean you have to a statistic.
If you wish to grow and expand while you keep your feet on the ground, listen up. Avoiding these mistakes may save your business (and life):
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