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	<title>Comments on: 7 Business Mistakes That Nearly Broke Me&#8230; Literally</title>
	<atom:link href="http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/</link>
	<description>I&#039;m Kind of a Big Deal</description>
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		<item>
		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-64240</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Wed, 10 Mar 2010 07:42:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-64240</guid>
		<description>It probably would have made you millions ;)</description>
		<content:encoded><![CDATA[<p>It probably would have made you millions <img src='http://www.quicksprout.com/wp-includes/images/smilies/icon_wink.gif' alt=';)' class='wp-smiley' /> </p>
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		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-64239</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Wed, 10 Mar 2010 07:42:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-64239</guid>
		<description>Yes, new and old. I found that many old timers were able to pick and choose some useful apps.</description>
		<content:encoded><![CDATA[<p>Yes, new and old. I found that many old timers were able to pick and choose some useful apps.</p>
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		<title>By: Dr. Michael Haley</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-64219</link>
		<dc:creator>Dr. Michael Haley</dc:creator>
		<pubDate>Tue, 09 Mar 2010 18:58:25 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-64219</guid>
		<description>What an important article for new business people!</description>
		<content:encoded><![CDATA[<p>What an important article for new business people!</p>
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		<title>By: Dr. Michael Haley</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-64218</link>
		<dc:creator>Dr. Michael Haley</dc:creator>
		<pubDate>Tue, 09 Mar 2010 18:57:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-64218</guid>
		<description>I wish I knew those things 15 years ago when I started my business... it would have save me thousands!</description>
		<content:encoded><![CDATA[<p>I wish I knew those things 15 years ago when I started my business&#8230; it would have save me thousands!</p>
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		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-64002</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Fri, 05 Mar 2010 03:04:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-64002</guid>
		<description>Good for you, at least it was taken care of.</description>
		<content:encoded><![CDATA[<p>Good for you, at least it was taken care of.</p>
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		<title>By: Bodywork</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-63990</link>
		<dc:creator>Bodywork</dc:creator>
		<pubDate>Thu, 04 Mar 2010 23:02:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-63990</guid>
		<description>&lt;strong&gt;Bodywork...&lt;/strong&gt;

The engine used no fossil fuel no giant 300 pound batteries, but a self contained 346hp fluid dynamics worm drive powerplant. Already capable of going into any vehicle here in the US. The engine is a combination of electrical and fluid dynamics to prod...</description>
		<content:encoded><![CDATA[<p><strong>Bodywork&#8230;</strong></p>
<p>The engine used no fossil fuel no giant 300 pound batteries, but a self contained 346hp fluid dynamics worm drive powerplant. Already capable of going into any vehicle here in the US. The engine is a combination of electrical and fluid dynamics to prod&#8230;</p>
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		<title>By: Al L.</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-63901</link>
		<dc:creator>Al L.</dc:creator>
		<pubDate>Wed, 03 Mar 2010 21:08:06 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-63901</guid>
		<description>Thanks for this post, Neil.  It jogged in my mind that we had not followed up on a receivable from one of our larger customers.  Job now done.  Many thanks.</description>
		<content:encoded><![CDATA[<p>Thanks for this post, Neil.  It jogged in my mind that we had not followed up on a receivable from one of our larger customers.  Job now done.  Many thanks.</p>
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		<title>By: 7 Business Mistakes to Avoid &#124; Eric Zirkle</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-63617</link>
		<dc:creator>7 Business Mistakes to Avoid &#124; Eric Zirkle</dc:creator>
		<pubDate>Fri, 26 Feb 2010 20:21:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-63617</guid>
		<description>[...] Patel wrote a pretty interesting post over at QuickSprout titled 7 Business Mistakes That Nearly Broke Me… Literally. As you probably know Neil already founded many companies and online businesses, so [...]</description>
		<content:encoded><![CDATA[<p>[...] Patel wrote a pretty interesting post over at QuickSprout titled 7 Business Mistakes That Nearly Broke Me… Literally. As you probably know Neil already founded many companies and online businesses, so [...]</p>
]]></content:encoded>
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		<title>By: 53 Ways to Become a Better Entrepreneur &#171; Internet Marketing Strategies and Technology</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-62607</link>
		<dc:creator>53 Ways to Become a Better Entrepreneur &#171; Internet Marketing Strategies and Technology</dc:creator>
		<pubDate>Mon, 15 Feb 2010 05:48:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-62607</guid>
		<description>[...] Learn from other people’s mistakes. [...]</description>
		<content:encoded><![CDATA[<p>[...] Learn from other people’s mistakes. [...]</p>
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		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-61067</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Wed, 13 Jan 2010 06:23:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-61067</guid>
		<description>Well... you the truth is that it&#039;s pretty much everyone&#039;s issue. That&#039;s what we&#039;re are going after...</description>
		<content:encoded><![CDATA[<p>Well&#8230; you the truth is that it&#8217;s pretty much everyone&#8217;s issue. That&#8217;s what we&#8217;re are going after&#8230;</p>
]]></content:encoded>
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		<title>By: Voyage Montreal</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-60988</link>
		<dc:creator>Voyage Montreal</dc:creator>
		<pubDate>Sun, 10 Jan 2010 03:08:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-60988</guid>
		<description>Money was my biggest issue</description>
		<content:encoded><![CDATA[<p>Money was my biggest issue</p>
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		<title>By: The Less You Know, The More Money You’ll Make</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-60680</link>
		<dc:creator>The Less You Know, The More Money You’ll Make</dc:creator>
		<pubDate>Mon, 04 Jan 2010 16:32:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-60680</guid>
		<description>[...] 7 Business Mistakes That Nearly Broke Me&#8230; Literally [...]</description>
		<content:encoded><![CDATA[<p>[...] 7 Business Mistakes That Nearly Broke Me&#8230; Literally [...]</p>
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		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-60612</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Sun, 03 Jan 2010 23:08:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-60612</guid>
		<description>Well that&#039;s going to be a problem or issue anyone would have before they launch their &quot;big&quot; product. You really don&#039;t know how it&#039;ll do in the market unless you actually test it out first.</description>
		<content:encoded><![CDATA[<p>Well that&#8217;s going to be a problem or issue anyone would have before they launch their &#8220;big&#8221; product. You really don&#8217;t know how it&#8217;ll do in the market unless you actually test it out first.</p>
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		<title>By: Quality Motto</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-60530</link>
		<dc:creator>Quality Motto</dc:creator>
		<pubDate>Fri, 01 Jan 2010 01:13:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-60530</guid>
		<description>OMG, I almost delay my product launching if I didn&#039;t found this article.  But trying to compare with yours, my main problem has no relation with perfection, I am just afraid whether it&#039;s gonna have good response from the people or not. :(</description>
		<content:encoded><![CDATA[<p>OMG, I almost delay my product launching if I didn&#8217;t found this article.  But trying to compare with yours, my main problem has no relation with perfection, I am just afraid whether it&#8217;s gonna have good response from the people or not. <img src='http://www.quicksprout.com/wp-includes/images/smilies/icon_sad.gif' alt=':(' class='wp-smiley' /> </p>
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		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-59814</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Mon, 21 Dec 2009 06:36:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-59814</guid>
		<description>If you&#039;ve been able to do it once, you&#039;ll be able to do it again. True successful people can go broke and successful with ease.</description>
		<content:encoded><![CDATA[<p>If you&#8217;ve been able to do it once, you&#8217;ll be able to do it again. True successful people can go broke and successful with ease.</p>
]]></content:encoded>
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		<title>By: Textbook Rental</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-59534</link>
		<dc:creator>Textbook Rental</dc:creator>
		<pubDate>Fri, 18 Dec 2009 17:26:15 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-59534</guid>
		<description>Thank you, my mom did something similar in business and gave it all away when I was studding in college I realized I could always learn specialized knowledge but it was the business expertise that would keep me in the game.</description>
		<content:encoded><![CDATA[<p>Thank you, my mom did something similar in business and gave it all away when I was studding in college I realized I could always learn specialized knowledge but it was the business expertise that would keep me in the game.</p>
]]></content:encoded>
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	<item>
		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-59086</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Wed, 16 Dec 2009 02:00:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-59086</guid>
		<description>Thanks bud... if you take the time to comment, I&#039;ll take the time to respond.</description>
		<content:encoded><![CDATA[<p>Thanks bud&#8230; if you take the time to comment, I&#8217;ll take the time to respond.</p>
]]></content:encoded>
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		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-59085</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Wed, 16 Dec 2009 01:59:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-59085</guid>
		<description>If you find yourself on 4-5 different projects and not finishing anyone of them... your probably spreading yourself too thin.  If you focus on the next venture etc... you may then be loosing a previous opportunity. Luckily... opportunities come and go so maintain your focus.</description>
		<content:encoded><![CDATA[<p>If you find yourself on 4-5 different projects and not finishing anyone of them&#8230; your probably spreading yourself too thin.  If you focus on the next venture etc&#8230; you may then be loosing a previous opportunity. Luckily&#8230; opportunities come and go so maintain your focus.</p>
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		<title>By: forum</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-58967</link>
		<dc:creator>forum</dc:creator>
		<pubDate>Tue, 15 Dec 2009 11:42:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-58967</guid>
		<description>Its fact Neil, Quicksprout is really much informatic blog.
I too mostly visit it for the sake of knowledge.
Your way of reply to each comment is also much impressive</description>
		<content:encoded><![CDATA[<p>Its fact Neil, Quicksprout is really much informatic blog.<br />
I too mostly visit it for the sake of knowledge.<br />
Your way of reply to each comment is also much impressive</p>
]]></content:encoded>
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		<title>By: Sözlük</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-58966</link>
		<dc:creator>Sözlük</dc:creator>
		<pubDate>Tue, 15 Dec 2009 11:41:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-58966</guid>
		<description>Just an inkling thought, How do we know if we are really spreading thin or just losing out an opportunity. BTW, the problem with wrong decisions is that they always seem wrong at hindsight....</description>
		<content:encoded><![CDATA[<p>Just an inkling thought, How do we know if we are really spreading thin or just losing out an opportunity. BTW, the problem with wrong decisions is that they always seem wrong at hindsight&#8230;.</p>
]]></content:encoded>
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		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-57811</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Tue, 08 Dec 2009 05:36:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-57811</guid>
		<description>It happens to the best of us... but everyone just needs to realize that mistakes are simply a  part of the game.</description>
		<content:encoded><![CDATA[<p>It happens to the best of us&#8230; but everyone just needs to realize that mistakes are simply a  part of the game.</p>
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		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-57792</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Tue, 08 Dec 2009 05:21:41 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-57792</guid>
		<description>lol... yeah that&#039;s true but it&#039;s different for different scenarios. That step program is a great way to protect yourself.</description>
		<content:encoded><![CDATA[<p>lol&#8230; yeah that&#8217;s true but it&#8217;s different for different scenarios. That step program is a great way to protect yourself.</p>
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		<title>By: monik</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-57718</link>
		<dc:creator>monik</dc:creator>
		<pubDate>Mon, 07 Dec 2009 18:43:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-57718</guid>
		<description>Your First Mistake was the one which everyone makes i suppose.  Humans are damn greedy and too many opportunities don&#039;t allow someone to think, all they want is to tap out as many as possible.

Practically it becomes impossible to be able to manage all of them, after all the age old theory, one task at a time will make it a success, comes in.</description>
		<content:encoded><![CDATA[<p>Your First Mistake was the one which everyone makes i suppose.  Humans are damn greedy and too many opportunities don&#8217;t allow someone to think, all they want is to tap out as many as possible.</p>
<p>Practically it becomes impossible to be able to manage all of them, after all the age old theory, one task at a time will make it a success, comes in.</p>
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		<title>By: Brian P</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-57640</link>
		<dc:creator>Brian P</dc:creator>
		<pubDate>Mon, 07 Dec 2009 02:37:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-57640</guid>
		<description>Yea whenever I do projects for freelancing I do a step payment plan.  I will complete a process and I need to get paid or else I will not go to the next step.

100k not paid I would cry lol</description>
		<content:encoded><![CDATA[<p>Yea whenever I do projects for freelancing I do a step payment plan.  I will complete a process and I need to get paid or else I will not go to the next step.</p>
<p>100k not paid I would cry lol</p>
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		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-56295</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Wed, 25 Nov 2009 06:16:10 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-56295</guid>
		<description>You absolutely can... you need to push yourself to your limits.</description>
		<content:encoded><![CDATA[<p>You absolutely can&#8230; you need to push yourself to your limits.</p>
]]></content:encoded>
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		<title>By: The 7 Harsh Realities of Starting a Business</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-56178</link>
		<dc:creator>The 7 Harsh Realities of Starting a Business</dc:creator>
		<pubDate>Tue, 24 Nov 2009 16:41:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-56178</guid>
		<description>[...] If you still aren’t a believer remember you have your own business because you are here to make money. And if you don’t do what each of your bosses (customers) want, your business will go bankrupt. [...]</description>
		<content:encoded><![CDATA[<p>[...] If you still aren’t a believer remember you have your own business because you are here to make money. And if you don’t do what each of your bosses (customers) want, your business will go bankrupt. [...]</p>
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		<title>By: lung cancer survival rate</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-56169</link>
		<dc:creator>lung cancer survival rate</dc:creator>
		<pubDate>Tue, 24 Nov 2009 15:22:51 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-56169</guid>
		<description>Everyday I am learning and motivate myself and hopefully I can achieve my target I wanted.</description>
		<content:encoded><![CDATA[<p>Everyday I am learning and motivate myself and hopefully I can achieve my target I wanted.</p>
]]></content:encoded>
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		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-55624</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Wed, 18 Nov 2009 06:18:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-55624</guid>
		<description>The persistence someone has during their journey toward success is the &quot;fuel&quot; that helps them get there. Without the fuel, you&#039;ll be stuck some where in between success and failure.</description>
		<content:encoded><![CDATA[<p>The persistence someone has during their journey toward success is the &#8220;fuel&#8221; that helps them get there. Without the fuel, you&#8217;ll be stuck some where in between success and failure.</p>
]]></content:encoded>
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		<title>By: Neil Patel</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-55623</link>
		<dc:creator>Neil Patel</dc:creator>
		<pubDate>Wed, 18 Nov 2009 06:17:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-55623</guid>
		<description>Spreading yourself thin originally always looks or sounds like a good idea.. but really its just setting yourself up for a big fall.</description>
		<content:encoded><![CDATA[<p>Spreading yourself thin originally always looks or sounds like a good idea.. but really its just setting yourself up for a big fall.</p>
]]></content:encoded>
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	<item>
		<title>By: Home Business</title>
		<link>http://www.quicksprout.com/2009/01/14/7-business-mistakes-that-nearly-made-me-go-broke/#comment-55595</link>
		<dc:creator>Home Business</dc:creator>
		<pubDate>Wed, 18 Nov 2009 01:17:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.quicksprout.com/?p=519#comment-55595</guid>
		<description>Thanks Neil.

Steve Pavalina talked about business start ups in one of his blog posts. He mentioned letting a business idea get some traction, some results before worrying about entity type, even licensing....

I agree to a point. Timing is probably a key factor in determining business entity, but agreed, very important.

Your final point on never giving up. Thats big. If there were on characteristic that most all successful people, enterprises, and business start ups possess, it has to be persistance.

Reaching a number of points where I said to myself &quot; this is probably where most people would just quit &quot; was part of my first successful business.  I have since worked at being at the front end, in the projection zone, of business. Its more peaceful, there are still surprises, but less extreme. 

thanks for the great post.</description>
		<content:encoded><![CDATA[<p>Thanks Neil.</p>
<p>Steve Pavalina talked about business start ups in one of his blog posts. He mentioned letting a business idea get some traction, some results before worrying about entity type, even licensing&#8230;.</p>
<p>I agree to a point. Timing is probably a key factor in determining business entity, but agreed, very important.</p>
<p>Your final point on never giving up. Thats big. If there were on characteristic that most all successful people, enterprises, and business start ups possess, it has to be persistance.</p>
<p>Reaching a number of points where I said to myself &#8221; this is probably where most people would just quit &#8221; was part of my first successful business.  I have since worked at being at the front end, in the projection zone, of business. Its more peaceful, there are still surprises, but less extreme. </p>
<p>thanks for the great post.</p>
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