Comments on: 10 Mistakes You’ll Make When Starting a Business

By: AIEEE 2012

AIEEE 2012 — Tue, 20 Sep 2011 20:32:18 +0000

Very helpful advice. I’m considering starting a business and this list has given me a lot to think about before going in. Thanks!

By: 6 Reasons You Won’t Succeed « Fast Ninja Blog by Freelanceful – Web Design | Coding | Freelancing

Mon, 15 Aug 2011 00:30:15 +0000

[...] you want to succeed in the business world you have to learn how to make decisions based off of logic and not emotion. It’s not always going to be easy, but it’s what you have to do to make wise decisions. If for [...]

By: 6 Reasons You Won’t Succeed

6 Reasons You Won’t Succeed — Wed, 22 Jun 2011 07:24:30 +0000

By: Neil Patel

Neil Patel — Mon, 06 Jun 2011 01:51:43 +0000

Great point! The customer is what drives the business.

By: Naser @ Best Tips For Blogging

Naser @ Best Tips For Blogging — Sat, 04 Jun 2011 11:53:14 +0000

You are right Neil, customers are blood life of any business, if a business does not have customers, then it is waste. We need to take care of our valuable customers.

By: ONLINE SHOPPING | Online Shopping!!!

ONLINE SHOPPING | Online Shopping!!! — Thu, 02 Jun 2011 09:30:47 +0000

[...] lower prices. Sometimes you can get online coupons for purchasing. Before going for online shopping surveyingabout the online shops would help you to get the better product. You can also get through about the [...]

By: Surveying Details | Professional Educations

Surveying Details | Professional Educations — Thu, 02 Jun 2011 09:05:13 +0000

[...] science and art process and determines the record to relative position of the several points. The surveying is collect the different people and skill, background details and uses the range of equipment and [...]

By: Neil Patel

Neil Patel — Wed, 01 Jun 2011 19:40:17 +0000

Very good points. I like: solutions sell, not products I hope you don’t mind if I use it. Thanks!

By: Adarsh

Adarsh — Wed, 01 Jun 2011 02:03:12 +0000

I’d prefer to start out as a consultant. That way, you have some clients in hand and then after you gain some traction, you can form a company.

The biggest mistake I see people make is not planning enough. Sometimes they have a great business idea, but it fails. Other times, they have a poor business idea, but it goes through OK. The difference in these two, is planning.

Do market research carefully and your efforts will be rewarded. Solutions sell, not products.

Most people start online business thinking they don’t have to meet other people like in normal business. While it’s true to some extend, to really be successful, you need to network a lot

By: What Robert De Niro Knows That You Don’t About Business

What Robert De Niro Knows That You Don’t About Business — Thu, 26 May 2011 17:50:33 +0000

[...] make rookie mistakes, but as you continue your entrepreneurial journey you’ll be less likely to make mistakes and sooner or later you’ll start [...]

By: when biz is not fun - think again | chiorimedia.com

when biz is not fun - think again | chiorimedia.com — Thu, 19 May 2011 17:28:10 +0000

[...] – I can’t stress this enough, but business and emotions don’t mix. With every decision you make you need to learn to make it with logic even if that means your ego [...]

By: Neil Patel

Neil Patel — Fri, 15 Apr 2011 17:45:13 +0000

Yes, maybe haha. I suggest you do some market research in your area. Find the demand for your product, which will be relatively high, then go out and make it happen. If it’s web-based get a website. If it’s not, utilize other avenues for spreading information about your product. Good luck!

By: Lebeaux

Lebeaux — Fri, 15 Apr 2011 08:51:16 +0000

Any advice for starting a business on a more service related level? I want to start my own design/photography business. So far i just have the idea! Any help would be much appreciated. Hey we could do business one day, you never know!

By: Don’t get emotional | DIY Business Association

Don’t get emotional | DIY Business Association — Mon, 28 Mar 2011 19:15:40 +0000

[...] Read more down-and-dirty advice in Neil Patel’s “10 Mistakes You’ll Make When Starting a Business.” [...]

By: Neil Patel

Neil Patel — Tue, 22 Feb 2011 00:12:03 +0000

People don’t want to work with partners because they want to keep more cash, but what they don’t understand is that by having a partner, you get more perspectives, not to mention contacts.

By: Find A Language Teacher

Find A Language Teacher — Fri, 18 Feb 2011 05:02:23 +0000

Probably the biggest mistake I made running my first business is not working with a partner. Even if you look at bouncing ideas back and forth can make a whole lot of difference. Let alone that your work hours are doubled.

By: Neil Patel

Neil Patel — Wed, 05 Jan 2011 17:05:54 +0000

That’s perfect because she has the experience and know-how to make it happen.

By: Tom - Business Consulting

Tom - Business Consulting — Thu, 30 Dec 2010 21:34:54 +0000

When my wife was starting her tutoring business, I thought she should hire tutors before she had clients. My thoughts were that she was only paying them when they worked, and that she’d have them ready when she needed them.

Thank goodness I talked to my boss first. He told me that trying to find people to cover our business would be a good problem to have. My wife tutors and has since hired more people, and she knows exactly what they are facing because she’s been there the whole time.

By: Business isn’t fun!

Business isn’t fun! — Thu, 30 Dec 2010 01:46:27 +0000

[...] – I can’t stress this enough, but business and emotions don’t mix. With every decision you make you need to learn to make it with logic even if that means your ego [...]

By: Neil Patel

Neil Patel — Wed, 22 Dec 2010 00:07:23 +0000

I am.

By: chung

chung — Mon, 20 Dec 2010 01:02:47 +0000

Neil, I gotta ask…are you one of the mentors who offer free mentorship as a way of giving back to the entrepreneurial community?

By: Neil Patel

Neil Patel — Tue, 26 Oct 2010 23:53:45 +0000

Right, if you don’t add a little fun to your life, you’ll quickly become miserable.

By: electronic reviews

electronic reviews — Sun, 24 Oct 2010 01:03:43 +0000

love this post.. Not too sure about point 3 though. Sometimes I think thats what makes the great businessmen special the fact that they use a little bit more than cold hard logic. Point 10 I am in total agreement. This jack is getting a bit too dull! Need to start playing

By: Neil Patel

Neil Patel — Tue, 19 Oct 2010 17:42:11 +0000

I disagree. Everyone on the planet has 1 thing in common… time. So you and people like Donald Trump, Bill Gates, etc. have the same amount of time, they just know how to use it effectively. Learn from people like them

By: Cathrine gabler

Cathrine gabler — Fri, 15 Oct 2010 10:02:18 +0000

Neil, Whatever you have said over here is true. First I have belief that Slow and steady will win the race and spend only 6 hours actively. But today 24 hours is not enough for me.

By: Neil Patel

Neil Patel — Mon, 04 Oct 2010 17:25:02 +0000

Yeah.. it’s normal… just remember it’s not about how many times you fall down, it’s about how many times you get up.

By: Neil Patel

Neil Patel — Mon, 04 Oct 2010 16:41:30 +0000

Asking for help is definitely the right thing to do, especially if you want to grow.

By: bikram

bikram — Sat, 02 Oct 2010 06:48:17 +0000

“Don’t expect miracles with your first business”, I think we all have high hopes when we start a new business.

By: Joseph

Joseph — Thu, 30 Sep 2010 18:12:51 +0000

I really like point #9 — there’s nothing wrong with asking for help. Actually, asking questions is the number one way to get help, and people are super happy to answer questions as long as they have time. Asking the right expert can save you from doing hours of research. Spot on, Neil!

By: Neil Patel

Neil Patel — Wed, 22 Sep 2010 16:07:39 +0000

Very true, when you’re dealing with people like that in the computer business, it’s very difficult to deal with them at times.