Business owners are often scared of making mistakes. We know that one deadly mistake is enough to end the business and make it fold up and accumulate debts. But what should you avoid as a business owner?

What are the Deadly Mistakes that can end your business? Once you know what to avoid, you will make better decisions and save yourself time and energy.

I have compiled a list of 14 mistakes that you should look out for, in order to avoid if you are serious about being a successful business owner. I have explained them below, but here is a list of them:

1. Not taking your time to understand the nitty-gritty of the business
2. Not taking your time to choose and employ capable hands
3. Mixing Business Money with Personal Money
4. Not meeting up with agreed deadlines with clients
5. Ignoring Multiple complaints
6. Being too scared to take risks
7. Setting impossible goals/ Not writing your goals
8. Not welcoming feedback from clients
9. Not taking advantage of the Power of Social Media
10. Reducing the value of your products and services
11. Excessive Spending
12. Not spending enough
13. Lack of commitment
14. Selling the wrong product.

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