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It’s no secret that entrepreneurs are always on the move. But, sometimes those moves can sabotage their business. Mistakes are a given. But real entrepreneurs learn from their mistakes.These 4 mistakes can be fatal to your business.

Mistake # 4: Giving Into Cash Flow Problems

korey howell

Don’t give into desperation. Sound judgment is paramount during these times.

  • Make sure you can deliver on your promises.
  • Never agree to a sale without a signed contract.

In closing, entrepreneurs have to learn to trust their judgment. They also have to hone their skills when turning away clients.

Mistake # 3: Working For Free

korey howell

Think twice about how and when you offer discounts. You don’t want customers to think that your product is not worth the full amount. Rather, use incentive sales and offer a bonus.

Mistake # 2: Undervaluing Yourself

korey howell

Think twice about how and when you offer discounts. You don’t want customers to think that your product is not worth the full amount. Rather, use incentive sales and offer a bonus.

Mistake # 1:Self-Deception

korey howell

It takes some time to figure out ideal clients for your business. Don’t practice self-deception.

  • Avoid working with small clients only because you think they may lead to bigger ones.
  • Work only with decision-makers.
  • Don’t work for free thinking it will get you a bigger lead.

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