Categories
Entrepreneurship

5 Financial Mistakes to Avoid When Starting a Business [Video]

5 Financial Mistakes to Avoid When Starting a Business

Being an entrepreneur is a crazy important financial decision to make. If you do it right, running a business can set your family up for generations to come, but if you mess it up, you can actually send your family into a debt spiral that can leave you feeling like bankruptcy is your only way out. So I’m breaking down 5 common financial mistakes that entrepreneurs make when starting their business and how you can avoid them.

**Affiliate Disclaimer:** Note this description contains affiliate links that allow you to find items mentioned in this video and support the channel at no cost to you. While this channel may earn minimal sums when the viewer uses the links, the viewer is in NO WAY obligated to use these links. Thank you for your support!

APP + AFFILIATE LINKS:

Kartra
https://selahmoney.krtra.com/t/efiD24XSTvdT

QuickBooks
https://www.referquickbooks.com/s/Tiana2

——————————————

00:00 Introduction
01:00 Budgeting for Expenses
04:06 Business Goals
06:12 Undercharging
08:21 Forgetting Customer Experience
10:42 Not Tracking Numbers
13:10 Final Thoughts

——————————————

Let’s connect on social media:
TikTok: https://www.tiktok.com/@tianabclewis
Facebook: https://www.facebook.com/tianabclewis
Instagram: https://www.instagram.com/tianabclewis
Twitter: https://twitter.com/TianaBClewis
LinkedIn: https://www.linkedin.com/in/tianabclewis

Want to support what’s happening on the channel and with Selah Money Ministries?
https://www.tianabclewis.com/support

——————————————

EQUIPMENT

Camera: j5 Create USB™ 4K ULTRA HD Webcam with 5x Digital Zoom Remote Control

Lighting: Andoer Softbox Lighting Kit 45W Bi-Color Dimmable LED Photography Studio Kit

Microphone: Rode Microphones Wireless GO II Dual Channel Wireless Microphone System

Recording Software: Ecamm Live

Editing Software: Adobe Premiere Pro

——————————————

CREDITS:
Subscribe Button by MrNumber112 https://youtu.be/Fps5vWgKdl0

Licensed under the Envato Elements License (https://elements.envato.com/license-terms)
– “Daydream Lo-Fi Hip-Hop” by lucafrancini

——————————————

Video hashtags: #smalllbusiness #businessmistakestoavoid #tianabclewis

Watch/Read More