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.
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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
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Video hashtags: #smalllbusiness #businessmistakestoavoid #tianabclewis