What to Avoid When Starting a Business
So you've finally decided to start a business? You've explored the options for a website, you've got a cute logo, and you've got your products or service all figured out! But do you have an LLC? DO you have a policy for your services or products? Are you paying for shipping? Are you adding in state tax? Calm down, I'm just giving you perspective.
Here's the BIGGEST MISTAKES TO AVOID WHEN STARTING A BUSINESS!
A lot of product doesn't always mean a lot of sales: When starting out, having so much inventory can cost you and you're already putting unnecessary pressure on yourself to sell EVERYTHING you have. If you have products start out with 1-5, if you're offering a service start out with 1-3. This is going to be a lot easier on you to manage. Go up from there as you see fit.
Buying ads isn't always a guaranteed sale: Facebook & IG Ads aren't always the best way to go. Depending on how long you run the ads you could potentially see little reach. It may look as if it's costing nothing to you, but just imagine having to continuously do that week to week. Focus more on ORGANIC FOLLOWERS. These are the people that are going to interact most with your content, share it with friends, and engage. They GENIUENLY care about your business.
Going to a gun fight with a knife: In the beginning you'll probably be starting out by yourself. Handling the customers, filling the orders, handling your own finances and everything in between. At some point, you're going to need help. You may not be the best person when it comes to customer service, you may not be the most organized when it comes to your inventory, you may not even stay on top of your schedule! When you feel overwhelmed or feel like another person could take the load off, find the RIGHT PERSON WHO SHARES THE SAME MENTALITY AS YOU and let them help you. Even your idol businesses have someone to do something in every field.