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25 ways to fail your newborn business

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25 ways to fail your newborn business

  1. 1. 25 ways to fail your newborn business
  2. 2. myself and my business money management and self- management leadership sales and marketing
  3. 3. Be The Boss, not The Leader. 1. Show your co-founders who is the boss. 2. Forget to explain the strategy or ask your team members to deliver it. 3.Fail your own deadlines. 4. Limit your activity with representative functions. 5. Never forget that no one will do the stuff better than yourself.
  4. 4. «We rise by lifting others» Robert Ingersoll
  5. 5. Take it easy, baby, Take it as it comes! 1. Ignore the routine. 2. Think big, never plan small steps. 3. Never change your plan once you fix it. 4. Never say «no» to anything. Try it all. 5. Let your mood rule your agenda.
  6. 6. «Vision without action is merely a dream. Action without vision just passes the time. Vision with action can change the world.» Joel A. Barker
  7. 7. Trust your intuition, numbers suck. 1.Underestimate your competitors. 2.Overestimate human desire to try new things. 3.Always listen to your internal voice. 4.Create pages in social networks and abandon them all. 5.Pray to get new customers.
  8. 8. «Marketing without data is like driving your car with eyes closed.» Dan Zarrella
  9. 9. Sell your house to build your business. 1. Underestimate the money you will need for launch. 2. Be sure: the more money you spend, the more you get. 3. Risk all you have: your new idea definitely worths financial sacrifice. 4. Do not divide your personal and business spendings. 5. Do not try to raise additional money - do it yourself!
  10. 10. «Never spend your money before you have earned it.» Thomas Jefferson
  11. 11. Forget yourself while building your business • Start something you do not really enjoy. • Do not sleep, do not eat, do not see your kids growing. • Burn out asap. • Think you can do it all alone. • Be afraid to fail.
  12. 12. «There is only one success - to be able to spend your life in your own way.» Christopher Morley You are the Fifth Element.

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