Trying to Grow Too Fast

Another aspect of your business plan should be how you want to grow or scale-up your business. The mistake many make is trying to build up too fast thinking that quantity is key. In other words, rushing to offer a lot of products or services thinking there is numbers in volume.

While that may work in certain niches, it is usually much better to put up a few quality products that address the needs of your audience, instead of taking the “shotgun” approach and put up a bunch of inferior ones that really don’t solve anything for them. To know the difference is again a knowing your audience thing.

Starting out, you are a one-person show having to do everything yourself, so you are going to have limited time to produce content with all the other things going on. Don’t burn yourself from the very beginning! Start with one good product and add more, or improve the existing products, when you have the time, energy and knowledge about your audience.

By avoiding making these 5 mistakes we've talked about over the last month, you will be far in front of the rest of the pack just starting out. This can give you an advantage and a kickstart to your business. To your success!