Top Four Young Entrepreneur Mistakes

[Stefanie]

According to Youngmoney.com, these are the four most common mistakes made by young entrepreneurs:

1) Not enough networking
2) Not prepared for the work load
3) Lack of confidence
4) Afraid to ask family and friends for help

I would add to this list not getting started in the first place. But, if these are your problems, I would suggest checking out Keith Ferrazzi's Never Eat Alone, and Guy Kawasaki's The Art of the Start, both of which provide great tactics for getting to that next level.

[mphcoach]

Feel The Fear And Do It AnyWay - Susan Jeffers

How To Stop Worrying And Do It Anyway - Dale Carnegie ('What's the worst that could happen - the worst?' Then prepare yourself for that and reality is such a relief!).

[JWDesignCenter]

i'd also add a few:
1. rushing - dont rush into anything.
2. this kind of goes with being prepared for work load... but planning. When i first started my business I flew by the seat of my pants an awful lot I think we all did with certain aspects of our businesses in the beginning. But now I do take the time to plan things out and do things right.

[Michael Dunlop]

I agree with it all, i also agree with not rushing into anything, ive mucked up so many business oppertunities that way, not checking stock, programming, marketing etc.

[NewmanWrites]

Nice list, and I agree with everything you all have added!

Planning is the biggest one of all! Look at everything from every aspect possible, and then ask others to look at it as well. It's extremely important that you consider everything before jumping into things, and it goes so much smoother!

Also, some young entrepreneurs tend to have an unrealistic mindset (I can sell 4000 of this product in my first week!). Make sure you know what you're getting into, and don't expect something that won't ever happen.

~Marie

[franchisebrief.com]

I would also add that young entrepreneur may be a little too positive and think everything is gonna come easy. It's not...