5 Pitfalls to Avoid for Business Success

5. Paralyzed in FearIdeas are cheap, execution is hard. There's a reason why many fail and it starts with fear. Fear is going to stop you from being successful if you let it take hold of you.4. Wait for the perfect productI've seen this happen many times before. Someone is very excited about a new idea that they want to turn into a business and then...nothing. Months go by and they are still tinkering with the product. Unless you're making an airplane or nuclear power plants, get a good enough product out and then make improvements as you bring in sales.3. Forget the numbersSell! Sell! Sell! Ok selling is important, but you can't win the champianship with a good offense alone. Finance is your defense and nobody goes out of business because they have too much money. If you don't have a solid understanding of your profit and loss then you'll be the one with no money.2. Fuck planning.1. Be Cocky