Friday, June 21, 2013

How to avoid the top 5 mistakes most business owners make


This video shares the top 5 mistakes many small business owners make, and gives clear guidance on how to avoid them. It has very concise and helpful solutions to several common problems facing small business owners. It includes basic (but often ignored) advice, like pointing out that the owner should not be working in the business; they should be working on the business. Many of the solutions are heavily geared toward customer satisfaction and customer input, which are essential to growing any business, and crucial to successful marketing efforts. It offers many suggestions on how to further engage customers with the business.

Most of these mistakes and solutions mentioned in the video are related to the marketing of the business, since many small business owners struggle with marketing. The video gives not only solutions to common marketing mistakes, but discusses examples of how those solutions may be implemented. For example, many business owners try to do their own marketing, but marketing isn't their area of expertise, and they struggle to create an effective approach that includes multiple marketing channels. The solution is to hire a company, a vendor, or an employee who is an expert in that area, so that the business marketing endeavors are more effective and have a greater impact. 


Watch full video here

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