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These Six Mistakes Stunt Small Business Growth—Here's How To Avoid Them

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Source: Forbes
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  • description: Forbes contributor Micah Logan has seen a recurring theme among business owners whose ventures struggle to thrive: they tend to make stupid mistakes. Now, that’s not a dig at the intelligence of business owners. S.T.U.P.I.D. is an acronym for the six most common mistakes: slow implementation, too complicated, unaware of numbers, poor planning, ignoring feedback, and distracted focus. Here's how any small business owner can avoid these pitfalls. Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1 Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
  • title: These Six Mistakes Stunt Small Business Growth—Here's How To Avoid Them
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