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1)Building something no one wants!
The general thumb rule follows Don’t Sell Anything you would not buy yourself.

To identify if your product/service has a potential market need or not Survey your potential Clients, a minimum of 100 people, before launching it.

2)Not planning out a Marketing Strategy
A lack of emphasis on marketing to save expenses is the reason that keeps businesses away from the idea of investing in marketing and advertising. Marketing budgets are to be planned regularly and not be skipped.

3)Not Hiring a Consultant
A consultant can foresee and predict the most probable consequences through its experience of the market reality of the most crucial decisions of the company.

4)Not building a team in a business
The tendencies of young Entrepreneurs of doing everything themselves over-consume them from doing the utmost Priorities.

Business is all about how many people can you align it with.

To know more
https://avaiil.com/12-mistakes-you-should-avoid-in-the-business-world/

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