Comments on: Startup Killers: Avoid Becoming a Statistic! http://www.youngentrepreneur.com/blog/startup-killers-avoid-becoming-a-statistic/ Young Entrepreneur Forums - your online discussion forum to share and talk about Entrepreneurship. A place to learn and to help others with starting, managing and growing successful business ventures. Thu, 09 Feb 2012 11:43:00 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Kyle Clouse http://www.youngentrepreneur.com/blog/startup-killers-avoid-becoming-a-statistic/comment-page-1/#comment-22620 Kyle Clouse Wed, 20 Oct 2010 02:50:44 +0000 http://www.youngentrepreneur.com/?p=3566#comment-22620 This is great post with great advice. I like that you also covered the keys to success in avoiding the pitfalls and not just wrote about the pitfalls. This is great post with great advice. I like that you also covered the keys to success in avoiding the pitfalls and not just wrote about the pitfalls.

]]> By: Meri http://www.youngentrepreneur.com/blog/startup-killers-avoid-becoming-a-statistic/comment-page-1/#comment-12744 Meri Sun, 25 Apr 2010 18:32:18 +0000 http://www.youngentrepreneur.com/?p=3566#comment-12744 I didn't expect this post to be so helpful. Productivity killers--yes, but not just the temptation to relax because you are, after all, your own boss, but also personal problems can distract you. A family member is ill or a friend needs your help, for example. That needs attention too, but I think the trick is to write out a schedule and list of things to do so that even when life's troubles nag our brain we can set aside the time to take care of business then time to take care of our personal affairs. Recognizing "Plate Overload" can get other entrepreneurs involved in your business. Need help with bookkeeping or other office needs? Contact an entrepreneur who's started up a virtual assistant business. Help out another aspiring entrepreneur by enabling him/her to help you grow your business. I LOVE win-win situations because I really think that what we do for/to others comes back to us in some way. Thanks for this post. I plan to spend more time on the YE site. I didn’t expect this post to be so helpful. Productivity killers–yes, but not just the temptation to relax because you are, after all, your own boss, but also personal problems can distract you. A family member is ill or a friend needs your help, for example. That needs attention too, but I think the trick is to write out a schedule and list of things to do so that even when life’s troubles nag our brain we can set aside the time to take care of business then time to take care of our personal affairs.

Recognizing “Plate Overload” can get other entrepreneurs involved in your business. Need help with bookkeeping or other office needs? Contact an entrepreneur who’s started up a virtual assistant business. Help out another aspiring entrepreneur by enabling him/her to help you grow your business. I LOVE win-win situations because I really think that what we do for/to others comes back to us in some way.

Thanks for this post. I plan to spend more time on the YE site.

]]> By: Edward Lujan http://www.youngentrepreneur.com/blog/startup-killers-avoid-becoming-a-statistic/comment-page-1/#comment-12114 Edward Lujan Fri, 16 Apr 2010 04:17:49 +0000 http://www.youngentrepreneur.com/?p=3566#comment-12114 I think this post is written for those who are committed to seeing a dream come true. There is plenty of room for that in any economy. There are some basic rules to follow and if you are going for it, here are a few land mines in the field that Adam is pointing out. This is a great post! It is written from the perspective of someone who is in the trenches. To add a bit, I've heard some great advice that I wanted to share. 1. Celebrate your successes because failure comes all too often. 2. Hire slow and fire fast 3. Never give up. No matter what! I think this post is written for those who are committed to seeing a dream come true. There is plenty of room for that in any economy.

There are some basic rules to follow and if you are going for it, here are a few land mines in the field that Adam is pointing out. This is a great post! It is written from the perspective of someone who is in the trenches.

To add a bit, I’ve heard some great advice that I wanted to share.

1. Celebrate your successes because failure comes all too often.
2. Hire slow and fire fast
3. Never give up. No matter what!

]]> By: Frank Fitton http://www.youngentrepreneur.com/blog/startup-killers-avoid-becoming-a-statistic/comment-page-1/#comment-11964 Frank Fitton Tue, 13 Apr 2010 21:05:24 +0000 http://www.youngentrepreneur.com/?p=3566#comment-11964 Starting a business in this economy is not the way to go. There are plenty of profitable winner businesses out there selling as we speak for far less then their really worth. Now is the time for people who want the most out of life to grasp on and take the plunge. I think a key idea to remember when buying a business is to try and buy a winner. I know its tempting to buy a loser business and turn it around, but I don’t think it’s the financially sound way to operate. Purchase a mature profitable small business and you’ll have cash flow right from day one. I’d also recommend not straying out of your field of expertise. A person that has been an executive of a produce company for 15 years has no business buying a water park. Stick to what you know. Anyone interested in the buying of a business should check out The Business Buyer Advocate blog at http://www.businessbuyeradvocate.com/ . It is a great blog full of must have knowledge for anyone thinking about taking the plunge. It’s frequented by quite a few experts in various aspects of the field that can help you with any questions you might have or perspective you might need. Buying a business very well could be the most important decision you ever make in your life. You have to make sure you buy the right business the right way. If you are on the other side of the fence and looking to sell a business or just want to get the other perspective check out their sister blog The Business Seller Advocate at http://www.businessselleradvocate.com/ Starting a business in this economy is not the way to go. There are plenty of profitable winner businesses out there selling as we speak for far less then their really worth. Now is the time for people who want the most out of life to grasp on and take the plunge.

I think a key idea to remember when buying a business is to try and buy a winner. I know its tempting to buy a loser business and turn it around, but I don’t think it’s the financially sound way to operate. Purchase a mature profitable small business and you’ll have cash flow right from day one.

I’d also recommend not straying out of your field of expertise. A person that has been an executive of a produce company for 15 years has no business buying a water park. Stick to what you know.

Anyone interested in the buying of a business should check out The Business Buyer Advocate blog at http://www.businessbuyeradvocate.com/ . It is a great blog full of must have knowledge for anyone thinking about taking the plunge. It’s frequented by quite a few experts in various aspects of the field that can help you with any questions you might have or perspective you might need.

Buying a business very well could be the most important decision you ever make in your life. You have to make sure you buy the right business the right way.

If you are on the other side of the fence and looking to sell a business or just want to get the other perspective check out their sister blog The Business Seller Advocate at http://www.businessselleradvocate.com/

]]> By: Reno Web Design http://www.youngentrepreneur.com/blog/startup-killers-avoid-becoming-a-statistic/comment-page-1/#comment-9669 Reno Web Design Wed, 10 Mar 2010 19:59:13 +0000 http://www.youngentrepreneur.com/?p=3566#comment-9669 Great post. I love the one about plate overload... it's so easy to become swamped with ALL the things you need to do to get a business up and running. I have found that if I'm really swamped, I take an hour and get really organized, then I can get items checked off my to-do list. Great post. I love the one about plate overload… it’s so easy to become swamped with ALL the things you need to do to get a business up and running. I have found that if I’m really swamped, I take an hour and get really organized, then I can get items checked off my to-do list.

]]> By: Jeremy Alicandri http://www.youngentrepreneur.com/blog/startup-killers-avoid-becoming-a-statistic/comment-page-1/#comment-9600 Jeremy Alicandri Tue, 09 Mar 2010 19:18:02 +0000 http://www.youngentrepreneur.com/?p=3566#comment-9600 This article has great tips that many people can use to improve their start up, without having to encounter the traditional brick walls that are often encountered when starting up a new business This article has great tips that many people can use to improve their start up, without having to encounter the traditional brick walls that are often encountered when starting up a new business

]]> By: Russell Prentice http://www.youngentrepreneur.com/blog/startup-killers-avoid-becoming-a-statistic/comment-page-1/#comment-9382 Russell Prentice Thu, 04 Mar 2010 21:18:28 +0000 http://www.youngentrepreneur.com/?p=3566#comment-9382 Great tips on the starting up processes, especially the bit about getting family involved, its made me reconsider my tactics, I'm now thinking a new approach is needed. Thanks Great tips on the starting up processes, especially the bit about getting family involved, its made me reconsider my tactics, I’m now thinking a new approach is needed. Thanks

]]> By: Amy http://www.youngentrepreneur.com/blog/startup-killers-avoid-becoming-a-statistic/comment-page-1/#comment-9214 Amy Tue, 02 Mar 2010 21:13:25 +0000 http://www.youngentrepreneur.com/?p=3566#comment-9214 Great article. The biggest hurdle I think businesses have are sweating the small stuff. Don't let little things get you down, stick to your plan and execute it. Great article. The biggest hurdle I think businesses have are sweating the small stuff. Don’t let little things get you down, stick to your plan and execute it.

]]> By: Small Business Trends « Blog-Feast.com Blog Collection http://www.youngentrepreneur.com/blog/startup-killers-avoid-becoming-a-statistic/comment-page-1/#comment-9202 Small Business Trends « Blog-Feast.com Blog Collection Tue, 02 Mar 2010 18:17:51 +0000 http://www.youngentrepreneur.com/?p=3566#comment-9202 [...] Toren. Too Much on Your Plate Can Kill Your Startup (and So Can 4 Other Things). [...] [...] Toren. Too Much on Your Plate Can Kill Your Startup (and So Can 4 Other Things). [...]

]]> By: New Conferences, Webinars and Events for Small Business « Small Business Center http://www.youngentrepreneur.com/blog/startup-killers-avoid-becoming-a-statistic/comment-page-1/#comment-9200 New Conferences, Webinars and Events for Small Business « Small Business Center Tue, 02 Mar 2010 18:05:01 +0000 http://www.youngentrepreneur.com/?p=3566#comment-9200 [...] Toren. Too Much on Your Plate Can Kill Your Startup (and So Can 4 Other Things). [...] [...] Toren. Too Much on Your Plate Can Kill Your Startup (and So Can 4 Other Things). [...]

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