I can’t believe I did this…

So you’re navigating the stormy waters of entrepreneurship?

Congrats, but listen up.

I’ve made mistakes that I wouldn’t wish on my worst enemy.

Mistake 1: I hired too many people, too fast, at too high a cost.

They said they’d “take me to the next level” – spoiler alert, they didn’t.

Guess what happens when you start making money?

Everyone wants a piece, and they’ll spoon-feed you sweet nothings to get it.

Mistake 2: I didn’t hire quickly enough for key roles.

A virtual assistant and a video editor would have been game changers from day one.

And now that I have them, they’re sticking around for life.

Mistake 3: I tried to impress other business owners instead of my bank manager.

I was building a trophy case, not a business.

I’ve learned: impress your bank manager and everyone else will follow.

Mistake 4: I spread myself too thin across platforms.

I thought being everywhere was the key.

It’s not.

Pick a platform, excel at it, and then consider branching out.

Mistake 5: I didn’t build an audience soon enough.

Audiences don’t sprout overnight; they’re more like a slow-cooked stew.

And when they’re ready, the payoff is like a Michelin-star meal.

So there you have it, five epic fails that I hope you’ll sidestep.

What’s the one mistake you’re most afraid of making?

Mike Killen

Mike is the world's #1 sales coach for marketing funnel builders. He helps funnel builders sell marketing funnels to their customers. He is the author of From Single To Scale; How single-person, small and micro-businesses can scale their business to profit. You can find him on Twitter @mike_killen.