205: 6 Crushing Mistakes Entrepreneurs Make Early on in Their Business (AND How You Can Avoid Them!)

Whether you’ve been in business for a minute or are still in the first few years, this episode is for YOU. Starting a new business is EXCITING, but even though I look back on my new business owner self with so much love and gratitude, I know the learning curve as you start your own business can be intense! Today, I’m going to share 6 crushing mistakes entrepreneurs make early on in their business AND how you can avoid them. Not brand new in business? I highly recommend you tune into this episode because you may be making some of these mistakes too. They are definitely not exclusive to the first year in business! Especially since the latest stats show that after five years, 49.7% of businesses have failed but after 10 years, 65.5% of businesses have failed! So as someone who will be passing the official 7 years of business mark this month, I just want to say: I GET HOW THIS HAPPENS. There is no “safe mark” in the journey to entrepreneurship, but as you know, I’m here to help you every step of the way! If you are new to the podcast, we have over 200 episodes for you to dive into! Are you a brand and/or website designer? Make sure to check out Booked Out Designer too! Links mentioned in this episode: Get the full show notes: https://elizabethmccravy.com/205 Join us inside Booked Out Designer: https://elizabethmccravy.com/bod Get the free client booking guide for designers: https://elizabethmccravy.com/asap Get 30% off of Dubsado: https://elizabethmccravy.com/dubsado Get a free trial of ClickUp: https://elizabethmccravy.com/clickup Capital One Spark Cash Back Card: https://elizabethmccravy.com/capitalone Episode #196 - Why It's a Good Thing If Your Business is a Side Hustle: https://elizabethmccravy.com/196 Connect with Elizabeth on Instagram: https://www.instagram.com/elizabethmccravy/ Statistics source: https://www.lendingtree.com/business/small/failure-rate/ If you're a new business owner who still doesn't have a website yet, I made something for you. It's a free 15-page guide that walks you through exactly what you need to launch your first website — what to skip, what actually matters, and the five steps to go from zero to live. No coding, no big budget, no perfection required. Plus you'll get 20% off my Showit templates inside! Get it FREE at https://elizabethmccravy.com/ Need some extra pages to improve or add onto your Showit website, BUT you’re not in the market for an entirely new template? You need my Add On Templates for Showit! You'll find add ons like speaker pages, podcast pages, quiz lead magnets, favorite things pages, Link in Bio pages, and more. Use the code “BBPOD”to save 15% on your add on or full site template for a limited time: https://elizabethmccravy.com/shop