Avoid These Small Business Launch Mistakes
The biggest mistake when launching a small business? Running before walking. Too many entrepreneurs jump in without a plan or proper research to confirm demand. Consider these common launch traps:
Failing to validate your business model – Use tools like the Business Model Canvas (BMC) to test assumptions before investing time and money.
Ignoring customer feedback – Your idea is only great if customers want it. Validate your solution with real buyers.
Lacking an elevator pitch – Clearly articulate your business in a concise, compelling way that grabs attention.
Stay tuned for more key mistakes in Part 2!
In the interim for updates and free expert guidance on navigating these and other small business challenges, visit SCORE at https://www.score.org/williamsburg.
