Top 10 Common Mistakes by Service-Based Entrepreneurs
Every year, a bunch of folks kick off their own online businesses – that’s millions of them! But, you know what’s the twist? Not all of them turn into success stories. Now, don’t worry, I’m not here to scare you off.
In fact, I’m giving you the scoop on the top 10 common mistakes we see in the online business space. Let’s steer clear of these and make your online business journey as smooth as butter!
Top 10 Common Mistakes by Service-Based Entrepreneurs
Mistake No. 1 – Waiting Forever to Launch Your Cool Stuff
I get it, you might think you need a big audience before you can say "Hey, buy this!" or you're juggling content creation and crafting your product at the same time. Don’t fall into this trap. Your first thingamajig might not be perfect, and that’s cool. The key? Get it out there sooner rather than later. It’s called messy action.
Mistake 2 – Sweating the Small Stuff
This is for you perfectionists! When you're starting out, it's tempting to obsess over every little detail. A picture-perfect logo, an ultra-fancy website, and a Reel-packed Instagram account. But here's the secret: You can tweak those things later. Perfect is great, but "good enough" is... well, good enough! Don't let minor stuff slow you down. Launch first, polish later.
Mistake 3 – Solving a Problem Nobody Cares About
If crickets are chirping when you share your genius idea, it might be time to shift gears. Find a real-deal problem that matters to your audience, and you'll have a way better shot at success.
Mistake 4 – Pricing Your Thingamajig Too Low
Instead of being the cheapest in town. Think about adding value to your services or make it feel more special. People dig that.
Mistake 5 – Blending In When You Should Stand Out
Imagine you're at a buffet with tons of dishes that look alike. Boring, right? That’s how customers might feel if you're too much like the others. Yeah, being better is nice, but being different is the real winner. Set yourself apart, be unique, and when folks ask why you're worth their attention, bam! You'll have a solid answer.
Mistake 6 – Giving Away the Farm for Free
Who doesn't love freebies? We all do! But hold your horses, again. Giving away the farm can hurt your bottom line. Instead, think smart – offer a downloadable product like a checklist or a fact sheet in exchange for contact info (e-marketing 101). If you're giving free consultations or trials, set a time limit. You're not a charity, you’re a business.
Mistake 7 – Ignoring Your Fan Club
Don’t forget about your social media followers or even past clients. A newsletter, a feedback page, or a friendly social media presence can work wonders. Keep 'em engaged and coming back for more.
Mistake 8 – Going Solo on Your Journey
Hear this loud and clear: You can't do it all alone. Eventually, you will either burn out or reach your own ceiling. Teamwork makes the dream work, right?
Mistake 9 – Blogging ≠ Business
Now, repeat after me: A blog isn’t a business. Sure, blogs are awesome for sharing ideas, but they’re not wallets. If you want your content game to turn into a money-making machine, you need a solid game plan.
Mistake 10 – Waiting Forever to Start
Remember that friend who talked and talked about starting a business but never did? Don't be that friend! It's super easy to get lost in what-ifs. The only way to fail for sure is by not even trying.
Your business dreams are waiting, and trust me, you've got this!
