6 Biggest Mistakes Solopreneurs Make When They Start Their Business
Making mistakes is how we learn, grow, and become better. When you're starting your own business, wouldn't it be great to have some insights from those who have trekked the path you are about to take?
They say, "A wise man learns from his mistakes. A wiser man learns from the mistakes of others."
The simple fact is this: mistakes will happen, embrace them, learn from them. In the meantime, learn from us. We've compiled some common mistakes solopreneurs make and how you can avoid them. If you realize you are making these mistakes now, we've got your covered. Read on for easy fixes that will get you back on track.
1. More Tools In Your Toolbox Than You Need
When you're first starting out, you're going to have the urge to buy every online tool you see because it appears to have all the bells and whistles you think will help streamline your processes. Hold your horses! Don't fall into that trap. You'll soon realize you have invested a lot of unnecessary cash when you learn you probably didn't need that tool, or at least not need it right now in the startup phase.
There are hundreds of free online tools and apps on the internet waiting for you. And, don't forget about the apps already on your computer. Seriously, if you're a one-team enterprise, you probably don't need to shell out cash for a sophisticated payroll application.
Survey the needs of your business to understand what you need to be operational, make sure the application is fit for the size of your business, and read reviews. We tell our clients to start out with just a few standard but important tools and applications:
Excel Spreadsheet - you probably already have this on your computer! When you've outgrown the spreadsheet to keep track of sales, Due, Handdy, and Sighted all have free invoicing solutions for small businesses.
Email Service - yep, you have this too
Creative Tool - Visme and Canva both have free versions
Website Platform - lots of free options out there: Wix, Webstarts, and Weebly are just a few
Trello - a fabulous and free tool to keep you organized!
Click here to view a list of more free small business apps. If you find an app online that you just love but is pricey, make a goal to bring in a certain amount of sales first to help fund the purchase.