People like to say that we are living in the golden era of entrepreneurship. These folks are, to a large degree, right. The evolution of digital tech has lifted a lot of burden off the shoulders of ambitious businessmen when it comes to networking, marketing, and day to day operations. Bureaucracy has become much more open to newcomers as well.
But, as fortunate circumstances are helpful, the road to success is still riddled with various hurdles, some of which can prove to be fatal. As a matter of fact, according to some estimation, only 20% of new businesses survive past their first year of operation.
Let’s take a look then at a couple of tips that should help you avoid common beginner’s mistakes when launching a startup and earn a proper shot at glory.