Avoid These 7 Temptations That May Undermine Your Business

Posted by CateCosta under Strategy
From http://blog.intuit.com 4228 days ago
Made Hot by: techmedia on April 29, 2013 2:05 pm

There are a lot of potential pitfalls that you may fall prey to while building your business, but some are much more tempting than others. This article describes 5 temptations - things that may seem like a good idea at the time - that actually have the potential to bury your business.

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Comments

Written by tiroberts
4225 days ago

Awesome tips and suggestions. I particularly agree with not tooting your own horn too loud. I'm a fan of sharing and promoting my accomplishments but I like to do it in a way that both helps myself and the members of my community.

Ti

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Written by AngelBiz
4225 days ago

Great tips for all business owners. My favorite it #1. Many businesses make the mistake of expanding too aggressively when things are going well. McDonald's did it about a decade ago and had to retract and focus on improving existing stores and menu. This helped them grow their sales and profit in the following years.

One of my favorite failure stories is the Internet company Webvan that went belly up after receiving large funding and going on expansion binge by building automated warehouses all over the country.

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Written by tcamba
4225 days ago

Bad mouthing is just, unethical! It's like your a five year old kid when you do that, it's better that you provide your customer with outstanding service rather than trying to bring other people down!

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Written by bigmoneyweb
4228 days ago

This is very interesting tips. I've already bookmarked your site and will always visit to read about other business tips you are offering. Thanks for sharing

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Written by CateCosta
4228 days ago

You're welcome. I'm pleased it's been helpful to people.

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