5 Mistakes That Can Wreck Your Small Business

Two focuses of my blog are Financial Literacy/Money and Business/Entrepreneurship. If you’re successfully running a business or are looking to do so, there a few actions that you need to be wary of taking. The following contributed post is entitled, 5 Mistakes That Can Wreck Your Small Business.

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No one is perfect. Even the best small business owners have made mistakes. Maybe you didn’t spend enough time at the beginning on your branding, experiencing negative PR, or maybe you weren’t able to understand your customers’ needs. Whatever the reason, it’s important to learn from your mistakes and keep on moving forward.

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Find Your Niche for Success

You might think that your product or service is something that everyone needs, but the truth is, you need to find a niche where your business will thrive. For example, you might be selling pet supplies and want to offer all kinds of animals’ items. If you try to sell everything from hamster cages to iguanas, it’s going to be difficult for you to be successful in all areas.

Even if you have a great idea and are passionate about starting a business, it’s important not to overreach. Consider what your customers are interested in and what they’re already buying. Then make sure those things are prominently featured in your store or online.

Misunderstanding How To Sell Your Products

There’s nothing quite like the feeling of holding your own products in your hands, but for most people, this isn’t an option. You’re going to want to sell your products online.

The first thing you’ll need is a website. It doesn’t have to be anything fancy–even a simple website with just a contact form and some pictures of your product will do.

The next step is getting traffic to your site. You can do this by content marketing, which means creating blog posts, social media posts, and more to get people interested in what you have to offer.

You can also hire someone on Fiverr or Upwork to create compelling graphics that really showcase your product in all its glory. This would cost around $5-$10 per graphic.

You’ll want to make sure to invest in ads, say something about what people will get if they click on it! The goal here is not only to generate clicks but also leads so that you don’t spend money on clicks that don’t convert into sales.

Neglecting Customer Problems

Customers are what a business is all about, so it’s crucial to make them feel like the most important people in the world.

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For example, if you’re running a fitness studio and many of your customers complain that you don’t offer enough classes on weekends, then you should immediately go back to the drawing board and figure out what classes your customers looking for.

Don’t be afraid to put yourself in your customer’s shoes and really try to understand exactly what they’re looking for! Only then will you be able to create a product or service that will satisfy your customer base.

Create a Plan for the Future

The first mistake that many small businesses make is not creating a plan for the future. These days, digital marketing is crucial to success. You need to start thinking about how you’ll take your business into the future and prepare for new opportunities. If you do not plan, how will you know how to respond when something happens?

Even slight disruptions in your daily routine could throw off your entire timeline if you’re unprepared. The best thing that you can do is be prepared by coming up with a plan before something bad happens.

Mistakes You Can’t Afford to Make in the Medical World

The first principle of my blog is Creating Ecosystems of Success and a key focus is Career Discussions. The medical industry is unique in that you directly affect the lives and health of people. In this regard, even the simplest error or mistake can be fatal and costly. What kinds of errors are there? The following contributed post is entitled, Mistakes You Can’t Afford to Make in the Medical World.

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When you work in the big wide medical world, there isn’t much room for error. When a doctor , surgeon, researcher or nurse makes a mistake the results can be catastrophic. If you’re working in the medical industry you need to be able to minimize mistakes and keep your business running smoothly. This is not only for the sake of your patients, but your reputation will be on the line too. Every human has made a mistake at some point in their life, but it’s not often to the detriment of another life. The medical world will always be full of ups and downs, but as long as you can keep a level head, you will succeed with minimal errors.

Translation Errors

When you’re working in the medical sector you will often be faced with documentation and devices that are written in a different language. You can’t afford to look up these kind of translations on the internet so click here to find highly specialized document translation services. You can be sure that your information is specifically translated by a professional so that you minimize mistakes in your establishment.



When a patient is overlooked or misdiagnosed it can put your entire career in jeopardy. Of course, this type of thing happens all the time in hospitals and surgeries, but how can it be prevented? Make sure every single person who works for you understands each protocol for diagnosing patients. If there is any dispute or ambiguity somebody senior should step in and give their opinion on the patient’s condition. When you’re more thorough in a medical environment it helps your patients to receive the best care possible.

Failing Employees

In the medical industry there will always be a handful of employees who slip through the cracks with their skill sets. You need to make sure you never allow unqualified or dangerous people into your working environment. Thorough checks should be carried out before giving anybody a job. You could even start people on a probation period if you’re unsure. Implement training programs so that every everybody always feels supported.

Missed Opportunities

There will always be new clinical trials that your establishment wants to try out. Although they can be risky when medical treatments go wrong, it is always good to give them a try whenever possible. You will never be able to enhance your knowledge if you don’t step out of your comfort zone from time to time. Assess each situation as it arises and you will always know you did your best.

Your medical business will always be your pride and joy, so don’t allow any mistakes to slip under the cracks. Put adequate training programmes in place and hire the right people for certain jobs. Whether you’re training new interns or hiring someone to translate documents, every level of the chain is extremely important. Missing out on one important stage could cost your business and reputation. Don’t leave room for errors and you will never have to worry about picking up the pieces.