When you’re just starting out it’s easy to get caught up in the excitement of a new venture. After all, you’re finally realizing a dream, you’ve found people willing to invest and you’re ready to do whatever it takes to succeed. But when you’re leading with eagerness rather than rationality, you’re likely to fall victim to certain mistakes that could end up costing you a great deal in the long run. Here are some costly business blunders entrepreneurs make: 1. Not reading the fine print. 2. Hiring the wrong people. 3. Overbuilding a product. 4. Not seeing the value in hard earned money.

Source: Entrepreneur

Got an interesting Fast Fact for a business audience? Please send and share it with our 1,653 subscribers. Click here to subscribe to Read|Delete and receive fast facts delivered weekly.

mmercurio@offitkurman.com | 301.575.0332 | Biz Tek Today

You can also connect with Offit Kurman via Facebook, Twitter, Google+, YouTube, and LinkedIn