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5 Biggest Mistakes Entrepreneurs Make
            and how to avoid them




       Michelle McCullough, Managing Director
Mistake #1




     Failure to Plan
Mistake #1



        Failure to
        Plan Map
Mistake #2



        Failure to
       Brand Well
Mistake #2
             Failure to Brand Well




       What is a brand?
Mistake #2
             Failure to Brand Well




     A brand is a promise.
Mistake #2
             Failure to Brand Well

       Your brand includes:
                - Your logo
                - All design
    - All headlines, copy & content of
                  any kind
             - Your marketing
         - Your corporate culture
Mistake #3


        Failure to
         Master
        Marketing
Mistake #3
             Failure to Master Marketing


             Marketing is:
     Getting the Right Messages
         To the Right Masses
     Through the Right Mediums
     So You Can MAKE MONEY

      What business are you in?
Mistake #3
             Failure to Master Marketing



     You are in the
       marketing
       business!
Mistake #4


Failure to Establish a
 Powerful Support
       System
Three Critical Levels of Support

           Mentor Support

            Friend Support

     Foundational Support
Focus



- Revenue Generating Activities
 - Product/Services Offerings
Mistake #5




Failure to Systemize
Mistake #5
             Failure to Systemize

      Operations How-To Manual
Mistake #5
             Failure to Systemize




            Goal:
   Work ON your business
    not IN your business
Recommended Reading
•   One Minute Manager Meets the Monkey - Ken Blanchard
•   Seven Habits of Highly Effective People - Stephen Covey
•   How to Win Friends and Influence People - Dale Carnegie
•   The E-Myth Revisited: Why Most Small Businesses Don’t
    Work and What to Do About It - Michael Gerber
•   The Success Principles - Jack Canfield
•   Fire Starter Sessions - Danielle LaPorte
•   The Content Rules - Anne Handley & CC Chapman
•   The Millionaire Messenger - Brendon Burchard

                                               www.startupprincess.com
Questions?




             www.startupprincess.com
Let’s Connect
    Michelle McCullough
michelle@startupprincess.com
       801.592.1101
@startupprincess on Twitter
 @speakmichelle on Twitter




                               www.startupprincess.com

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5 Biggest Mistakes Entrepreneurs Make

  • 1. 5 Biggest Mistakes Entrepreneurs Make and how to avoid them Michelle McCullough, Managing Director
  • 2.
  • 3. Mistake #1 Failure to Plan
  • 4. Mistake #1 Failure to Plan Map
  • 5. Mistake #2 Failure to Brand Well
  • 6. Mistake #2 Failure to Brand Well What is a brand?
  • 7. Mistake #2 Failure to Brand Well A brand is a promise.
  • 8. Mistake #2 Failure to Brand Well Your brand includes: - Your logo - All design - All headlines, copy & content of any kind - Your marketing - Your corporate culture
  • 9. Mistake #3 Failure to Master Marketing
  • 10. Mistake #3 Failure to Master Marketing Marketing is: Getting the Right Messages To the Right Masses Through the Right Mediums So You Can MAKE MONEY What business are you in?
  • 11. Mistake #3 Failure to Master Marketing You are in the marketing business!
  • 12. Mistake #4 Failure to Establish a Powerful Support System
  • 13. Three Critical Levels of Support Mentor Support Friend Support Foundational Support
  • 14. Focus - Revenue Generating Activities - Product/Services Offerings
  • 16. Mistake #5 Failure to Systemize Operations How-To Manual
  • 17. Mistake #5 Failure to Systemize Goal: Work ON your business not IN your business
  • 18. Recommended Reading • One Minute Manager Meets the Monkey - Ken Blanchard • Seven Habits of Highly Effective People - Stephen Covey • How to Win Friends and Influence People - Dale Carnegie • The E-Myth Revisited: Why Most Small Businesses Don’t Work and What to Do About It - Michael Gerber • The Success Principles - Jack Canfield • Fire Starter Sessions - Danielle LaPorte • The Content Rules - Anne Handley & CC Chapman • The Millionaire Messenger - Brendon Burchard www.startupprincess.com
  • 19. Questions? www.startupprincess.com
  • 20. Let’s Connect Michelle McCullough michelle@startupprincess.com 801.592.1101 @startupprincess on Twitter @speakmichelle on Twitter www.startupprincess.com