10 Key Pitfalls Entrepreneurs Should Avoid to Maintain a Sustainable Business

Success of a business depends upon many factors. A crucial one of these is your attitude and vision as an entrepreneur. Starting up your own business is an exciting idea but also somewhat unnerving. You may be new to the game or facing new challenges. The question becomes: how does an entrepreneur make his or her business successful?

On the basis of studies conducted by the University of Tennessee and Gallup research, here is a list of key pitfalls every entrepreneur should avoid in order to make his/her venture successful.

1. Lack of Vision- Why do you want to start a business? What are your goals and priorities? You should have logical and sound answers to these questions. It defines your vision as an entrepreneur and gives direction to your venture. If you are unsure about your vision, your business has dim chances of survival.

2. Lack of Human Element in the Business- The human element of a business involves a sense of fulfillment for the entrepreneur and any contractors or employees. It can also reflect your clients' desires and needs. It tends to involve a "greater purpose", something more important than simple profit. It brings value to your services and client loyalty to your business. If a business ignores the importance of human element, the prospect of success is low. Sure, making money is a principal objective of your business; but when it becomes an obsession, human element evaporates from the business. The result is that customer, vendor, or employee relations may get impaired. This can kill your business. In order to avoid this, you must give due attention to customer expectations while making decisions and provide opportunity for yourself, your vendors, and/or your employees to meet a higher more valuable need while supporting your business.

3. No Research before Starting Business- It is recommended that you do some research about the area of business you want to enter. It will give you a better view of your particular industry and help you proceed carefully so that you garner positive outcomes along the way. If you take the plunge before doing any research, you might jeopardize your venture by starting up from the wrong location or launching wrong products and services with no demand.

4. Counter-productive Ideas- For the success of a business, you must have ideas that unify and make sense for your business objectives rather than ones that are counter productive. Having too many unrelated ideas is unlikely to give right direction to your venture.

5. Lack of Patience- Success is not an instant phenomenon. It takes time. You might have a great idea and expect success to follow immediately, but in business you have to be patient. It takes time for a business to settle and make a reputable place in the market. Give some time to your business by adopting a wait and watch strategy. If you give up early on due to lack of patience, your business can never flourish.

6. Bad Budgeting- Before starting up a business, you must keep aside your personal and family expenses and ensure that you have a separate budget for business. In the absence of proper budgeting, you might be compelled to take hasty decisions in order to manage your expenses. It can prove detrimental to the progress of your business.

7. Too Much Confidence- If you are too confident about your ideas and abilities in running your business, you may miss out on tips and advice from experienced mentors. He/she might give you some practical advice about running your business which can prove beneficial for you in the future. Also, knowing where your weaknesses lie can help you to hire or outsource to compensate for them.

8. No Knowledge of Market- It is recommended that you are aware of the market trends before you start your business. Be familiar with the potential market needs and your competitors in the market. It will help you assess the market well and do better business.

9. Obsession with Your Product/Service- Often, entrepreneurs get obsessed with their product or service thinking that it is perfect. They may ignore feedback from their customers which is harmful for the business. Your product or service is being used by your customers, so only they can tell you whether it is good or not. Assess the feedback of your clients or customers and determine if it points out a valid area needing improvement -- and then improve.

10. Desire to Control- In the beginning, you can manage various things without anyone’s help, but this is not possible when your business expands. You must accept this fact and hire an efficient team to do different kinds of tasks. If you desire to control everything single-handedly, it will take away your focus from more important things which are critical for a growing business.

No one can really predict whether or not your business will be successful. Avoiding these pitfalls can give you a head start and help you achieve the success you desire. For more information and business tips, please visit Kowerk's blog at http://www.officespaceinwestpalmbeach.com/blog/, where COST EFFECTIVE SOLUTIONS FOR BUSINESS NEEDS can be found.

Announcing Smartie Mirror: The World's First Real Personal Smart Mirror

Smartie Mirror is a everything you need to have a smart room, Digital Assistant, Home Automation, Garment Suggestions and more

Los Angeles, CA– March 11, 2015 – Planning an evening out? Smartie Mirror is here to help! Innoviesoft announces the Smartie Mirror and asks for support for their Kickstarter campaign. Smartie Mirror is your digital Personal Assistant in a mirror, bringing you the best in innovative Home Automation Technology.

Smartie Mirror syncs with your smartphone or tablet So you can have access to your wardrobe and your schedule from every where Also it displays your messages; social media feed and even connects you with friends and family through video chat.

Smartie Mirror, is a home automation device that functions as a personal fashion assistant by curating the user’s clothing inventory, synchronizing the wardrobe with his or her scheduled events, the local weather and previous choices, all to aid in the garment selection process.

Smartie Mirror is a Smart Mirror that consists of a housing, a camera, a screen, a mirror, a controller, and a plurality of RFID tags.

Smartie Mirror checks the user’s schedule, keeps a record of the users clothing inventory, monitors the local weather all to provide accurate fashion suggestions.

About Smartie Mirror

Smartie Mirror is the latest advancement in home automation smart technology. Smartie Mirror is a SMART device housed in an elegant mirror that adds to your life with the latest technology ease of use, great design and multi-functionality. When you buy a new garment and want to add it to your inventory, simply attach the RFID tag to your clothes by ironing and when you stand in the mirror, Smartie Mirror will scan the garment automatically. Smartie Mirror will then ask you where is the best place to wear this particular garment, and again record the information for future use.

The next time you stand in front of the mirror, it will firstly recognize you using face recognition technology, and then ask you where are you going. Once Smartie Mirror has all of the information from you, it will suggest a number of outfits for you to choose from that are stored in its database.

To LEARN MORE about Smartie Mirror, or to help support their Kickstarter campaign, please visit:

https://www.kickstarter.com/projects/1556239418/smartie-mirror-worlds-first-real-personal-smart-mi
Contact:

Innoviesoft

Arash Ahmadi

Los Angeles, CA

Phone: +1 (844) 202-9999

info@innoviesoft.com

http://innoviesoft.com/

Announcing the Campaign to Provide Clean Drinking Water to African Villages

Help save children's lives by providing desperately needed water treatment units

Springfield, VA  – March 10, 2015 – The Sharkawi Foundation, a nonprofit organization that works hard to improve people's living conditions through providing water treatment units, announces their campaign to provide clean drinking water to people living in three villages in Ghana.

884 million people around the world lack access to safe water. (United Nations, "Water for the World." UN News Center. Accessed February 25, 2014) https://www.un.org/en/sustainablefuture/water.shtml

An estimated 622,000 children under the age of five die each year from diarrheal diseases globally, a majority of which are water-related. "World Health Organization (WHO). (2012)."

Every day, people are forced to face these harsh living conditions in remote villages and towns.

At Sharkawi Foundation, they believe that it’s a basic human right for everyone to have access to clean drinking water and electricity at all times. The mission of Sharkawi Foundation is to improve these living conditions and help save innocent children's lives by providing the resources necessary to access clean drinking water.

Through their recent Indiegogo project, the goal is to provide water purification equipment to provide safe clean drinking water to villages that are in need. This will help improve health conditions and save lives. They will focus on Nsakyi, Otiakrom and Bodumase, three villages located in Ghana that are farming communities with a high poverty rate.

Sharkawi Foundation is seeking funding in the amount $100,000 to provide water treatment equipments and solar systems to operate the pumps and the purification systems, since there are no reliable electric services available in these villages in Ghana.

As a nonprofit organization,  Sharkawi Foundations urges and invites you to be part of this humanitarian campaign to save children’s lives in Africa by participating in this campaign to secure funds to buy water purification units to villages in Ghana that are in high poverty rate areas, and are suffering from the lack of clean drinking water.

Please donate and spread the word of this campaign to all of your friends by sharing the link below so we can achieve the goal to enhance the lives of others and to help save children’s lives.

To LEARN MORE about the project, or to find more information, please visit:

http://igg.me/at/sharkawi
www.sharkawifoundation.org
Contact:

Sharkawi Foundation

7001 Loisdale Road, Suite C

Springfield, VA 22150

Phone: (800) 883 8182

info@sharkawifoundation.org

Announcing the Free To Play MMORPG - Heroes Of Asgard Campaign

Heroes Of Asgard! Action-packed, free to play MMORPG. Hopefully, Your favorite online game to be!

Salerno, Italy – March 10, 2015 – Crimson Games announces their crowdfunding campaign for their Heroes of Asgard, an old-school MMORPG with new ideas and modern execution, based upon the game play of Metin2, and is due to release in late 2015.

Crimson Games are a team of six people. They have the will, knowledge and most importantly the passion to see this project to the end. What they do lack, is funding to expand their numbers with a team of 3D Modelers and animators and with some more server programmers and Unity3D developers who will help them finish the project by the end of this year.  And that's where they need help with their crowdfunding campaign. However, if they fail to gather required funds via crowdfunding, they certainly won't be giving up on this. Completing Heroes of Asgard is their dream, and you just do not give up on your dreams that easily!

To LEARN MORE or to help fund Crimson Games crowdfunding campaign, please visit:

https://www.indiegogo.com/projects/free-to-play-mmorpg-heroes-of-asgard

About Crimson Games

Founded in 2014 by an elite developers team, Crimson Games is led by a group of veterans in game development mainly from Europe, in countries such as Italy, Germany, Serbia and Ukraine. The company was inspired by the benefits of working from home, a common practice for IT companies being one of the first fields to latch onto the "anywhere mentality". When interviewed by Forbes, Micheal Haaren, co-director of RatRaceRebellion.com, says "Being able to work from home makes life easier and appeals to the latent entrepreneur." No more waking up unnaturally early, less time spent in traveling, fewer interruptions, less eating out and a flexible schedule!

To LEARN MORE about the project, or  to find more information about Heroes Of Asgard:

https://www.indiegogo.com/projects/free-to-play-mmorpg-heroes-of-asgard

Contact:

Crimson Games

Manzione Emanuele

Salerno, Italy

http://www.crimson-games.com

Announcing the Campaign to Bring Lesley Home

Help fund the travel and living expenses required to bring a woman back to her family for medical treatment

Brockton, MA  – March 9, 2015 – Annette Christine, dedicated friend and tireless supporter, announces the campaign to bring her friend back home to begin medical treatment for a variety of debilitating ailments.

Only a month before her wedding at the age of 25, Lesley suffered a heart attack. It was discovered that Peripheral Artery Disease was the cause, and is also the cause of misdiagnosed blood clot formations and nerve damage that have resulted in her inability to fully use her left leg. Recently she was given odds of a 50% chance of death in 5 years and 70% in 10 years. 

Unfortunately, the state she resides in has substandard healthcare, but strict guidelines regarding pain medication. Although she lives in constant pain due to the nerve damage , which resulted from prolonged arterial blockage, Lesley has no access to any pain medication. Only a pain management physician can prescribe the medication, and her medicaid insurance will not pay for pain management. Now she received a letter saying her Medicaid will end March 31st.

Lesley's only wish is to move her and her family back to Massachusetts, where she can receive quality care before she runs out of time. Clots are constantly trying to form, despite her being on 4 different blood thinners. There is also a very real possibility of amputation in the near future. Above all, she needs access to pain management care.

Please help raise enough money for Lesley to relocate here, along with enough for a few months of living expenses so she and her family can focus on getting her care started right away.

To LEARN MORE about the project, or  to find more information about Lesley, please visit:

http://www.gofundme.com/getlesleyhome

Contact:

Annette Christine

http://www.gofundme.com/getlesleyhome

Announcing the Campaign to Introduce PopZGrips

Help fund the production of an innovative new product

South Venice, FL  – March 9, 2015 – SunCoast Design & Engineering, LLC, announces their campaign to introduce an innovative new product called PopZgrip.

Kid tested and Mother approved! PopZgrip was invented by a parent who was tired of cleaning up the mess left behind after giving kids frozen popsicles. No matter what they tried, the mess left behind stains and sticky residue everywhere!

PopZgrip eliminates the mess completely through a unique design that catches the drips before they make a mess. On those hot summer days, just slide an icy cold popsicle into the PopZgrip slot and let the kids enjoy a refreshing treat without the worry of ending up with sticky hands or clothing.

PopZgrips are made with non toxic, lead-free, PVC-free, BPA-free, phthalate-free FDA approved food grade durable plastic material. They are dishwasher safe and freezer safe. PopZgrips are currently available in two colors, Amazing Orange and Flamboyant Pink.

Through their Kickstarter project, they are trying to raise funding in the amount of $25,000 to help pay for the molding tool, patent fees, initial minimum production size and packaging. They hope to have the project funded and the first run of production ready to be shipped to backers by July of 2015.

SunCoast Design & Engineering, LLC consists of two mechanical engineers, Gregory and Justin, who believe in thinking outside of the box to solve everyday problems. With over 30 years of combined design and engineering experience, they love solving problems that most people ignore; problems that affect everyone. Their great passion for engineering design, problem solving and overcoming challenges is what inspires them.

To LEARN MORE about the project, or  to find more information about PopZgrips, please visit:

https://www.kickstarter.com/projects/1156848739/popzgrip

Contact:

SunCoast Design & Engineering, LLC 

Gregory DeNinno

www.suncoastdesignengineering.com

Announcing the Campaign to Help Hurricane Katrina Victims

Help fund continual recovery efforts of natural disaster victims along the Gulf Coast

Sugar Land, TX  – March 9, 2015 – The American Football Booster Club officially announces their campaign to provide support for the recovery efforts of Hurricane Katrina victims along the Gulf Coast.

The American Football Booster Club is an organization comprised of former NCAA Football Players working together to provide support to a wide variety of charities, organizations and members of the community.

For over a decade the American Football Booster Club has been teaming up alongside the American Red Cross to provide support to struggling citizens along the Texas/Louisiana Coast.  Even though the actual physical devastation has been repaired and many survivors have been able to pick up the pieces, hundreds of people effected by Hurricane Katrina are still suffering financially in an economy that is still recovering itself.

Please considering offering your support to former NCAA Football Players & Hurricane Katrina victims with a honorable donation through their GoFundMe crowd fund project. For many, this will continue to be a very long road to recovery, and your generosity will be greatly appreciated throughout the Gulf Coast Community.

To LEARN MORE about the project, or  to find more information about the organization, please visit:

http://www.gofundme.com/ikeniles

Contact:

Ike Niles

http://www.gofundme.com/ikeniles