Module 1d: Common Mistakes Leading to Business Failure

Session 1: Self-Assessment

1a. Reasons To Start 1b. Reasons Not To Start 1c. Common Traits 1d. Common Mistakes 1e. Aptitude Index Summary

1. Self-Assessment
2. Business Idea
3. Cost & Income
4. Business Proposal
5. Monitor Progress
Graduation!

Module 1d: Common Mistakes Leading to Business Failure

Instructions: It may be surprising to learn that businesses in totally different industries, of totally different sizes, and with totally different resource capacities fail for some of the same reasons. Below is a list of some of the more common pitfalls. Review this list and talk it over with someone else - your partner, mentor or counselor. Using this as a basis for discussion can often uncover other issues affecting the business development process. Read this list carefully, complete the form, and be as honest with yourself as possible when checking off which level of response you can best identify with. By adding up the numbers you have checked, you can rate yourself.

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