National Brokers Network

Frequent and Common Mistakes in Starting a Business

If you are afraid to commit mistakes, seeking advice is a natural decision to make, especially when you’re starting a business. It’s essential to get insight from people who have experience in what you’re about to go through or currently experiencing. Even experts recommend getting in touch with mentors, industry experts and other entrepreneurs, especially if you’re new to the industry and starting a business.

 

But mistakes often come from suggestions. If ever there’s a suggestion that doesn’t feel right or is against your gut feeling, you better start getting second thoughts about it. Here are some examples.

 

Scenario #1: Someone tells you no one will buy your products

Disrupting the industry is often tied up with something unique. Don’t be discouraged if experts say your products won’t work or customers won’t buy them. The real judge on what will and won’t work is your potential and existing customers.

 

Scenario #2: Someone tells you your products should be perfect before launching

A product/service is made to solve a problem. Customers buy products/services as long as it’s the solution to their problems (then, add wonderful customer service to keep their loyalty alive). One of the best ways to tackle a product launch is to release a product that already solves a basic problem and then integrate additional features or enhance performance after.

 

Scenario #3: Someone tells you to fake it when necessary

Entering an industry that you have no prior knowledge of is like walking onto murky waters. But that doesn’t mean you shouldn’t know what’s ahead. There are experts that may say you need to fake it until you get the break you want — don’t let this get to you. Always ask questions. Sometimes, being ignorant pushes you to understand the things you are ignorant about.

 

If it’s your first time in the real estate industry. There are experts who’re willing to lead you to the right path — getting the best deals in terms of buying or selling of properties or even both. National Brokers Network steadfastly provides what clients need in terms of listing, negotiation, management, and consulting. Call 9226 9222 to get in touch with our agents.

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In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

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