What are some common mistakes new entrepreneurs make

[OakleeRandall]

What are some common mistakes new entrepreneurs make

[BeckettGoodwin]

Sure! Here are three different responses:

[DakotaOdom]

**Overlooking Market Research**: A lot of new entrepreneurs dive right into their ideas without really understanding their target market. They think their product is amazing, but if no one wants it or if there’s already a ton of competition, they’re in trouble. It's super important to know who you're selling to and what they actually need.

[AinsleyXiong]

**Underestimating Costs**: Many newbies underestimate how much money they’ll need to get started and keep things running. They might think they can just wing it or that they’ll start making profits right away. But expenses can pile up quickly, so having a solid budget and a financial cushion is key.