Ten Common Mistakes of Entrepreneurs

Minnesota Journal of Business Law and Entrepreneurship, Vol. 1, pp. 2-12, 2002

11 Pages Posted: 1 Jul 2015

See all articles by Edward S. Adams

Edward S. Adams

University of Minnesota - Twin Cities - School of Law

Bob Kommerstad

Deceased

Date Written: 2002

Abstract

What if I fail? That is undoubtedly the biggest question on your mind as you establish your own business. As an entrepreneur, you are excited about your new business venture. You also know the possibility of failure looms. Given the time, money and effort that it takes to start a business, not to mention the high rates of small business failure, it is a wonder that anyone ventures out on their own. It is monumentally challenging to convince prospective investors and lenders that your idea is worthy of the risk they will take while you have your own questions about the business' viability. Despite these obstacles, you, like most entrepreneurs, will have no problem developing your business, getting excited about its prospects, and sharing your excitement with others.

Keywords: Entrepreneurship, Mistakes

Suggested Citation

Adams, Edward S. and Kommerstad, Bob, Ten Common Mistakes of Entrepreneurs (2002). Minnesota Journal of Business Law and Entrepreneurship, Vol. 1, pp. 2-12, 2002. Available at SSRN: https://ssrn.com/abstract=2624880

Edward S. Adams (Contact Author)

University of Minnesota - Twin Cities - School of Law ( email )

229 19th Avenue South
Minneapolis, MN 55455
United States

Bob Kommerstad

Deceased

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