EP10: 7 Costly Mistakes Entrepreneurs Keep Making (and How to Stop)
Manage episode 496676681 series 3661307
Too many founders unknowingly sabotage their own growth—often in the name of survival. In this episode, Francois and Celeste break down the seven most common mistakes entrepreneurs make, from mixing personal and business finances to ignoring cash flow, undercharging out of fear, and flying solo without support. Whether you’re building your first business or scaling a successful venture, this conversation offers a practical wake-up call and a reminder: you’re not meant to do it all alone.
3 KEY TAKEAWAYS
- Personal and business don’t mix - Blurring the lines leads to messy books, inflated accounting costs, and a loss of clarity. Discipline here creates cleaner systems and healthier margins.
- Cash flow is king—not profit - A “profitable” business with poor cash flow is a ticking time bomb. Secure at least three months of operational buffer to build resilience and peace of mind.
- You need people in your corner - The lone wolf mentality is outdated. Strategic partnerships, advisors, and coaches aren’t a luxury—they’re the infrastructure behind sustainable growth.
If this episode sparked something in you—if you’re ready to get out of survival mode and into strategic growth—BizRev Advisory is here to help.
👉 Visit www.bizrev.co.za to learn more about our coaching, consulting, and full-service business support solutions.
💼 Have a business challenge, need strategic mentorship, or want to be featured on an upcoming episode of The Rev Room? Reach out directly via our site—we’d love to hear from you.
Let’s build better, together.
14 episodes