What do you do if your consulting venture is plagued by common startup mistakes?

If your consulting venture hits those all-too-common startup potholes, don't panic! First off, take a breath and assess. Pinpoint where things are going off track—maybe it's overspending, underestimating competition, or not nailing your niche. Then, pivot if needed. Adaptability is key in the startup game. Don't be afraid to tweak your approach or even your business model if it's not clicking. Next, seek guidance. Tap into mentorship, online resources, or industry networks. Learning from others' mistakes can save you heaps of trouble. And finally, stay persistent. Every setback is a lesson in disguise. Keep hustling, and you'll find your groove.

When acknowledge the error for the startups, the principal issue is not hear the community, even the startups planning their own ideas , they don't socialize with the product that is going to distribute to world, how is going to handle, what is the quality of the product, how is going to evolve in the time and how's the impact with the world, always think that everything is going all right but mostly is wrong. knowing your errors allows to understand how to handle any situations and mostly hear the your peers, learn by others and also see what is wrong and what is in the right path.

Loose every one of those reprehensible consultants. That's the bottom line and if you wish to expound the virtue of of inanity, then go ahead. There is no one to stop you.

When facing issues in startups, seek out experienced mentors and engage in professional networks to gather valuable advice. Be specific while addressing the problem statement, have an open mind, be prepared to implement suggestions. Turning advice into action can transform challenges into opportunities for growth.

What's your objective? What do you want? Are you prepared to put all aside to achieve your objectives? I mean, everything? Are you corporative? Are you prepared to assume all the risks?

I advocate for businesses to seek advice when facing challenges. It's not about having all the answers but about leveraging collective wisdom to navigate complexities and drive positive change. By fostering a culture of openness to seeking advice, we not only enhance our business strategies but also cultivate a spirit of growth and resilience within our organization

And in so doing, destroy everything round you to achieve your own end? Is that what you want? What is it that you care about? Money? Profit Motive? Shareholders? Social Progress? Do you have an objective?

Sometimes the issue isn't the inability to properly manage finances, but in creating a budget or financial plan that overestimates our ability to generate revenue and underestimates our expenses, especially when we are excited to start our business, we might end up turning a blind eye on the reality of things. It always helps to plan not just once, but several times at different times so you can be sure you've got everything right and didn't allow emotions or excitements to distort the true picture of the financial plan. It also helps to seek the help of a mentor or an expert.

Niche down. Create a category. 😎👊 Stop trying to be another “consultant” like everyone else. Just go read Niche Down by Christopher Lochhead and Heather Clancy. Enough said.