LLR Podcast 143: Nine Massive Mistakes Entrepreneurs Make

As entrepreneurs, we know that failure is part of the path to success.

However, there are some common mistakes entrepreneurs make, and by avoiding them, you can increase your chances of success.

In this episode of Live Life Rich, Marissa explains the nine most common mistakes entrepreneurs make and why they can be detrimental to your business.

Learn how to prevent your business from tripping up over these easy-to-avoid errors.

In this episode, you will hear:

  • Putting your product first and your people last
  • Being hindered by fear of “what ifs”
  • Thinking you can do everything by yourself
  • Your margins are too small
  • Ignoring marketing
  • Not setting attainable goals
  • Making hiring decisions based on cost
  • Underestimating your competition
  • Underspending or overspending

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Episode Credits

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know I sent you.

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Live Life Rich

JULY 1, 2025 • PRE-ORDER NOW

My first book, Live Life Rich, is the ultimate guide for business owners and entrepreneurs who refuse to settle for financial stress and uncertainty. Drawing from my journey—growing up in a North Dakota trailer court, building multiple self-sustaining companies, and achieving financial freedom—I share the exact strategies that helped me break free. This book will help you identify the hidden obstacles stealing your wealth, and develop a financial freedom plan. If you’re ready to create lasting wealth and impact, Live Life Rich will show you the way.