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2. 10 Major Mistakes People Make Starting a Small Business - AOL

   www.aol.com/10-major-mistakes-people-starting...

   1. Failing To Have Written Contracts. Relying on a verbal or even a handshake agreement instead of a written one heightens the risk of legal problems spreading like wildfire once your business is ...

3. Fail fast (business) - Wikipedia

   en.wikipedia.org/wiki/Fail_fast_(business)

   The concept has been widely employed as a metaphor in business, dating back to at least 2001. [5] It is widely used in the technology and pharmaceutical industries. [2] [3] It became a mantra and badge of honor within startup culture and particularly within the technology industry and in the United States' Silicon Valley, where it is a common part of corporate culture.

4. 9 biggest 401(k) mistakes to avoid - AOL

   www.aol.com/finance/8-biggest-401-k-mistakes...

   Failing to rollover old 401(k) accounts Changing jobs is a regular part of many people’s careers, but it can lead to one of the biggest 401(k) mistakes if not handled properly – failing to ...

5. Most companies fail at making big changes because of these ...

   www.aol.com/finance/most-companies-fail-making...

   Bain’s research identified three key mistakes companies make that hamper their transformation efforts: Failing to identify critical roles needed to successfully implement change

6. Sunk cost - Wikipedia

   en.wikipedia.org/wiki/Sunk_cost

   A common example of a sunk cost for a business is the promotion of a brand name. This type of marketing incurs costs that cannot normally be recovered [citation needed]. It is not typically possible to later "demote" one's brand names in exchange for cash [citation needed]. A second example is research and development (R&D) costs.

7. Founder's syndrome - Wikipedia

   en.wikipedia.org/wiki/Founder's_syndrome

   Founder's syndrome (also founderitis [1] [2]) is the difficulty faced by organizations, and in particular young companies such as start-ups, where one or more founders maintain disproportionate power and influence following the effective initial establishment of the organization, leading to a wide range of problems.