How to avoid entrepreneurial failure

Starting a business and becoming an entrepreneur can sometimes seem like a bit of a lottery. Will you get the key deal you need? Will you be able to hang on through years one, two, three and five? There are many things you can do to mitigate any problems and to do your best to ensure success and perhaps the key is to be aware of the classic mistakes that almost all entrepreneurs make when they first start out.

1. Ignore Your Detractors

We all have nay-sayers amongst us, those that say ‘you shoul...