What are the most common mistakes new business owners make
As a general rule, there are a few common mistakes that many businesses make when they are first starting out. Some of the most common ones include: Not having a clear target market: It's important to have a clear understanding of who your target market is, and what their needs and pain points are. Without this understanding, it can be difficult to create a product that resonates with your audience. Not pricing your product correctly: Pricing your product correctly is crucial for the success of your SaaS business. If you price it too high, you may scare away potential customers, but if you price it too low, you may not be able to generate enough revenue to sustain your business. Not focusing on customer retention: Acquiring new customers is important, but it's also crucial to focus on retaining the customers you already have. This means providing excellent customer service and regularly updating and improving your product to keep your customers happy. Not investing in marketing