Thinking of Starting a Business? Avoid These 2 Common Mistakes.

If you’re on the verge of launching a new business, this will help you navigate the uncertainty of starting from scratch.

Anangsha Alammyan
ILLUMINATION
Published in
5 min readJun 4, 2021

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Image by Startup Stock Photos on Pexels

You want to build a business. You have the vague outline of an idea, but the thought of fleshing it out is overwhelming.

You know the world can benefit hugely from your idea, but don’t have the right tools to set your plan into action.

Maybe you’ve already started working on your idea, but then life got in the way and you didn’t get a chance to devote your hundred percent to it.

If you resonate with any of these, this article is just for you.

Did you know, building a kickass product is only one part of the process? As data by Fortune magazine suggests, nine out of 10 startups fail in spite of having a product the market needs.

In addition to that, entrepreneurship can be a lonely journey. The stress, anxiety, and mental health issues arising out of this loneliness are rarely talked about. A UCSF study found that entrepreneurs are more prone to mental health conditions compared to the general population. As a report by Harvard Business Review suggests, anxiety, self-doubt, depression, and loneliness are rampant…

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