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Top 10 Business Plan Mistakes to Avoid

 

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2. Predicting exponential growth

The vast majority of businesses do not enjoy exponential growth.  Even if you’re launching a social network, it’s unlikely that you’ll be the next Facebook or Twitter.  That doesn’t mean that your business is doomed to fail, just that it needs to carve out a smaller niche, and find a realistic way of monetizing its smaller market share.

Image credit: CC by Laura Bittner

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About the author: Under30CEO

Under30CEO is the leading media property for entrepreneurs, inspiring the world’s next generation of business leaders. Under30CEO features direct interviews with the most successful young people on the planet, profiles twenty-something startups, provides advice from those who have done it before, and publishes cutting edge news for the young entrepreneur.

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