10 MISTAKES Entrepreneurs Make That Cause Their Businesses To FAIL...

Are you making any of these 10 mistakes entrepreneurs make when starting out?
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So if you are someone who is building (or want to build) a REAL business (especially with ecommerce) & want to follow channels with actionable content to help you along your journey & make your store even better, subscribe today! 🔥

[@WholesaleTed]

Who do you agree with: my dad (15:59) 🤷‍♂️ or me (16:26) 🤷‍♀️ ???

[@szarroug]

Wholesale Ted I agree with you. Thanks for giving me hope. I have been following you for a while and I finally opened my online boutique business ( carrying my own inventory). I made my first two sales after one week from opening my store. Your video came at the right time because I lost hope and faith in myself as I haven’t made any more sales since then. Even though I know I should not despair as my store is only 6 weeks old, but I think it’s lack of confidence and worry about losing more money as I have lost £2K so far on clothes that don’t sell. I will use your advice in the video and keep grinding :). Thanks a lot for your videos.

[@Crowscendo]

you both have a really good point. but knowing that all the hard work you are putting into your business WILL pay off is way better

[@kevinmartin8735]

Neither of you are wrong. Your dad just gave a perspective that was different from yours. I want my freedom but I have to cognizant of costs because I have a family so I see both sides.

[@Peacelovejoy1111]

I agree with dad but think the same way you do. I dont mind spending the money to get things going. Ive been at etsy for almost a year and no sales yet but i dont think i should give up, i just need to keep improving. Just like anything else, it takes practice. Love your videos #amatureseller #etsynewbie #failedscientistcafe

[@jonatancordoba7984]

Well... there's two types of mentalities in this. "The employer" would agree with you, and the "Employee" with your dad. The barrier between the two becomes thicker with time, so... the longer you wait, the longer the jump. PS: I agree with you. Don't have any employees but at least I'm my own boss, haha.

[@DamonNeal]

I suffer from shiny object syndrome soooo much. I have a hard time choosing which idea to focus on

[@Ms.CherrieB]

Swear lol 😂

[@Crowscendo]

Sarah's famous words to remember by... you can always make back your money but you can never make back your time

[@intheworldofmari]

DjArmedWolf wise words✨

[@highontaiwan]

So true. So true

[@MrVAZZ0]

🙉🤯🤯🤯

[@BillyDiamond]

I got off the road years ago as a full-time entertainer. I was criss-crossing the country doing shows while I had a new baby at home I rarely saw. When he was about 1 I made the best decision in my life. I gave up a very lucrative career in which most would say I was crazy to do. I went from mad money to nearly broke to spend time with my child. It is a decision that I still have no regrets over 23 years later. That time could have been totally lost. Today, I do what I love again, on my time. And hey, money is not everything, what you are passionate about and how you spend your time (and who with) is.

[@xingmenneigong]

yes and ive wasted much time trying to make money...

[@johnmorey8107]

My overnight success only took 5 years.

[@luvlynessy]

John Morey Wow 😩

[@johnmorey8107]

@@luvlynessy Yes, thank you. Many take 10 or 20 if ever.

[@intheworldofmari]

Congratulations ✨ you never gave up!!

[@xingmenneigong]

my overnight success left me burnt out and homeless... so no success....

[@moonlightmusicals]

Yes

[@4lezcollection]

I love how brutally honest this woman is while keeping a perfect smile on her face.

[@N33261]

I have started my online business 6 month ago and within 2-3months not making sells I almost gave up. I keep coming back to Sarah’s video to learn and motivate myself and started to make sells every week. I love see my small business grow day by day even though it’s small progress every step is big step for me. Thank you Sarah !!! PS: NZ is my second home 🧡

[@notan03]

Hi Sarah, I just wanted to thank you and everyone else at Wholesale Ted for your amazing videos. I started my site a couple of months ago and work on it a couple of hours a night when I get home from my day job. I actually made my first sale yesterday and it feels like I won an Oscar or something. Anyways, just wanted to give you a shout out and keep up the amazing work! :)

[@intheworldofmari]

notan03 thats awesome!! All the best to you 😊

[@zacbrach]

It’s the best feeling! Good job

[@WakeyWakeyEggsandBakey]

notan03 that's just amazing, well done and keep on that narrow path to success. Love from the UK.

[@jmj_d5207]

Im still waiting for that moment same like you i get home from work and work on it couple of hours takes alott of research... but everytime i go back to it, it looks better :)

[@notreallydavid]

Great work, n, and wonderful comment. Best wishes.

[@cococolonel]

Sera, you didn’t have to roast these people alive but we’re so happy you did! It’s helping so much with my side business (especially McDonalds! I gotta stop.)

[@ShaneHummus]

Good thing I watched and read a lot of articles on how to start my own business. Now working for my first business and I think my problem, for now, is my working time. It takes a lot of time on my niche. But still working on it to make it less work and more results.

[@sonias9722]

How's it going?

[@Sajadela]

My problem is doing too many things. I need to focus. Also that dress is SO GORGEOUS.

[@Justrandom368]

Sara Lake I have the SAME problem.

[@somchai88j]

This is valuable reminder for me. You can get back your money but you cannot get back your time. I will bookmark this video and re-watch many times. Thanks, Sarah!

[@intheworldofmari]

Jim Somchai very true!

[@SuperiorTag]

This is the most authentic and downright Shopify Store Channel so far. Everything I have learned so far from your videos has led me to escape the money-minded, where I only cared for sales and didn't really think for the customer and moved over to how can I bring value to the customer such as Fast Shipping, Better products, reasonable prices, clarity on the store such as right shipping time! Thank you! I hope to learn more on the E-Comm Clubhouse!

[@WholesaleTed]

Are YOU making any of these yourself? 🤔

[@Ar-rb8kv]

When money starts pouring I become lazy and invest less and less time maintaining my websites.

[@WholesaleTed]

That is true. That should DEFINITELY be on the list!

[@somchai88j]

I made them most of the times. This is why I am still going nowhere....

[@mayankgogia8185]

Yes around 4-5 of them!!Need to work on them.Thanks for the valuable content sarah

[@lexie02jones25]

@DEEPFOXJUDE agreed.

[@AverageJaneMedia]

I love how honest you are. "It was ugly then, it's just as ugly now" LOLLLL. Again, a video packed with amazing value. I'm SO HAPPY I found your channel.

[@prettyislandgirl]

Another great video Sarah, I think you got me on the not outsourcing tasks. I too, value time over money but I find it hard to involve others as early as I am in the process. Thanks for making such jampacked thought-provoking videos.

[@TheEarthCreature]

You've quickly become my favorite youtuber. You're a brilliant woman. Thank you for all the work you put into these videos.

[@RalphErvin]

This was the first video of yours I’ve ever watched and I just want to thank you for it. Very well done with heaps of value. Thank you.

[@AdaywithDestiny]

I have made all of these mistakes! All!!!!! 😅 and I am still inspired enough to start a new business venture as we speak. I needed this video, just went back to my website and changed a few things. Thank you!!!!!!!!

[@MrRooroo13]

The last one HIT me. Thanks Sarah, genuinely.

[@YourOwnWay]

I LOVE this video. The time > money perspective is just what I needed to hear. Thank you!

[@ProjectREST]

Thanks Sarah, we love your upfront honesty!! Keep up the good work :)

[@nublius]

I've been following you for some time and have never placed a comment on any of your previous videos regardless how much I enjoy the value you provide, but this time you definitely deserve a big THANK YOU SARAH!... Videos like this help people like me find their way out of the rat race. I am still trying to create my business, the problem is that I live in Latin America where e-commerce is not as big as it is in the US, EU or NZ, not pretty sure if it is worth it but at least I want to try and you have been a very big inspiration for that.

[@folicreppy5592]

Number 10 has literally changed my entire approach to my entrepreneurial endeavors. Thanks for consistently providing us with awesome content!

[@heathercarlson3846]

Sarah -- you totally got me with #5! Since starting my online reselling business two months ago, I found myself going to McDonalds constantly!! It has gotten to a point where I am exhausted, sluggish and down right fighting to get energy to do the things that I need to excel my business!! Although, some may find that tip silly, I think it is one of the best tips in this video. You really have to take care of yourself first before you can carry your amaziness into any business. Also, any more resources for healthy eats?! From your stereotypical American Rubbish Eater across the pond

[@allyall22]

great video! thanks for the wisdom you share time or money, you put it very visual and easy to remember 🎯

[@michellewatts7785]

Excellent info as always Sarah. Mistakes to avoid for sure. Thanks for all you do.

[@Soniboy84]

17:44 "Remember, you can always make back your money...but you can NEVER make back your time". This hit me on many levels. So true! Today I was actually under a decision to go to a 9-5 interview for a remote job (i'm currently 9-5 local), or not to go. I couldn't make up my mind, but deep down i felt that this isn't what I want. What i want is scalability, freedom to set my time, freedom to work less (eventually) and explore the new world of being a business owner. This message made me change my mind and cancel the interview, so I can focus on working on myself rather than working for someone else's company. Thank you!

[@mnshorten]

I LOVE what you said about not being able to make back your time. This made a very big impression on me. Your videos have been a blessing!

[@intheworldofmari]

Monique Shorten she is such a blessing 🌸 all the best to you 😊

[@stevenprince3868]

Thank you Sarah...you are truly inspirational and push many of us into action!💥

[@onlineenglishadventures7190]

twenty thumbs up!!

[@WhatLiesBeyondTheVoid]

"You can always make back your money, but you can never make back your time".... Wow that resonated with my the soul! Thank you for giving me a daily quote to serve as inspiration to grow my online business (and for such informative videos too!!) ♡♡♡

[@msmo3527]

A critically important discussion on the superior value of time and health over money. I appreciate you Wholesale Ted!!

[@boricua7406]

Great video Sarah. It has helped me in more ways than I can say. Keep up the fantastic videos. Cheers 🥂

[@680milo]

Excellently presented video. And it was still a well of information I can apply to myself and my business goals online. Thanks, Sarah.

[@devpac7861]

Holy cow that last bit on time is exactly what ive been realizing lately. Like you, i don't think about the money as much as ive found ways that work for me in my business, however after a few years of business im starting to really appreciate the little free time i have for family and myself. Mistakes eat up time, although i learn and persevere through those mistakes, its still something i can never get back. Love the animations, vids are really more fun to watch now.

[@ShannonMarie_aguafiestasvlogs]

Love your videos!

[@laszlosoltesz3772]

Hello Sarah, I just discovered your KZbin channel yesterday and have watched about half a dozen of your videos. I like what you have to say. Congratulations on your success, with your clarity of mind I have no doubt that you will continue to succeed in any venture you choose.

[@RussellPedenPlatinum]

Excellent information Sarah! I have a successful Direct Sales/Network Marketing business. You're content in this video applies to all businesses! I'm going to share your video with my Leaders on my team, so they then share it with their Leaders!

[@jaytaztt]

This is exactly what we needed, a gentle reminder of how life works.,.,., thanks Wholesale Ted lady :-)

[@supercoolbrat]

Hey Sarah...great efforts...your videos are always inspiring, informative and can easily be understood by visitors... especially with the help on animations... And your hold and knowledge on consumer psychology is amazing...keep up the good work Sarah..! 😊

[@cabrondemente1]

The comparison between time and money at the end is the best advice I've heard in years. Thank you Sarah.

[@mompreneurlife]

Excellent tips. Thanks for writing!

[@jvilla3372]

Sarah thank you for this information... another great tutorial from you. A new business takes time to see returns. I am excited to be on this venture... Looking forward to your next video.

[@Lb2Shay]

Finally taking the time to read over your e-book. Lot of your vid plug-ins I've already listened to in the bckgrnd while wrking so the recap is always golden. As since I listen to in the bckgrn while wrking on my business, sum details I miss. Like your advice on Product Discriptions and adding in a External plug which I had thought abt also. Since have been "practicing" with t-spring first. I like that I'm able to make my listing private or unlisted, while I'm still in practice mode and navigating and figuring out the Best way to set up my store. Thanx for your advice. Nxt up your drop shipping vid, I don't think I've seen it yet

[@Sandy-pr9fh]

just going through your ebook. This video is still pretty relevant. Great advice. Thank you.

[@Tuttivid]

After investing in several online programs over the course of years always with a degree of disappointment I find myself circling back to you Sarah and your refreshing, honest, clear take of becoming an online entrepreneur. I have finally subscribed to your channel and hope to binge watch everything you have published as I pursue POD. I have been approved as a Merch by Amz seller and look forward to taking the plunge with the positive mindset you exude.

[@mrbinary71]

Thank you for all the great FREE content. I mentioned your Channel in a Marketing Group and hopefully it'll get you a few more subscribers

[@morganlilly4527]

Much love Sarah! Thanks!

[@shaunearsom7420]

This is one of my favorite videos of yours. This was when I realized I could do an online business. I realized, like you, I value time not money. I realized taxes aren't big and scary. You learned editing tricks and hiring people to make animations for your video will increase views! :D

[@BusinessBasics]

Thanks for sharing! I treat my new KZbin channel like a business and hope that the mindset of consistent work and dedication will bare its fruits in the long run. 3 months in already!

[@7SENT.]

Definitely resonated with me. Thanks for the info. You are greatly appreciated!!

[@soram7549]

Your last words stuck me so hard. Im currently at work watching your videos and i always work on my designs for my future online shop at work too.. i was always scared that i should not be splitting my concentration between work and passion but... i agree TIME is precious and if you think u r wasting time move on to something more productive♥️ Thank you

[@Dagmicl]

Omg this video is gold from Start to finish and so entertaining quoting your subscribers with real examples !! Thanks a lot!!

[@amberkinzel5392]

Thank you for this video! I needed to hear this today! ♥️

[@aeriaglorissaint]

Sarah, thank you for the info. This video was very motivating, keep up the great work.!

[@stuartmvg]

Great video! This is a great reminder of all the work that needs to go into being an entrepreneur!

[@dchiffy]

great to see you alive and kicking sarah. keep up the great vids

[@marcheno7431]

Double thumbs up from me Sarah! Many thanks for all your valuable insights!

[@zacinindy]

Ok point #10 really shook me. That's the most brilliant thing I've seen on your channel. Thanks Sarah!

[@Wendy-yu3hg]

I've sometimes heard the advice of "scratching your own itch" when it comes to finding a niche. How do we know if we're just going for a niche we enjoy or having a negative cognitive bias, especially when we're early on in the process and may have little to no client feedback?

[@martsblog]

Another insightful video! Thanks Sarah! A mindset shift is definitely required in order to escape from a life of being an employee to the life of freedom in entrepreneurship. Nice share of your travel pics!

[@sarahhedley7417]

Thank you so much for your videos! I made a couple sales my first month though Redbubble and Etsy! :)

[@anuraliz1023]

Love your videos and how you presenting you ideas. The animated short clips are kinda cute and really getting my attention to your words 😊

[@emmanorman4404]

That was amazing 🤩 I can see my mistakes clearly because it was put together so succinctly! Thank you!

[@S23kp4]

Hi Sarah, Amazing video!! I agree with you; it really landed. Thank you for this stunning insight. Much appreciated. -Sean

[@qqqcalls]

Thanks Sara, thanks for the encouraging video. Getting ready to launch two shops.

[@intheworldofmari]

R wow!! All the best to you 😊 😊

[@qqqcalls]

@@intheworldofmari Thanks! One site is live now, I am just waiting to get some footage from a fiverr model so that I can create an ad. The the second site is POD and I am waiting for samples for quality control.

[@brigglerintune]

One of your best videos ever! Strong finish. Invest in making time. Awesome!

[@mitchmcquinn]

Seriously learned one of these lessons hard this week. I have so many ambitions and yet lately been sooooo tired. I cut out all the carbs and sugar and just after 2 days I'm so much more motivated. Also, Sarah, your awesome and looking good girl!

[@singinbuty17]

This was a great video! Very honest, a bit cheeky, and super helpful. Thanks.

[@katherineolsenmartins7564]

Great video as always Sarah! Thanks you for sharing your knowledge. Would you do a video on the “behind the scenes” of an online business? I mean, opening your business legally, what professionals to look for for that (lawyers, accountants...?), how taxes work for this kind of business (besides Income Tax), etc.? Thank you!

[@christosharrison]

11:01 - Brilliant!! Thank you Sarah. Made me smile 😁

[@fallen546]

The concept of time preservation is a great reminder, and pretty motivating. Great video 👍

[@natypreher]

Thank you Sara I love your videos. There are many people out there trying to do the same as you, but for some reason I trust you more than others. You just seem like a real person, honest and just yourself. I love your philosophy of time being so valuable I think most people dont realize how they have a limited time in this world. Thank you, I will follow your advice.

[@UsmanAli-ox3mn]

Your full-time animator is really working. I found you video entertaining and informative.

[@KiKiabout]

Excellent... Thank you!

[@JOESUBA122]

You are the best! Your page has helped me get my company in order! THANK YOU SO MUCH

[@littlegirldidi]

The only "10 mistakes entrepreneurs make" that I needed to hear. Thanks sis 🙏🏽

[@sameera1226]

very true and very helpful. Thanks, Sarah

[@ghettocertifiedhiphop9554]

Love the way you explain things. You are Awsome. Thank you for being a big help.

[@TheSittingSocietyDoc]

Incredible! Very inspiring! Thank you, Sarah!! ❤️

[@danielalcivar6395]

thank you for making it interesting until the end, Sarah. Very insightful.

[@blackicxy9005]

Thanks for the help!!

[@phenixwars1]

I'm gonna save this video and rewatch it whenever I need a boost. I especially appreciated the unexpected mistake of not eating well. This is something I do daily and as a consequence my health stops me from getting things done. As well as being worried about losing money and in my case, getting into more debt, which to me is the same thing. I have a lot of mental and physical changes to make, but at least now I know where to start. Thank you! This is honestly the KZbin channel I value the most. Thank you for your hard work.

[@OgolordIntl]

Great value, Thank you Sarah.

[@rickharold69]

Awesome thanks!

[@marcobarucco4915]

You are really good. Informative, upbeat, lots of sense. Really like it

[@jorgenlauritzen3368]

This is so great! And this is why, in 3 easy steps. From a filmmaker to you who wants to make YT videos that work: 1. super-powerful interesting and useful "straight to the point" content...no fluff, interresting even for people outside the films target group, the wiever gets value from the first sentence and you are not forced to buy to many books, courses and other products related to the chnnel. 2. Wery well produced, looks like "lets just tape you in the office with my phone" editing and sound is taken good care of but its not "over produced" its down to the ground doable. 3. Delivered by a believable, trustful, onest, sweet person with true knowledge that i feel wants to help me....the recipe for sucsess people. Well done and good luck to all you viewers!

[@jawadtajwarmehrab9161]

hello there!! love the content of yours you talk about and mostly I love this financial education so I'll be keep watching your videos 😌😁

[@aivarasbabickas515]

Amazing video. I learned a lot of good things from you :) Big Thankyou keep posting such great videos.

[@hazara4ever187]

Pure value. Thanks alit.

[@Anderhils]

Very insightful video!

[@crazyleaf257]

I LOVE that u mention diet!!! It's so true! We have to think holistically about our lives. In America we are so compartmentalized, leaving diet conversation for only people at the gym. I'm a massage therapist and even talk to my clients about their diet. People don't acknowledge that diet is important even in entrepreneurship!

[@valerioviale539]

You are amazing Sarah. Loving all, contents and the style your deliver it.

[@digitalincometactics9858]

love your accent you are direct and right to the point!

[@Falney]

It took 2 years before my second business was profitable. But then the product was in development for 2 years. Then the first week end netted US$26k

[@teachdichde]

Great video again Sarah and so true words. Best regards from Germany, René 🙋🏻‍♂️😊

[@Redge.]

Your content is immensely helpful. Thank you!

[@birdy-bee]

This is one of your best Sarah. And your animations are always hilarious!

[@cirtey29]

Seen many videos of yours. You are blessed by clear thinking.

[@dizdelacruz1325]

I love your videos. They are so inspiring, but realistic at the same time.

[@aziebb]

The last bit, between 17:08 and 17:32 I felt that. Value perception. Short term pain/sacrifice for that long term gain/success. Anywho, love your channel! I had a few days of work and have spent them watching your videos! Thank you for all this great content!