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Avoiding Mindset Pitfalls for Profit

The document outlines 7 mindset pitfalls for business owners and entrepreneurs to avoid including overthinking, being a perfectionist, being inconsistent, being ignorant, not stretching oneself too thin, complaining or being negative, and thinking there is a silver bullet solution.

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Ly Hoang
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5 views1 page

Avoiding Mindset Pitfalls for Profit

The document outlines 7 mindset pitfalls for business owners and entrepreneurs to avoid including overthinking, being a perfectionist, being inconsistent, being ignorant, not stretching oneself too thin, complaining or being negative, and thinking there is a silver bullet solution.

Uploaded by

Ly Hoang
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

7 Deadly Mindset

Pitfalls to Avoid

1 Don’t Overthink It
i.e. Not testing new menu ideas or pricing in fear of poor reaction from customers

2 Be A Perfectionist
i.e. Waiting for the "right" time to launch a new dish or prolonging your opening
until everything is exactly how you want it to be

3 Be Inconsistent
i.e. Waiting for the "right" time to launch a new dish or prolonging your opening
until everything is exactly how you want it to be

4 Be Ignorant
i.e. Not being aware of the huge vegan or green movement in the f&b space
and society

5 Don’t Stretch Yourself Too Thin


i.e. Not delegating tasks to your manager to run training of new staff

6 Don’t Complain Or Be Negative


i.e. Complaining about customers not understanding the price of your menu

7 No Silver Bullet
i.e. Thinking that getting a feature on the newspaper will solve all your problems

Module 1 - Lesson 1
Develop The Money-Making Mindset
[Link]

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