Ephor Management Science - Ephor Group is an advisory firm that provides expertise, resources and useful capital for emerging businesses.
The Most Common Founder Mistakes
At Ephor Group our partners meet with and "research survey" more than 400 business owners per year. Over the past decade we have learned that their are fundamental, core mistakes that prevent wealth creation. Here are our top ten most common founder mistakes:
- Failure to Gain Outside Perspectives
- Choosing Lifestyle Advisors or Trusted Advisors over Wealth Advisors
- Putting People Ahead of Process: Barriers to Scale
- Failure to Create Systems: The Benefits of Branded Attributes and Franchise Effects
- Failure to Achieve Constituency Alignment
- Lack of Focus and Resources Dedicated to Creating a Perform Culture
- Believing You Have a Sales Problem When Operational Shortcomings Exist
- Failure to Plan and Adapt to Change
- Delaying Success: The Outcome of Fear and Hope
- Taking Money from Friends, Families, and Fools: The Difference of “Useful Capital”
Quotes
- Garry E. Meier
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