5 Mistakes Millionaire Entrepreneurs Make

January 14, 2011  |  

(Black Enterprise) — Being afraid to take the leap: “The biggest mistake I think people in business make is they don’t take the leap and this is the main thing I wanted to know from the 45 entrepreneurs I interviewed,” Jordan says. Even Soin, who started MTC with $1,700 and sold it for $425 million, was hesitant at first. Before starting the company, he tried dipping a toe in the water, operating the business as a side venture and it was an utter failure. It was only at the point when he decided to jump in with both feet that it worked.

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