7 Traps That RUIN Entrepreneurs (in 7 Minutes) – Why Entrepreneurs Fail & How to Avoid It

If you're an entrepreneur, or you're going to start your own business soon, then you'll want to make sure to avoid these 7 traps or pitfalls that many entrepreneurs fall into.

Many of these traps have ruined entrepreneurs, stopping them in their tracks, and in many cases, affecting their health and relationships.

After 12 years of entrepreneurship, and seeing a lot of other business owners come and ago along the way (and falling into many of these traps myself), watch this video all the way through so that you can learn what these pitfalls are, and also how to avoid them.

-=-=-=-=-

Listen to podcasts? Here are a couple of podcasts that I personally host (with over 65 million combined downloads) that will help you on your online business journey:

The Smart Passive Income Podcast:

AskPat (these are real life business coaching calls):

Also, have you thought about starting your own podcast? Check out my famous podcasting tutorial here on YouTube, the #1 podcasting tutorial on the platform:

The podcasting equipment I use:

My video and live streaming equipment:

Also, follow me at these places below and say hi!

Personal site:
Instagram:
Twitter:

Cheers, and as always, #teamflynnforthewin

Be Sociable, Share!

    , , , , , , , , , , , , , ,

    17 Responses to 7 Traps That RUIN Entrepreneurs (in 7 Minutes) – Why Entrepreneurs Fail & How to Avoid It

    1. Harshdeep Mishra July 16, 2020 at 5:28 pm #

      Thanks for the info!

    2. Lisa Hobelmann July 16, 2020 at 5:34 pm #

      Very helpful Pat. Your Smart From Scratch course helped me with clarity and gave me the ability to move forward with my Downton Abbey podcast. Thank you for providing it for free during this time. I also highly recommend your (BYOB) Build Your Own Brand course. They have helped me so very much. ❤️

      • Margaret McLaren July 16, 2020 at 5:58 pm #

        His BYOB course is SOOO helpful!

      • Lisa Hobelmann July 16, 2020 at 6:08 pm #

        Hello Margaret! Isn’t it the best? I’m working on the podcast launch and I still refer back to BYOB. I think highschoolers and college students should take it. It would help give them focus and clarity about their futures.

      • Margaret McLaren July 16, 2020 at 6:33 pm #

        Hey Lisa! Totally the best! I’ve for sure worn out my videos of it. It does bring clarity and focus to anything you’re doing, be it business or not.

    3. Nadia Martineau - Let's Get Rich Together July 16, 2020 at 5:45 pm #

      I’ve definitely lost focus before. Sometimes I feel like I’m jumping all over the place and need to work on sticking to one thing!

    4. Geoffrey Nkanza July 16, 2020 at 5:46 pm #

      Great Content as always! Thanks Pat!

    5. Fabiano Pina July 16, 2020 at 5:57 pm #

      Thanks for the video Pat, at least one thing helped me immediately

    6. Margaret McLaren July 16, 2020 at 5:57 pm #

      I’m horrible about shiny object syndrome! It’s especially hard when it seems like it would be a good opportunity. But sometimes I just have to say “not right now”.

      I think I’m going to put a reminder to rewatch this in Trello or my planner to keep it fresh in my brain. Thanks Pat! #TeamFlynnforthewin

    7. Zhenya & Vlada - House of Creators July 16, 2020 at 6:18 pm #

      Definitely something worth knowing man … So much worth knowing it …

    8. Martin Hewlett July 16, 2020 at 6:44 pm #

      My work ethos has always been to continue until I succeed. I will apply this to my new business.

    9. Mare Meyer July 16, 2020 at 7:06 pm #

      Thank you

    10. MoonaticDestiny July 16, 2020 at 7:27 pm #

      I think an isometric shot of money on a mouse trap would have looked better than a birds eye view. Still good though.

    11. Milan Drobnjakovic July 16, 2020 at 7:50 pm #

      Huge thumb up for the thumbnail!

    12. Robert C. Brown July 16, 2020 at 8:50 pm #

      Another great video Pat. Your videos continue to provide direction and support to so many of us. Keep up the good work mate, it’s inspiring me to do the same on my channel. Thank you 🙂

    13. John Michael Dornoff July 16, 2020 at 9:36 pm #

      Thanks for the advice Pat, I know there is a couple of those pitfalls I need to avoid.

    14. RevistaWP July 16, 2020 at 9:59 pm #

      What a great video. Thank you

    Leave a Reply