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Thread: Errors youve made in business startup.

  1. #1
    Hosting Guru TheCoder is on a distinguished road
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    Errors youve made in business startup.

    What i did wrong when i first opened my web hosting company was buying a dedicated server and then later knowing that i never had enough money to keep up with the next month. I also got no signups and was just shocked with what i did. I wouldnt mind here what mistakes you guys made while starting up your buisnesses.

    Regards,
    TheCoder

  2. #2
    Hosting Guru Webviper2006 is on a distinguished road
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    Well if you get hosting you are going to wait a long time intel a person gets you. The best thing you make a GOOD DEAL then put ads on other people's websites.

  3. #3
    HWHT Addict deLe is on a distinguished road
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    Hm...
    You mean, telling them that there will be no ads and then, after they buy, put ads on their sites?
    It's not good....

  4. #4
    HWHT Addict Dotnamehost.com is on a distinguished road
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    I can't say I made a error yet that I know of I guess maybe I could have stuck with my old hosting name speedyhosted.com. I moved because speedyhosted.com was just a free reseller I started out with. Now I have my own server etc so I moved to new domain one because I made the mistake of registering speedyhosted.com at a cheap domains site that wouldn't allow custom nameservers. In the end I ended up using one of my other hosting domains dotnamehost.com but it is going ok got more client then I thought we would by now.

  5. #5
    Hosting Master jtnhosting is on a distinguished road
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    Wow then you're one of the lucky biz owners

  6. #6
    HWHT Starter KGIII is on a distinguished road
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    Assuming SPAMers were smart enough to go away and not give us more money by trying to sign up again even after a bill for $500 USD that they'd not paid. Truly - that's the biggest. We spent a year and had/have plenty of funding so, well, it was only rational that we miss something.

    KGIII

  7. #7
    HWHT Starter Goodone is on a distinguished road
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    Error will happened in the business. To avoid error we must not repeat the error.

  8. #8
    HWHT Starter lololopezz is on a distinguished road
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    I made lot of error in the new business after 2-3 years I don't make lot of error.

  9. #9
    HWHT Starter gerogecha1 is on a distinguished road
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    I have started the business but I can't get the profit and I leave that business. Now I am starting web designing business.

  10. #10
    Hosting Guru Akshay_M is on a distinguished road
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    Started big
    Did not mass-fire people
    Trusted in employees
    Became friends with employees
    Relied on one income source for the business
    Allowed myself to bring in partners when I didn't need them
    Allowed in investors when I did not need them
    Took unnecessary debts
    Paid for business from my own pocket to keep it floating
    Focused on a failing business and neglected successful ones losing all
    Gave a chance to slacker suppliers and employees
    Didn't have proper auditing procedures
    Delegated without auditing process
    Didn't use contracts
    Relied on others to do their job on critical things
    Allowed myself to get extorted to get tasks done
    Allowed office politics
    Trusted people in general

    These and many more earned me a Ph.D in real life business.

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