Worst Advice for Small Business Owners: 5 Things to Know

There are a few words of wisdom common among new small business owners, but an article posted on Mashable discusses five of the worst pieces of advice a new owner can take.

Advertisement

The worst pieces of advice are:

 

1. Hire people you know: focus on hiring for specific expertise and skills instead.
2. There’s no room for you in the market: Instead, fill a void within your target market.
3. You have to be cheaper than competitors: Figure out how to bring value instead.
4. Social media is free: It takes time and effort to do.
5. You have to spend money to make money: Learn the difference between spending money and investing in the business.

 

More Articles on Surgery Centers:
12 Statistics on Surgery Center Staffing FTEs

CMS Final Rule Adds 4 Procedures to ASC Approved List

ASC Administrator & Physician Champions: The Relationship Every Successful ASC Needs

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in Practice Management

Advertisement

Comments are closed.