They Dream Rather Than Do
This isn’t the case for every business, but I’ve come across a few startups that attempt to offer a piece of the pie ‘when they hit it big” or ‘when they get funding’ in lieu of paying for that essential marketing or publicity launch campaign. These ‘offers’ don’t fly with my business model. Everyone has ideas. Execution and taking those ideas to market is crucial to success.
– Angela Delmedico of Elev8 Consulting Group
They Don’t Explain Their Reasoning
Every company is different, but I have generally found that folks who rely on faulty business practices share a number of common traits. One of them is an over-reliance of concepts, like career advancement, or the insistence that they offer a great opportunity coupled with an unwillingness/inability to elaborate further.
-Steven Buchwald of Buchwald & Associates
They Make Late Payments
We have traditionally been very careful regarding the clients we choose to work with. We carefully vet each client to ensure they are a good fit and we see strong, long-term SEO potential. Unfortunately, if your clients can’t pay their bills, they may not be managing their business well, and you may be the next victim trying to collect on an unpaid balance. It’s important to not let your clients get behind on payment.
– Chris Rodgers of Colorado SEO Pros
The Deal Seems Too Good to Be True
Listen to your intuition. If it’s too good to be true and everything seems to be moving too fast, then it’s time to slow down. Plant your feet into something solid and recenter yourself and your view of the business.
-Arry Yu of Gift Starter
Learn more about negotiations for your business here on Tech.Co