7 Videos over 14 Days

Salam!

Its been two weeks since I published my first video, and here is the list for you, I appreciate your feedback as always and any support 😄

1. I Made 100 Business Mistakes. This is #1. (Mistake #1)

• The Mistake: Choosing a short-sighted business partner who lacked long-term commitment and vision for the business (only seeking quick wins), which wasn't protected against in the legal and shareholder agreements.
• The Takeaway: Ensure partners share a 5–10 year horizon and reflect commitment expectations legally upfront.

2. NEVER Say "YES" to a Business Partner Before Doing This (Mistake 99/100) (Mistake #2 / 99)

• The Mistake: Agreeing too quickly to let an early investing partner exit and cash out their money when they asked to leave, placing immense financial stress and operational distraction entirely on you.
• The Takeaway: Never decide impulsively under emotional pressure. "Sleep on it," consult legal/advisors, assess the impact on operations, or default to saying "no" initially to honor original agreements.

3. NO MORE "Silent" Business Partners (Mistake #3)

• The Mistake: Bringing in completely passive, disengaged "silent" partners who do not participate, advise, or stay informed.
• The Takeaway: Establish clear engagement expectations from the start, maintain regular updates (at least quarterly), and keep shareholders involved rather than disconnected until problems arise.

4. The Fastest Way to Lose Your Best Friend | Mistake 97/100 (Mistake #4 / 97)

• The Mistake: Partnering with friends without clearly defining and differentiating business roles and personal relationships, risking both the company and the friendship when conflicts arise.
• The Takeaway: Set firm boundaries and agree in advance on decision-making authority, failure scenarios, and how the friendship will be protected regardless of business outcomes.

5. Why I Walked Away From a Family Business | Mistake Five (Mistake #5)

• The Mistake: Bringing unresolved, dysfunctional family dynamics into a family business where hierarchy was dictated by family status rather than competence or merit, leaving roles undefined.
• The Takeaway: Evaluate household dynamics before going into business together, define distinct professional roles, and draw strict boundaries between home and office.

6. The "Honeymoon Partner" Trap And How to Handle It | 100 Business Mistakes (Ep. 6) (Mistake #6)

• The Mistake: Failing to immediately confront a "honeymoon partner" who started with excitement but gradually stopped fulfilling financial or operational commitments.
• The Takeaway: Address non-responsiveness and delays directly and early. Define upfront contractual counter-actions and consequences if agreed milestones or capital calls are missed.

7. The Danger of Taking All Their Money: Business Mistake #7 (Mistake #7)

• The Mistake: Accepting an investment from a partner where it represents all (or the vast majority) of their net worth, or taking money from a first-time investor with unrealistic expectations who cannot stomach business risk or loss.
• The Takeaway: Don't take all an investor's capital (keep it capped to a modest portion, e.g., 10–20%), ensure novice investors understand the true risks of business failure, and establish clear exit and downside documentation beforehand.