THE BLOG

5 Business Mistakes That Cost Me Time, Money & Growthβ€”And How You Can Avoid Them

Nov 28, 2024

Running a successful, sustainable business isn’t about getting everything right the first time—it’s about learning, evolving, and adapting as you grow.

After 5 years in business, 10 years helping others build businesses, and 20 years helping people achieve financial goals, I’ve made mistakes you won’t learn about in any business course. But each mistake came with a lesson, and I’m sharing them here so you can avoid them (or at least recover faster).

πŸ“Œ Want to scale without burnout? Download my free CEO Vision Formula to get my exact framework for clarity, team structure, and scaling with ease.
πŸ‘‰ https://www.kaitlyncook.co/swipemyceo


Mistake #1: Assuming My Team Would Care As Much As I Do

I used to believe that if I hired the right people, they’d take initiative, solve problems, and be as invested in my business as I was.

The truth? No one will care about your business as much as you do.

What Went Wrong?

❌ I hired without clear direction, assuming people would just “figure it out”
❌ I thought a big team meant faster growth—when in reality, it created more chaos
❌ I lacked clear Standard Operating Procedures (SOPs), so my team was left guessing

The Fix: Set Clear Expectations & SOPs

βœ” Document your processes so new hires follow a system, not assumptions
βœ” Hire doers, not just thinkers—especially in the early growth stages
βœ” Train your team in the way that works best for YOUR business

πŸ“Œ Need a clear framework for team structure & delegation? Get the CEO Vision Formula
πŸ‘‰ https://www.kaitlyncook.co/swipemyceo


Mistake #2: Putting All My Revenue Into One Client or Project

At one point, I dedicated an entire quarter to one major client. The project was amazing—but when it ended, I had no new leads lined up.

What Went Wrong?

❌ I neglected my pipeline, so when a contract ended, revenue stalled
❌ I overdelivered to one client at the expense of growing my business
❌ I had no system for consistently attracting new clients

The Fix: Diversify & Build a CRM System

βœ” Maintain a steady flow of leads—don't rely on one client for income
βœ” Keep a waitlist so when one project ends, new clients are ready
βœ” Use a CRM system to track leads and follow up consistently

πŸ“Œ Not sure how to structure your client pipeline? The CEO Vision Formula gives you the exact framework.
πŸ‘‰ https://www.kaitlyncook.co/swipemyceo

 

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Mistake #3: Waiting Too Long to Launch My First Course

I had the expertise. I had the knowledge. But I delayed launching my first course for four years because I thought I needed more certifications, more confidence, more everything.

What Went Wrong?

❌ I kept telling myself “I’m not ready”
❌ I let perfectionism delay me for years
❌ I underestimated how much I’d learn by just doing it

The Fix: Take Action Before You Feel Ready

βœ” Confidence comes from doing, not waiting—just launch it!
βœ” Start with a beta version—test, refine, and improve over time
βœ” Stop comparing yourself to others; your knowledge is valuable NOW

πŸ“Œ If you're holding back on launching something new, this is your sign to JUST DO IT. Need a structured plan? Download the CEO Vision Formula.
πŸ‘‰ https://www.kaitlyncook.co/swipemyceo


Mistake #4: Changing My Offerings Based on Other People’s Opinions

When my confidence was low, I took everyone’s advice—even from people who weren’t my ideal clients.

If someone told me to change my pricing, package, or positioning, I did it. But these weren’t people who were actually buying from me.

What Went Wrong?

❌ I pivoted too often, making it hard for clients to understand what I offered
❌ I changed my offerings to suit one person’s opinion instead of my ideal audience
❌ I spent more time rebuilding than actually selling

The Fix: Stick to Your Offer & Give It Time to Gain Traction

βœ” Trust yourself—design offers based on expertise, not random feedback
βœ” Give your offers time to gain visibility before changing them
βœ” Only take feedback from people who are your actual clients

πŸ“Œ Not sure how to package and price your offers? The CEO Vision Formula helps you structure scalable, profitable services.
πŸ‘‰ https://www.kaitlyncook.co/swipemyceo


Mistake #5: Thinking Strategy Alone Was Enough

I was a strategy-first person. I thought having the perfect plan would guarantee success.

What I didn’t realise? Mindset & emotional resilience matter just as much.

What Went Wrong?

❌ Clients would start strong, then hit an emotional block & stop showing up
❌ I focused only on execution instead of helping clients navigate mental roadblocks
❌ I ignored how fear & self-doubt affect business growth

The Fix: Combine Strategy with Mindset Work

βœ” Teach clients how to move through fear, not just execute a plan
βœ” Simplify your growth process so overwhelm doesn’t stall progress
βœ” Recognise that growth is emotional—prepare for discomfort

πŸ“Œ Need a balance of strategy & mindset? The CEO Vision Formula helps you map your next steps without the overwhelm.
πŸ‘‰ https://www.kaitlyncook.co/swipemyceo


Final Thoughts: Your Growth Isn’t a Straight Line—And That’s Okay

Every mistake I made pushed me to grow.

They taught me resilience.
They helped me refine my approach.
And most importantly, they made me a better business owner.

Now, I want to help YOU skip the hardest lessons and scale your business with clarity.

πŸ“Œ Want to avoid these mistakes and scale without burnout?
πŸ‘‰ Download the free CEO Vision Formula for my exact framework to streamline, scale, and stay sane.
https://www.kaitlyncook.co/swipemyceo

πŸ“Œ Or book a strategy call for personalised guidance.
πŸ‘‰ https://calendly.com/kaitlyncook/strategy-call-clone-2

πŸ“Œ Want more business growth insights?
πŸ”Ή Watch Business Scaling Tips on YouTubehttps://www.youtube.com/@GrowWithKaitlyn
πŸ”Ή Follow Daily Business Insights on Instagramhttps://www.instagram.com/kaitlyncook.co
πŸ”Ή Connect for Business Growth Strategies on LinkedInhttps://www.linkedin.com/in/kaitlyncookbiz/

πŸš€ Your business growth is waiting. Let’s make it happen.

     

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