85--Top 10 Startup Mistakes to Avoid--No.1: Ignoring Your Risk Perception

Entrepreneur Soundoff!

Over the past two decades, I've launched led and sold multiple GovCon companies and during this time, I've discovered that every struggling small business in the GovCon market space...is struggling because of one or more of the SAME ten mistakes.

Here they are…
•They don't address the assumption that everybody in the GovCon industry makes…and that is that they’re risky to work with just because they’re a small business

•They "fish from the same pier as everybody else" instead of pursing markets where billions of dollars in small business earmarks are left on the table because they can't find enough qualified small businesses to give it to

•They skip creating Account Plans to develop strategies regarding how to best sell their services to specific agencies and organizations.

•They don't differentiate their company form the 140,000+ small businesses in the GovCon industry…so they're never noticed! This is especially true when they lack impressive past performances!

•They don't know how to maximize their bid scores…believing the "best company" wins and not the highest scored proposal.

•They don't know how to play the GovCon "numbers game" that will mathematically guarantee their success

•They focus on level of effort tasks that make them feel good about making progress…and not the "uncomfortable" tasks that grow their business

•They don't effectively market their company to the 40,000 PLUS business development executives at large GovCon companies…who can completely change their lives

•They don’t “connect the dots” to show value in their proposals because they don’t use a TEMPLATE Approach

•They never take the plunge to start their company because of their fear of failure…and never know success
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To get on the fast track to government contracting success, visit our website at:
https://governmentcontractingacademy.com/
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Follow us on other platforms to stay up to date on the latest GovCon tips and tricks:
GCA’s Linkedin ▶ https://www.linkedin.com/company/governmentcontractingacademy/
Randy’s Linkedin ▶ https://www.linkedin.com/in/randal-wimmer/
The Entrepreneurial Times ▶ https://theentrepreneurialtimes.com/
Our Podcast ▶ https://open.spotify.com/show/4T2hq4ymWn4v9hI2hmdxuk?si=0e2aa77541b34b45
Our YouTube▶ https://youtube.com/@GovConAcademy

_________________
To get on the fast track to government contracting success, visit our website at:
https://governmentcontractingacademy.com/
_________________
Follow us on other platforms to stay up to date on the latest GovCon tips and tricks:
GCA’s Linkedin ▶ https://www.linkedin.com/company/governmentcontractingacademy/
Randy’s Linkedin ▶ https://www.linkedin.com/in/randal-wimmer/
The Entrepreneurial Times ▶ https://theentrepreneurialtimes.com/
Our Podcast ▶ https://open.spotify.com/show/4T2hq4ymWn4v9hI2hmdxuk?si=0e2aa77541b34b45
Our YouTube▶ https://youtube.com/@GovConAcademy