Ep.20-Jump Series: Top 8 Mistakes by Beauty Founders
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In this episode of Jump Series, Rohit Banota shares Top 8 mistakes, early-stage beauty founders make, why is that a mistake, how to avoid the mistake with examples of beauty brands. Watch/Listen! Timestamps and Key Insights 01:34.8-Mistake number one, Passion for solution versus the problem. 05:53.8-Mistake number two, Not validating 3 growth engines 09:52.5-Mistake number three, Lack of focus: problem, consumer, products, channels 12:31.1-Mistake number four, Overemphasis on large player 15:51.8-Mistake number five, Lack of focus on margin and profits 19:32.7-Mistake number six, Frequent promotions and discounts 23:10.1-Mistake number seven, Poor understanding of the importance of cash flow 24:58.6-Mistake number eight, Going to retail too early and il equipped with no strategy -Subscribe to our podcast & don't forget to leave a review  -And then go to ⁠⁠⁠⁠⁠https://jumpaccelerator.com/quiz/⁠⁠⁠⁠⁠ for finding out how ready is your beauty brand for profitable growth &  -TAKE YOUR FREE ONLINE COURSE: ⁠https://jumpaccelerator.com/online-courses/
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