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Resisting Progress

Don't fall into the trap of complacency. In today's rapidly changing marketplace, if you don't grow, you'll go out of business. Be on the leading edge of your industry by taking continuing-education courses, attending relevant seminars and workshops, and reading industry-specific books and journals. When you increase your knowledge of your business, you make yourself more valuable to clients and position your company to be the best choice for your customers.

Protect your freedom to call your own shots. By learning from your mistakes and those of other entrepreneurs, and taking the necessary steps to avoid them in the future, you'll position your business for long-term growth and profitability.

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Shark Tank's Daymond John on Lessons From His Worst Mistakes

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