Problem Solved Stop startup problems before they even begin. Here are 5 common mistakes that can sabotage your business--and how to avoid them.

Reprinted with permission from Getting Rich Without Going Broke: How to Use Luck, Logic and Leverage to Build Your Own Successful Business by Rosalind Resnick (©2007). All rights reserved.

Rosalind Resnick, the founder and CEO of Axxess Business Consulting, a New York City consulting firm that advises startups and small businesses, is the co-founder and former CEO of NetCreations, a two-person homebased web design firm that grew to a $58 million public company and was acquired for $111 million in cash in 2001. In this excerpt from her book Getting Rich Without Going Broke: How to Use Luck, Logic and Leverage to Build Your Own Successful Business (PageFree Publishing), Resnick shares her secrets for building a multimillion-dollar business.

For most business owners, financial modeling ranks right up there on the enjoyability index with flossing, balancing the family checkbook and cleaning out the garage. Though we all know it's important, most of us would rather put it off until tomorrow.