$1 Investing Your own Capital  Without Grasping the Financials  Many of new Entrepreneurs decide to start their new Business without considering the monetary outlay involved in the Effort. Bootstrapping your way to an operational Business may work out if your costs are reasonably low. Unfortunately, many Blog Owners and Founders overspend their way into trouble by getting their feet wet before much planning is done. Look at Your budget and get a good grasp on how you plan to Finance your Business before you get going. $2 Not Doing enough Market Research This seems to be a Fairly Common Problem. A lot of creative minds out there get lots of Fresh and Innovative Exciting Business Ideas which are then turned into Business pursuits. However, not all wonderful Ideas are worthy of your Investment, something that sufficient research will uncover.  $3 Not Focusing on Your Target Market. If you’re not clear as to who your target audienc