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The Number One Investment Mistake Entrepreneurs Make (And What to Do Instead)


Opinions expressed by Forbes Contributors are their own.

Entrepreneurs are always on the lookout for opportunity. So when a “hot investment” opportunity comes along, it’s hard to resist. Believe me, I’ve been there. But I’ve found that these investment opportunities, no matter how tempting, are merely expensive distractions. They’re expensive for two reasons: One, you’re more likely to lose money when you’re investing outside of your expertise. And two, your time, money and energy are spent on the investment rather than your best wealth creator, your business.


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