Welcome back to our episode where you get the chance to get up close with your host Elizabeth Formosa.Masterclass In this Masterclass, Elizabeth talks about the typical startup traps to AVOID to ensure you increase your chance of success.Tune into this episode to gain access to a sound framework that will ensure you avoid those typical expensive startup mistakes and maximise your opportunities.TYPICAL STARTUP TRAPS TO AVOID1. Lack of support systems2. Limited industry specific knowledge3. Not having a strong brand ethos and strategy4. Not having a financial plan or budget5. Developing products people just don’t’ want!6. Not developing a sound sales and marketing plan7. Lack of legal knowledge and sound legal advice8. Trying to do all this ALONE!If you want to take your Fashion Business Development next level and join an Industry Mentor Led Community, we'd love you to join our 'Start Your Fashion Business' Programme.JOIN OUR PROGRAMME - ENROLMENTS ARE NOW OPEN UNTIL JUNE 30TH If you want to make the Fashion Business your Business head over to our website and check out our SYFB Programme and Community. here. You can watch the replay of our latest Info Session & Q&AYou can find Fashion Equipped over at:Instagram: @fashionequipped @startyourfashionbusiness_auPodcast Insta: @fashionbusinessmindsetFacebook: www.facebook.com/fashionequippedWebsite: www.fashionequipped.com.auLet's do this together, let's make The Fashion Business, YOUR Business!See omnystudio.com/listener for privacy information.