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

ByRosalind Resnick

Opinions expressed by Entrepreneur contributors are their own.

Reprinted with permission fromGetting Rich Without Going Broke: How to Use Luck, Logic and Leverage to Build Your Own Successful Businessby 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 bookGetting 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.

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