DiscoverBehind Their Success: Advice For Entrepreneurs102: How to Avoid a $10,000 Mistake in Your Business
102: How to Avoid a $10,000 Mistake in Your Business

102: How to Avoid a $10,000 Mistake in Your Business

Update: 2025-08-25
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Avoiding mistakes is priceless. If you’re a small business owner, entrepreneur, or high achiever chasing personal development and growth, this conversation is going to hit home.

I sat down with William Holsten—a seasoned entrepreneur, inventor, bestselling author, and the “Business Mistake Prevention Specialist.” With nearly 40 years in global marketing and innovation plus his own entrepreneurial ventures (including a patented carnival game that’s still around today), William has seen it all—the wins, the setbacks, and the costly mistakes.

We dive into:
The biggest preventable mistakes entrepreneurs make and how to spot them early
How to “goof proof” your business with William’s 10 practical tools
Why self-awareness might be the #1 superpower for small business owners
The underrated role of structure and planning in fueling creativity and long-term success
How reframing your perspective (like Charlie Munger’s “invert” principle) can save your business from disaster

This episode is full of small business tips and strategies you can put into practice today. If you’re serious about growth, scaling, and protecting your business from “uh oh” moments, you’ll want to take notes.

Connect with William Holsten

👉 Visit williamholsten.com
to grab his free $10,000 Mistake Checklist and learn more about his work helping entrepreneurs avoid costly blunders.

Let’s Talk Taxes

And hey—if you’re an entrepreneur or high-income earner, here’s the deal: most business owners are overpaying in taxes because they’ve got a tax preparer, not a tax planner. That’s where I come in. At Squires Tax Planning, we work alongside small business owners and high achievers to proactively plan, legally minimize taxes, and keep more of your hard-earned money.

👉 Take our free assessment at squirestaxplanning.com
to see if you’re leaving money on the table. From there, you can book a free discovery call with my team and me.

Final Note

If this episode helped you, please rate, review, and share the podcast. That’s the best way to help us reach more entrepreneurs and keep building a community of healthy, wealthy, and wise leaders.
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102: How to Avoid a $10,000 Mistake in Your Business

102: How to Avoid a $10,000 Mistake in Your Business