"Things may come to those who wait, but only the things left by those who hustle."

-Abraham Lincoln

MJ Gottlieb takes a new and exciting approach on how to teach entrepreneurs. Learning from the mistakes of someone else’s experiences will save them from making similar mistakes in their entrepreneurial journey.

-Daymond John, ABC's "Shark Tank"

How to Ruin a Business - Buy the Book

What Entrepreneurs Should NOT Do In Business

More What Entrepreneurs Should NOT Do In Business

  • How I Helped My Competition Without Even Knowing It

    When Gary and I had our fashion brands, our company strengths lay in our ability to create innovative and unique strategies both in design and marketing. Since our showroom was connected to the offices of our finance company, there were constantly clients and competitors in our office, and we had to be careful about what

    • Posted 2 years ago
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  • 7 Powerful Reasons Why Learning What NOT to Do is the Best Way to Teach Entrepreneurs

    When individuals of some mythical entrepreneurial standing reach a certain point in their careers, they seem to graduate and cross some invisible line where they suddenly seem to possess the authority to tell other aspiring and existing entrepreneurs what to do and how to do run their businesses. So what exactly is it that gives

    • Posted 2 years ago
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  • How to Spend 10 Years Losing Money Without Even Knowing It

    By 2001, I had lost my second business. It was ten years from the date that I started the first. Throughout those ten years, millions of dollars had run through my company bank accounts. Each and every season, hundreds of thousands of dollars were being paid out to our creditors, more inventory and equipment were

    • Posted 2 years ago
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  • How Hiding Behind Your Phone Will Destroy Your Business

    During our first business, there were times when Gary and I hit financial walls and had to pay our creditors late. I had a person who was handling our payables at the time and, he was so flustered by the dozens and dozens of calls from vendors demanding past due amounts owed, he put them

    • Posted 2 years ago
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  • What NOT To Do When Raising Capital: The Jack of All Trades … Is a Jackass

    When pursuing an investment for one of my fashion brands, Gary and I met with a gentleman who represented a group of investors. The man was recommended by a friend in the financial world who knew of several companies the man had successfully completed securing investments for over that past year. We were happy to

    • Posted 2 years ago
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  • The Difference Between Working Hard vs. Working Smart

    Before I started my business I was a very athletic and healthy young college man who rarely missed a day on the basketball court. When I started my first business at twenty years old, I worked seven days a week, and a minimum of fifteen hours a day. If I was lucky, I would get

    • Posted 2 years ago
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  • What Entrepreneurs Should NOT Do In Business Rule 18: Never Go On a Suicide Mission

    The beginning of my first business was a truly remarkable and exciting time. One of the largest chains in America with nearly a thousand stores had just taken the first urban inspired young men’s clothing company in history from twenty thousand dollars to over one hundred million dollars in revenue, and suddenly it was our

    • Posted 2 years ago
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  • How My Ego Destroyed My Business

    In the waning hours (literally hours) of losing my first business, I sat down with the two gentlemen that were financing my business up until that point. They expressed regret that they could not continue our business any longer. I was literally crushed. For the past six years I had devoted my life to something

    • Posted 2 years ago
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  • What NOT To Do In Business – Rule 6: Never Ever Hire a Friend as Your Attorney

    If you understand the grunts of a new start up business, you certainly understand the need to cut some corners, and cut expenses wherever and whenever possible. I was fortunate enough to have a friend of mine who was an attorney who agreed to handle the legal matters of my company free of charge until

    • Posted 2 years ago
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