human
What are the most common mistakes made by first-time entrepreneurs?
assistant
The most common mistakes made by first-time entrepreneurs include: 
1. Failing to create a comprehensive business plan.
2. Believing that success is guaranteed.
3. Not seeking out mentors or advisors.
4. Spending too much money too soon.
5. Not doing enough market research.
6. Neglecting to protect intellectual property.
7. Not setting realistic goals and expectations.
8. Being too eager to launch the business without sufficient preparation.
9. Not understanding the legal aspects of starting a business.
10. Not creating a network for support.