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I would like to start a simple business related to 3D printing, reverse engineering and 3D scanning. What are common pitfalls of first time entrepreneurs? (lemmy.ca)

submitted 4 months ago* (last edited 4 months ago) by [email protected] to c/[email protected]

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I am business dumb, but I have a very unique mix of skills I would like to turn into a side hustle. Needless to say, there is going to be a huge learning curve for me.

Sure, I could just sell 3D prints on Etsy, but I would rather focus on B2B type work with a more hands on approach than the Chinese print farms/PCB manufacturers. (I'll start an Etsy shop for practice, but that particular market seems extremely saturated.)

So, if you have started a business before, what are some basic things that you wish someone had told you before you did? Are there good books or other references I could use?

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[–] [email protected] 10 points 4 months ago

I can only suggest getting yourself a legal expense insurance. It may not be to obvious, but there will be day, where you get a customer that makes a very sweet deal and later won't pay you. It devinetively is good, if you don't have to take the costs of it going to court.