Understand the direction of your “Branding Efforts”. Get the brand established by channeling the thoughts. Branding your business is one of the most important steps in building a company. It gives your company a unique personality, and establishes a differentiated position in the market that attracts the right customers. But for many startups, this can pose a challenge. Without the funding to hire large branding agencies and with limited resources, startups often make common branding mistakes such as not defining clear brand guidelines, which in turn neglects to give potential customers a strong first impression.