Adobe Premiere Export Error: 'Error Completing Render' 🚫

When exporting a video with Adobe Premiere Pro, you may see this error message at different times during the same export with no changes to the project/setting etc.
Error compiling movie. Export error. Error completing render. Selector: 9. Error code: 3.
To fix this error, simply change the export settings under 'Performance' from 'Hardware Encoding' to 'Software Encoding'.

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Previous Adobe Premiere Trick: https://www.youtube.com/watch?v=JXlfCcHU870&list=PLAU8nfBGFbIqcreaPZkQ2ennWSBeUBJRN
Adobe Premiere Tips & Tricks Full Playlist: https://www.youtube.com/playlist?list=PLAU8nfBGFbIqcreaPZkQ2ennWSBeUBJRN

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'Export error. Error completing render' in Adobe Premiere Pro when exporting a video