Mistakes Startups Should Avoid

Startup Mistakes
  • Skimping -OR - over-thinking your business plan.

  • Trying to do a start-up alone - OR - Having too many co-founders.

  • Trying to force a business that Isn\'t working - OR - Falling to spend enough time researching the business idea

  • Lacking focus and Identity.

  • Being Rigid About Your Idea - OR - Lacking an exit strategy.

  • Underestimating financial requirements and timing.

  • Not asking for help.

  • Spending too much time on product development, not enough on sales.

  • Falling to recognise the gap between sales and profit.

  • Settling tor "good enough" Instead Of pushing towards ideal.

  • Seeking confirmation of your actions rather than seeking the truth.

  • Entering a market with no distribution partner.

  • Trusting experts, rather than your gut.

  • Hiring convenience rather than skill requirements.

  • Not Maintaining Relationships.

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