What are some common mistakes first time founders make?
5 DEATH MOVES STARTUP FOUNDER MAKE
- They fall in love with their idea and don’t test it or open it up to criticism from people who can help improve the idea or poke holes in it.
- They don’t have a marketing plan that has been beta-tested to see if customers want what you are selling.
- Not enough cash to survive a few early mistakes.
- Spend money on things that don’t move the needle. Don’t spend a dime on something that does not keep the company open or make sales.
- Bad staffing often with friends and family.
