From Paul Graham’s excellent collection of essays : The 18 mistakes that kills startups.
1. Single Founder
2. Bad Location
3. Marginal Niche
4. Derivative Idea
5. Obstinacy
6. Hiring Bad Programmers
7. Choosing the Wrong Platform
8. Slowness in Launching
9. Launching Too Early
10. Having No Specific User in Mind
11. Raising Too Little Money
12. Spending Too Much
13. Raising Too Much Money
14. Poor Investor Management
15. Sacrificing Users to (Supposed) Profit
16. Not Wanting to Get Your Hands Dirty
17. Fights Between Founders
18. A Half-Hearted Effort
And one of the most interesting note:
[5] You should take more than you think you’ll need, maybe 50% to 100% more, because software takes longer to write and deals longer to close than you expect.
Trying to make the leasrt amount of those… while keeping level headed, no one’s perfect!
Tags: entrepreneurs, startup
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