18 Mistakes startups make

found link to this great article. The synopsis for later reference

18 mistakes that kill start-ups

1. Single Founder
2. Bad Location
3. Marginal Niche
4. Derivative Idea
5. Obstinacy
6. Hiring Bad workers
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

The details at http://www.paulgraham.com/startupmistakes.html


1 Response to “18 Mistakes startups make”

  1. 1 Alvin December 23, 2006 at 10:46 pm

    Being a startup is never easy. I guess of the 18 in the list, the last one is the thing which entrepreneurs need to look at. It’s always important to do what you are passionate about. Otherwise, you won’t have the courage to complete what you’ve set out to do.

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