After having worked with hundreds of entrepreneurs around the globe, we have been able to spot a pattern of the five most common mistakes early stage startups make. And to figure out how to avoid them.
Very often companies and entrepreneurs start working on a technical prototype as soon as they have a new business idea. Learn what you should do instead to be successful while minimising risk and costs at the same time.
The sad truth about entrepreneurship is that most early stage startups fail. The good news is that they mostly fail because they launch something for which there is no market need. Learn here how to avoid this from happening, and to launch a successful new business by going through a process we have tested with hundreds of entrepreneurs.
As soon as we have a business idea, it might be tempting to put up an online survey to quickly gather some insights to clarify our thoughts and hopefully get a green light to proceed. However, there are at least three reasons why this is not a good idea.
Don’t waste precious time to compile a business plan full of assumptions that no-one will ever read. When you have a business idea, follow this seven steps instead to get clarity and credibility.