4 founder mistakes that make most startups fail

Have you heard that 90% of startups fail? It’s a statistic that gets bandied about quite often and unsurprisingly puts a lot of people off investing in or launching them. But having launched and invested in several startups myself over the past 15 years, I have seen several reoccurring mistakes by founders that account for a large percentage of these failures. Here are the four biggest ones.

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1) Believing that revenue is optional

2) Underestimating the importance of cashflow

3) Focusing on the sexy stuff

4) Giving up too easily

Conclusion

CEO & Founder of Firedrop.ai. I write about technology, artificial intelligence, entrepreneurship and other stuff. https://firedrop.ai

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