There is no shortage of ways to come up with entrepreneurial ideas, ways of doing something better, ways of thinking, approaches to problem solving, etc.. Companies are started everyday, most are copycats of what already exists, of what is hyped, of what already works.
Have you failed? I have, many times. And I proudly say it because it’s part of my journey. I would feel mediocre if I didn’t have the setbacks I’ve had. Anything I’ve done that has worked happened because I learned from the mistakes of others and my own; not because I followed some “success script”.
Last week I had the pleasure of chatting with Stephanie Bermudez, founder and CEO of Startup Unidos. She is a game-changer, and I believe you will learn a lot from our conversation.
Having been part of a handful of startups and running a few of my own, I can tell you it’s not for everyone. Most startups fail, for many reasons, and when they do succeed it’s mostly determined by one factor: timing.
Tech startups are like the lottery – you see the big winners in the news, but nothing about the millions of the not so lucky. Well, actually you might read about the biggest tech startup failures and this article intends to prevent you from this fate.
In this article, we’re going to highlight some common tech startup mistakes and how to avoid them.
We’ve all, of course, read about the spectacular success of startups. It’s impossible to escape the amazing tales of people starting with an idea in a garage (think Apple) and growing it into a billion-dollar global business. But a startup isn’t as easy as those well-known stories might have you think. There’s a little bit of luck and a whole lot of other influences at play.
Startups boast about their culture, but most of the time they can’t even explain why it’s special. Culture is not about perks, it’s about why and how you do what you do and how that happens in the day to day; culture is about connecting the 3 P’s: purpose, people and processes.
