18 mistakes that kill startups

The woodpecker may need to go! by sunshineseclipse

In many ways, Noah was a entrepreneur himself: he saw a need in the market, paid no attention to the skeptics, had a well-engineered plan, and hit his milestones (the main one being to finish before the rain starts).

Here’s a great article listing the top 18 mistakes that would have killed Noah’s enterprise, written by an investor. Follow the link for an explanation of each point. Enjoy. And remember, there’s always a rainbow after the storm.

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. Half-hearted effort

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