For both technical and non technical founders: what is one mistake that you made early on in the process of creating your business that you wish you could roll back / would not do again in your next venture?
To make sure this post meets the 250 character requirement, ill tell you mine: we wrote too much code too early on. If i could do it again id be waayy more hands on, doing as much manually as possible.
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Solution in search of a problem. Also, bad sales strategy. Users didn’t even wanna talk about their problems. I sometimes wonder if it’s the user segment which is the issue.
Trying to decide equity instead of officially adding people to the team equally.
- Too obsessed with tech and products
- Not marketing from day one
For tech projects, starting with a team that was too homogenous in terms of background. It makes getting many necessary tasks completed a real burden (and a burden to designate responsibility for). Also, it seems that many seed stage investors find startups founded by people with similar backgrounds to be off-putting in the current environment.