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Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
Why Startups Fail
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Why Startups Fail

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Presentation to Georgia Tech student entrepreneur society.

Presentation to Georgia Tech student entrepreneur society.

Published in: Business, Economy & Finance
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  • 1. Why Startups Fail Lance Weatherby blog.weatherby.net @lance Georgia Tech Entrepreneurs Society November 8, 2010
  • 2. #1 The Team Sucks
  • 3. Never Started Before
  • 4. And Don’t Listen to Those That Have
  • 5. Team of One
  • 6. No Technical Founders
  • 7. No Designers
  • 8. No Biz Dev
  • 9. No Internet Marketers
  • 10. People are Messy
  • 11. #2 Afterthought Marketing
  • 12. Do What’s Cool
  • 13. Go Viral
  • 14. Cool != Good Concept
  • 15. Don’t Do What’s Needed
  • 16. The Purpose of a Business is to Create & Keep Customers Peter Drucker
  • 17. Customer Must be Central Focus
  • 18. Don’t Talk With Market
  • 19. To Understand Problems
  • 20. To Build Something Someone Wants
  • 21. No Users
  • 22. Which Leads to Thrashing Lack of Focus
  • 23. Field of Dreams Growth Plan
  • 24. Get Out Executed
  • 25. #3 Money
  • 26. Have No Money
  • 27. And No Idea How To Get Some
  • 28. You Have a Plan
  • 29. But No Product
  • 30. And No Skills to Make It
  • 31. Want Millions For Stupid Idea
  • 32. So You Can Hire a Team
  • 33. Pay for a Comfortable Life
  • 34. To “Market”
  • 35. When You Need $25k For V1
  • 36. To Get Users
  • 37. To Get Feedback
  • 38. To Improve Product
  • 39. Till Someone Will Pay
  • 40. Paying Customers the Best Source of Funding
  • 41. #4 Too Complicated
  • 42. Lack of Focus I’ve Said it Twice Now
  • 43. Lack of Base Technology
  • 44. Nobody Can Build It
  • 45. Too Many Yeses
  • 46. “They Don’t Get it”
  • 47. Timing
  • 48. Why Startups Fail • The Team Sucks • Afterthought Marketing • Money • Too Complicated Or some random kablooey
  • 49. Why Startups Fail Lance Weatherby blog.weatherby.net @lance Georgia Tech Entrepreneurs Society November 8, 2010

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