Lessons from why startup fails. Founders and co-founders problem and their insights. Learn from the failed startups and minimize the risk

1. 15 lessons learned from
why startups fails
Curated by @fazafc . lurked in medium

2. “Your first draft MVP of
everything is shit”

3. Value proposition needs to be
clear, straightforward and
deliver immediate results

4. “You are not a genius; you
are a fucking idiot. Don’t
think that an absence of
competition means you have
a great idea that no one has
had before”

5. More people means more
money, more problem, and
more communication

6. Value proposition needs to be
clear, straightforward and
deliver immediate results

7. Death by too many business
models. Don’t forget to
create an actual monetization
plan

8. Are you solving an actual
problem?

9. Don’t ask about their future
intentions, ask their past
behaviour. It reflects your
user

10. It’s a solution looking for a
problem

11. Localisation is not
generalisation. It works there
doesn’t means it work here

12. Questions everything and be
the worst critics for yourself

13. Talk to everyone about your
idea. It means nothing.
Execution is everything

14. You might discover the
opportunity. But your actual
skill might not be there. And
after you fail you wish that
you work on that industry
before

15. B2C is difficult, better go for
B2B there’s always money
from it

16. I tried to please everyone
And that’s my recipe for
failure