This document outlines 10 common mistakes that entrepreneurs make that can kill their business. These mistakes include shooting too low with business goals, over-relying on friends and family for funding, the founder acting as CEO when they lack skills for that role, focusing too much on technology over customers, trusting people who make unrealistic promises, having a short-term mindset rather than long-term planning, over-promising to investors, failing to recognize intellectual property, neglecting to protect intellectual property, and not considering exit strategies from the start.

1. 10 Mistakes That
Entrepreneurs Make That
Can Kill Their Business
Jonathan A. Coury
Hool Coury Law
Wednesday, February 24, 2016

2. JONATHAN COURY
@jcoury74

3. SAVE THE DATE
APRIL
8
Friday, April 8
Noon – 5:30 PM
ASU SKYSONG
4 TEAMS FROM 4 UNIVERSITIES
4 MINUTE PITCHES; 3 MINUTE Q&A
$60,000 CASH PRIZES, SCHOLARSHIPS
& MENTORING

4. Shooting Too Low!

5. Funding from “Friends and Family”

6. Founder as CEO

7. Focusing Too Much on the Technology
vs.

8. Trusting People Who Promise Too Much!

9. Not Thinking Long Term

10. Promising Too Much To Investors

11. Failing to Recognize Intellectual Property

12. Failing to Protect Intellectual Property

13. Not Focusing on the Exit at Inception

14. jcoury@hoolcourylaw.com