Cloud Business Apps

The 7 Deadly Sins Of Startups

Christophe Primault
By
Published on 1 June 2012
Found in Tips & Lists

Startups can fail. This is common knowledge. But the question that young entrepreneurs should ask is, why do they fail? Are there any common flaws in the business strategy of startups that prevent them from being successful? In fact, yes, there are a number of reasons that are often repeated.

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This article shows you the 7 most fatal behaviors that can impede your business success.

Avoiding these 7 deadly sins cannot guarantee that your business will succeed, but you can have the good feeling that you are headed in the right direction.

You can also discover cloud business apps that will help you make your startup more successful.



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  • http://www.mynotetakingnerd.com/blog Lewis LaLanne aka Nerd #2

    It's very cool how you bring up the “Raise Too Much Money” as being a sin. 

    One of my treasured mentors believes start ups should always be boot strapped. This just plain makes common sense to me. 

    If I was going to invest in people, which what venture capital is being put towards, I want to know those people can manage their dysfunctions to the level where things still get done in the business effectively and efficiently.

    I want to know how these people work under pressure and how resourceful they are. And the ultimate in resourcefulness is making money with no money. And one hopes that when I do hand them money they keep the resourceful mindset and put it to work rather than just blowing it because it's there, which is what I believe unproven business owners do with capital given to them.  

  • http://www.mynotetakingnerd.com/blog Lewis LaLanne aka Nerd #2

    It's very cool how you bring up the “Raise Too Much Money” as being a sin. 

    One of my treasured mentors believes start ups should always be boot strapped. This just plain makes common sense to me. 

    If I was going to invest in people, which what venture capital is being put towards, I want to know those people can manage their dysfunctions to the level where things still get done in the business effectively and efficiently.

    I want to know how these people work under pressure and how resourceful they are. And the ultimate in resourcefulness is making money with no money. And one hopes that when I do hand them money they keep the resourceful mindset and put it to work rather than just blowing it because it's there, which is what I believe unproven business owners do with capital given to them.  

  • http://www.mynotetakingnerd.com/blog Lewis LaLanne aka Nerd #2

    It's very cool how you bring up the “Raise Too Much Money” as being a sin. 

    One of my treasured mentors believes start ups should always be boot strapped. This just plain makes common sense to me. 

    If I was going to invest in people, which what venture capital is being put towards, I want to know those people can manage their dysfunctions to the level where things still get done in the business effectively and efficiently.

    I want to know how these people work under pressure and how resourceful they are. And the ultimate in resourcefulness is making money with no money. And one hopes that when I do hand them money they keep the resourceful mindset and put it to work rather than just blowing it because it's there, which is what I believe unproven business owners do with capital given to them.  

  • http://www.mynotetakingnerd.com/blog Lewis LaLanne aka Nerd #2

    It's very cool how you bring up the “Raise Too Much Money” as being a sin. 

    One of my treasured mentors believes start ups should always be boot strapped. This just plain makes common sense to me. 

    If I was going to invest in people, which what venture capital is being put towards, I want to know those people can manage their dysfunctions to the level where things still get done in the business effectively and efficiently.

    I want to know how these people work under pressure and how resourceful they are. And the ultimate in resourcefulness is making money with no money. And one hopes that when I do hand them money they keep the resourceful mindset and put it to work rather than just blowing it because it's there, which is what I believe unproven business owners do with capital given to them.