What are the 3 things a founder should avoid doing?

Hey @rohitjoshi Here are 3 common pitfalls founders should avoid: Micromanaging and not delegating: Founders often wear many hats in the beginning. But as the company grows, it's crucial to delegate tasks and empower talented people. Micromanaging stifles creativity and holds the company back. Ignoring market fit: Don't fall in love with your initial idea and become resistant to feedback. Continuously test and iterate on your product or service to ensure it solves a real problem for your target market. Failing to build a strong team: Surround yourself with talented and passionate people who complement your skillset. A strong team is essential for navigating the challenges and opportunities a startup faces.

not doing marketing himself/herself & not building relationships w/ cusotmers

Steer clear of ignoring mental health, being inflexible with your business model, and not building a strong company culture. Take care of your well-being, be open to change, and foster a positive work environment.

Founders should avoid micromanaging their team, neglecting customer feedback, and ignoring financial planning. Trust your team, listen to your users, and keep a close eye on your finances!

Not adding a payment plan from the start.

Great question! Here are three things I believe every founder should avoid: Neglecting Market Research: It's crucial to understand your market and customer needs thoroughly before diving in. Skipping this step can lead to developing a product that doesn't resonate with your target audience. Micromanaging: Trust your team and allow them to take ownership of their tasks. Micromanaging can stifle creativity and lead to burnout, both for you and your team members. Ignoring Financial Management: Keep a close eye on your finances. Mismanaging funds or not having a clear financial plan can quickly lead to cash flow problems and potentially the failure of your startup. PS: We’re excited to announce the launch of SEOPro on Product Hunt on July 30th! It's a powerful tool designed to optimize on-page SEO for Shopify stores. Your support would mean a lot to us!

Losing focus on the main metric, which is usually revenue.

1 getting too attached to a product 2 overthink (my problem) 3 build in stealth

Don't delay talking to the customers, collect feedback from them and give marketing equal priority.

1. Avoid micromanaging your team; trust them to do their jobs well. 2. Don't ignore customer feedback; it's crucial for improving your product and growing your business.

1. Not knowing the difference between delegation vs abdication 2. Not using his/her own product 3. Underestimating the effort required for distribution. I would say 30% for building 70% for distribution.

Lying and manipulating things. Being a founder means having absolute integrity the employees and customers. People feel that. When they feel your integrity and trust your word, that changes everything.

As a founder, I would not give feedback to my users, my team, and would carefully monitor finances

Ohhh this is the question for me. From my failure: 1. don't work with wrong person 2. don't focus on 2 things at the same time 3. don't try to grow organic, but rapidly at the key point

I guess from my perspective I think a founder should avoid: Micromanaging: Delegation of responsibility and the acceptance of trust in one's team are important. If you were to micromanage, this could stymie creativity and lower morale and so forth. Lack of Focus: Fixing on too many opportunities or pivoting too many times can dissipate energies and resources. It is critical to stay focused on the core mission and objectives of business to create a strong foundation before pursuing other avenues. Overextension/Overextending Financially: Great emphasis is laid on managing cash flows and exercising financial discipline. Overextending and spending too much money on the business too early could put business stability and, in effect, future growth at risk.

1. Ignoring Customer Feedback: Listen to your customers to improve your product. 2. Micromanaging: Trust your team to foster creativity and morale. 3. Fearing Failure: Embrace risks as valuable learning opportunities.

Spend a lot on marketing before you know if the MVP really works.

Hey @rohitjoshi! Great question! Here are my thoughts: 1️⃣ Avoid micromanaging, trust your team! 2️⃣ Don't shy away from customer feedback, embrace it! 👍 3️⃣ Steer clear of ignoring self-care, burnout is real. What do you think? 😄

From my experience, founders should avoid ignoring customer feedback, overextending resources, and lacking focus. It's crucial to listen to customers, manage resources wisely, and stay focused on core goals to ensure success.

A founder should avoid micromanaging their team, neglecting customer feedback, and overextending resources on non-essential features. Focus on empowering your team, listening to your users, and prioritizing core functionalities.