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  • What was the biggest mistake you made in your startup?

    Ghulam Abbas
    26 replies

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    mjkabir
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    mjkabir
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    Ghulam Abbas
    Paillor
    Paillor
    Launching soon!
    @shownotes What you mean Kabir bhai?
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    Ghulam Abbas
    Paillor
    Paillor
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    @shownotes I'm sorry to hear about your experience with that smart VC. Navigating such challenges can indeed be tough. Before partnering with a VC, conduct thorough research on their past investments, reputation, and business practices. Keep your intellectual property secure and be cautious about sharing proprietary technology without proper legal protections in place. Learning from such experiences can strengthen your approach in future ventures.
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    mjkabir
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    Eugene Lipski
    AIWatchfulCompanion
    Launching soon!
    I overestimated my options a bit. It turned out that my co-founder and I can't work 16 hours a day without a day off for more than a month, because there are all sorts of unpleasant consequences. I had to slow down, but that's probably the case with all bootstrapped startups, although this one is far from my first. I was referring to https://www.watchfulai.co/
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    Ghulam Abbas
    Paillor
    Paillor
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    @eugene_lipski It's common for founders of bootstrapped startups to overestimate their capacity and work excessively long hours, leading to burnout and other issues. Balancing intense work periods with proper rest and strategic planning can enhance productivity and sustainability.
    Eugene Lipski
    AIWatchfulCompanion
    Launching soon!
    @abbas143official I'm sure you've been in those shoes too. Yeah, hopefully we'll have work-life balance in our lives soon
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    HelloLeo
    Dream Machine AI Online
    Dream Machine AI Online
    Launch the product in producthunt just one day. And I can't position in the feature list.
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    Ghulam Abbas
    Paillor
    Paillor
    Launching soon!
    @helloleo Launching a product on Product Hunt and not getting featured can be frustrating.
    Hossein Yazdi
    For me, not taking payments from the start. I wasted 2 years and a whole beautiful project, just as a result of implying the wrong income strategy. Nevermind now, I got precious experience! :)
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    Ghulam Abbas
    Paillor
    Paillor
    Launching soon!
    @hosseinyazdi Thanks for sharing bro!
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    Hossein Yazdi
    @abbas143official You're welcome Ghulam! 😊
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    Valentyna Zakharova
    Proceeded with incorrect interviews so started to build product based on my view and idea, either than on customer pain
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    Ghulam Abbas
    Paillor
    Paillor
    Launching soon!
    @valentyna_zakharova Building a product based solely on your own ideas, rather than customer needs, can lead to challenges.
    Gurkaran Singh
    Ah, the biggest mistake in my startup? Let's just say it involved trusting Excel to handle all our data like it was some kind of superhero. Spoiler alert: Excel had a kryptonite for large datasets!
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    Milli Sen
    Hiring more talents than required.
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    Ghulam Abbas
    Paillor
    Paillor
    Launching soon!
    @millisen Absolutely right!
    Elsa David
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    Sree
    I’m seeing comments on VCs. That also brings me to talk about investors in general. Almost 90% of the time, their opinions are wrong. All these people do is take a bet on you by funding your startup. That’s it. They do not know your product, your market and your audience so taking their opinion for which direction to head with your product is the number one mistake you can make in later stages. Talk to your customers, your team, have a vision, and answer the question “where do I wanna see my product in a few months/years?” yourself.
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    Mark Lemuel M
    @sreenington this is great response!
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    Ghulam Abbas
    Paillor
    Paillor
    Launching soon!
    @sreenington Absolutely! Thank you!
    Gabrial gabri
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