What was the biggest mistake you made in your startup?
Ghulam Abbas
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mjkabir@deleted-3351664
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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/
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
WebCurate
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! :)
WebCurate
@abbas143official You're welcome Ghulam! 😊
Proceeded with incorrect interviews so started to build product based on my view and idea, either than on customer pain
Launching soon!
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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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.
@sreenington this is great response!
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