Mistakes by startups

  1. Not talking to real customers for features. Too many assumptions made or talk to wrong audiences
  2. Underprice the solutions. Good to start to enter the market, but must adjust quickly
  3. Slow in making sales, do follow ups and other sales and marketing activities. Focus too much on technical and worry too much customers can’t accept what they have
  4. Not focusing on cash flow and fund raising enough. For SaaS the revenue is very slow at start.

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