Tom Hopkins :Lessons From the Front Line: Why Start-Ups Fail

© FreeImages/Michaela KobyakovThe energy, enthusiasm and hype of the Shoreditch and San Francisco scene could lead you to believe that working in start-ups means you are immune from the gravitational pull that so often brings big businesses crashing to earth when they try new things.This is not the case. Start-ups make at least as many mistakes as everyone else. You just don’t often get to hear about them. But we always learn more from what didn’t work; from looking at mistakes of others; than we do from sanitized case studies of success.Here’s the view from the founders of three start-up failures on what went wrong.Assumption dynamicsYash Kotak, founder of Lumos, thought he could change the world through machine-learning electrical switches. He found out the hard way that physical product manufacturing…

Link to Full Article: Tom Hopkins :Lessons From the Front Line: Why Start-Ups Fail

Pin It on Pinterest

Share This

Join Our Newsletter

Sign up to our mailing list to receive the latest news and updates about and the Informed.AI Network of AI related websites which includes Events.AI, Neurons.AI, Awards.AI, and Vocation.AI

You have Successfully Subscribed!