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Showing posts from October, 2022

Christopher Salis Explains the Common Startup Mistakes to Avoid

Startups may appear to be abundant, and they may be, but startups are prone to making startup mistakes. The brutal truth is that 90% of new businesses fail. And when one dies, another emerges to grab the interest of investors and customers alike. With this dismal success rate comes a slew of difficult lessons. Take advantage of previous startups and let their startup errors show you what not to do.   Here, Christopher Salis has explained some of the most common startup mistakes that you should avoid:   Spending Money on Unnecessary Things   Many business owners make one of the most widespread startup mistakes: spending money on expensive office spaces and cool swag instead of investing in talent, incentives for said talent (like 401Ks and competitive health care plans), and tools that can assist track analytics, manage projects, and jump start collaboration.   Consider the benefits of remote work—especially in the first few years of operation—before committing to a w