Re:Why startups fail, according to their founders
by dushonok on Sunday March 01, 2015 @10:28PM
(#9130179)
How would a great team help you to make money out of a product nobody wants? Market fit (#1) is the most important thing
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Re:Why startups fail, according to their founders
by epa on Monday March 02, 2015 @02:20AM
(#9130723)
They have the knowledge, collaboration, and commitment to change the concept and push on.
Re:Why startups fail, according to their founders
by semerda on Monday March 02, 2015 @04:52PM
(#9134591)
That's assuming the cofounder/s are not dictators. More common issue than you think. Ego issue of Power. Hence why I dislike titles (labels) when one is a small team.
Market fit should be worked out ahead of the team by the cofounders. The great team will contribute to it and over time everything evolves. Should the market shift fruit when you have the team, team transparency will help everyone steer the ship in a different direction. Otherwise the company will run out of cash chasing the founders fixed mindset.