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Why Startups Fail [Infographic] - Business Insider

Me like data.

9:44 PM Jun 15 2012

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Is it an over generalization to say that most Startups fail due to premature optimization?

11:04 PM Jun 15 2012

Consistent Startups focus their energy on customer development.

This suggests that conversations with customers are more important than building for customers.

11:24 PM Jun 15 2012

Whole thing seems to scream FIGURE OUT WHAT YOU REALLY ARE BEFORE TRYING TO GROW. Probably good advice, and customer communication is vital to that but like your prior comment, is that all that matters?

12:50 AM Jun 16 2012

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You know, this is as true for people as it is for Startups.

First, figure out who/what you are.

Then, be who you are, as hard as you can.

1:01 AM Jun 16 2012

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It's just gambling. you have time instead of chips. Where are you putting your chips? People who put chips on optimization are sure black 52 will win.

But here is the scary thought-- what if the reality distortion field which is what is what lets you succeed despite all odds is also what takes down 99% of the rest.

good luck with that.

7:47 PM Jun 16 2012

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