This a great article. It’s worth the 10 minutes read.
- 5 Things Startups Do Before They Crash
Wayra, the startup incubator of Spain’s telecom giant Telefónica SA, has a very low failure rate: of the 315 startups it has worked with, only 41 have failed. (…)
- Hire the Wrong People
- Completely ignore the Market
- Become secretive with their Backers
- Ignore the need for revenue
- Be audaciously boring