How a bent penis is critical to a business plan

This a great article. It’s worth the 10 minutes read.

Car_crash_15 Things Startups Do Before They Crash
http://blogs.wsj.com/briefly/2014/02/25/5-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. (…)

 

      1. Hire the Wrong People
      2. Completely ignore the Market
      3. Become secretive with their Backers
      4. Ignore the need for revenue
      5. Be audaciously boring

 

IndyCar_Las_Vegas_2011_big_crash_(cropped)

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s