Uncovering the Top 5 Mistakes Startup Founders Make in Funding Decisions - The Daily Scroll

Next up: we reworked our analysis a bit to find some more common ground. So, we classified each mistake into 13 categories and tallied them up. This article highlights thetopfive most common fundraising mistakes that foundersmake according to investors. Two tweets about raising money was all it took to get 81 email responses and 53 customer development calls with founders. I haven’t had this big of a reaction to an idea and I’ve done this type of research on product ideas for the last 13 years! Mistake one: picking a name without checking if it’s protectable. One of the most overlooked steps is trademarking. Founders often choose a name, buy a domain, register the business and start trading, without checking whether the name is legally protectable. We’ve scoured the internet and found five less obvious mistakes that entrepreneurs have made, and more importantly, the lessons learned from those mistakes. “Only building to solve my own problem.” John Turner, Founder/CEO of UsersThink. Many foundersmakemistakes that slow them down or even kill their business before it takes off. Let’s go over thetopfivemistakes you should avoid—and what to do instead. Learn about 5 common mistakes first-time impact foundersmake and how avoiding them will boost your impact & success as an impact startup. Measuring progress mainly through funding. Programs at Ramaiah Evolute encourage founders to focus first on innovation and product value.