Richard Fang

What's the biggest mistake you've made as a founder?

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This sounds silly but when I launched my first startup 5 years ago, we didn't put in a vesting schedule 😅 Wanted to see what others have done but also things we know to avoid in the future!
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Mistreanu Ionut
Starting three different products before at least one matured
Richard Fang
@mistreanu_ionut Was it 3 completely different products?
Sreekar Channapragada
@mistreanu_ionut @richardfliu that's a really good question
Eugene Hauptmann
Hiring lawyers on a retainer before launching a product, lol. Sharing this here so no-one would do same stupid thing I did when I was starting.
Sreekanth PM
Didn't build a audience before launch.
Anett Schulte
to get lost with all the possibilities we have ^^
Alfvin Drahoslava
Not starting any sooner.
Abhinav Unnam
Prioritisation. The initial goals for the startup should be to get the direction right in terms of product, market, possible users etc before throttling on execution and tech-related challenges. Going about the process without a hypothesis resulted in panic and random dart-throwing as a strategy.
Nicholas Schaar
Nothing new to this thread, but not jumping on marketing and sales earlier. If I were to go back, I'd start and/or hire marketers MUCH earlier.
Denis Goncharov
My biggest mistake was to rely on not qualified engineer whole working on the first prototype of the guitar we're making. We had a problem just before showing it on the conference, as the prototype didn't work! We have managed to find a good engineer after this fail.
Arko Ganguli
Biggest mistake was get a technical co-founder who had stopped coding in his career a long time ago. He may not be needed to code, but he is the final bastion if all code breaks down, (and it inevitably did)
Lulu Cheng
everything i do is a mistake, just trying to learn 😂
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