David Beisel:

Over the past couple years, I have been involved with and close to a number of both successful and unsuccessful startups. To me, the most exciting (and most perilous) times in a company’s life-cycle are the early first stages when it is just getting off the ground. The company’s founder(s) role is an essential one which carriers many risks for missteps. So I’ve compiled what I’ve learned to be the Seven Founding Sins – common mistakes which often divert entrepreneurs off the path towards success.

  1. Inauthenticity
  2. Sloth
  3. Extravagance
  4. Taciturnity
  5. Greed
  6. Arrogance
  7. Indecisiveness

via David Churbuck.

Originally posted by Dane Carlson on September 28, 2005 in Ideas.

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