💡 Top 10 Mistakes Entrepreneurs Make (Issue 118)

Some wisdom from Guy Kawasaki

The UC Berkeley Startup Competition welcomed Guy Kawasaki to the Haas School of Business in 2013. Kawasaki, former chief evangelist of Apple and co-founder of Garage Technology Ventures, explained the top ten mistakes entrepreneurs make.

1. Multiplying big numbers by 1% when calculating a total addressable market.

2. Scaling too soon.

3. Partnering too soon (focus on sales).

4. Pitching instead of prototyping.

5. Using too many slides and too small a font in your pitch deck.

6. Doing things serially.

7. Believing 51% ownership means you control your company.

8. Believing patents = defensibility.

9. Hiring in your own image.

10. Befriending your VCs.

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I’m Larry Cornett, a Freedom Coach who works with you to optimize your career, business, and life. My mission is to help you become a more "Invincible You" so you can live your life on your terms instead of being controlled by someone else's rules. I live in Northern California near Lake Tahoe with my wife and our Great Dane.