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I felt like I made every mistake in the book with launching my first start-up.
I think a lot of us out there want to be entrepreneurs. It's getting easier and less costly with technology, but the challenges of launching your company to great success are still there. I worked 6 months with my team in launching our first start up. It wasn't a complete failure, but it wasn't a huge success. In retrospect, we felt like we made every start-up mistake in the book. Although bittersweet, the lessons learned are priceless.
- rick888 15y ago"2. Building on Someone Else’s Platform is Risky" This is a common mistake. You should only do this if your product/idea is short-term. I would never build a long-term business on Twitter or Facebook, but I see so many people attempting to do this. If they make a change where you have to pay 10X for access, limit your bandwidth, or even come out with something that directly competes with our product, you are done.