🤪Dumb mistakes I did as a first-time Founder #1: ⁠ Lean Startup Methodology isn't too shabby ⁠ ⁠ → We got excited.⁠ → We wanted to grow fast before our product was ready. ⁠ → We failed because our product was something the potential users didn't want.⁠ ⁠ Being lean means shipping early, achieving product/market fit by repeatedly trying, and then stay lean until that winning formula is hit. ⁠ ⁠ Companies that started using this methodology:⁠ ⁠ 🟡 Facebook⁠ 🟡 Google⁠ 🟡 Snap⁠ 🟡 Instagram⁠ 🟡 YouTube⁠ 🟡 Groupon⁠ 🟡 DropBox⁠ 🟡 TechCrunch⁠ 🟡 MailChimp⁠ ⁠ It also massively reduces the chance of failure as less cash is being burnt.⁠ ⁠ For example:⁠ ⁠ It took Airbnb two years of getting it wrong before they finally landed a pretty paltry US$600k investment, after which things began to take off.⁠ ⁠ You often hear about the explosive periods of startups. ⁠ ⁠ The lean periods tend not to make the headlines.⁠ ⁠ 👀What mistakes did you make as a founder?⁠ ⁠ #startups #startupmistakes #founder...