Let's understand some key mistakes to avoid in the two most common startup compartments:
1️⃣ No venture capital
– Focus on the essentials: master the basics like accounting (QuickBooks!) and finances (that gross margin is key!).
– Experiment and adapt: find the ideal price to satisfy your customers!
2️⃣ Venture capital?
– Build your A-team: hire experts in law, accounting and everything in between!
– Ready for investors: transparency and a solid foundation are essential to attract investments.
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