operations 2 min read

give me ten reasons my startup will fail

dictated, unscripted. lightly cleaned up. highlighted parts were extended by my editor-in-silicon and approved by me.

one thing every founder should try: critique your own idea. critique your own startup. go to every one of your team members and ask — give me ten reasons why this startup will fail by the end of the day. then build for those ten reasons.

once you start doing that, you start building your startup around its actual weaknesses. start with your team members, then take it to close friends — but not random friends. go only for the ones who are clients but have become friendly with you. the only opinions that matter are the ones from your business or your niche. don't take opinions from your parents or from people who have nothing to do with your niche.

even if narendra modi comes to you with advice on why you should shut your business — ignore him, because he isn't from your business. take advice from people in your niche. ask: three years down the line, does this person affect my business? do i want to be like him? factor that, rather than taking advice from anyone and everyone.

90% of the advice and consultancy market comes down to "do i even want to be like him? is this person even applicable to me?" the moment you navigate through this, your whole venture becomes a lot better. your whole life becomes a lot better. you start implementing advice, instead of collecting a million weird advices in which the 10 important ones get lost — and then feeling like "i keep taking advice but it never helps."

small recap:

  1. take opinions.
  2. take opinions from relevant people only.
  3. start building around the weaker points first.

you should be able to nail things pretty well. all the best!

the team, mid-discussion
alternates (tell me the letter):option AAoption BBoption CCoption DDoption EEoption FFoption GG
← your job as a founder is equilibrium a plan is only as good as its execution →