Home Truths for Startups

I got this amazing piece shared by Karthik @ Blumiers group and I couldn’t resist sharing.

1. Funding isn’t validation.
2. Traction isn’t profits.
3. A Business Plan isn’t a business.
4. Three co founders isn’t a team.
5. Sales isn’t good if unit economics is bad.
6. PR articles isn’t a signal that you have arrived.
7. A zillion App downloads isn’t a zillion staying customers.
8. Getting an Angel investor isn’t divine intervention.
9. Having a mentor doesn’t mean one is getting good advice.
10. An app delivering food isnt defensible innovation.
11. Scaling isn’t surety for survival, seriously.
12. Valuation isn’t wealth.
13. Success isn’t an absolute.
14. Failure isn’t permanent.
15. Nothing changes, until something changes. Isn’t it?