Home Truths for Startups
1 min readJun 26, 2016
I got this amazing piece shared by Karthik @ Blumiers group and I couldn’t resist sharing.
- Funding isn’t validation.
- Traction isn’t profits.
- A Business Plan isn’t a business.
- Three co founders isn’t a team.
- Sales isn’t good if unit economics is bad.
- PR articles isn’t a signal that you have arrived.
- A zillion App downloads isn’t a zillion staying customers.
- Getting an Angel investor isn’t divine intervention.
- Having a mentor doesn’t mean one is getting good advice.
- An app delivering food isnt defensible innovation.
- Scaling isn’t surety for survival, seriously.
- Valuation isn’t wealth.
- Success isn’t an absolute.
- Failure isn’t permanent.
- Nothing changes, until something changes. Isn’t it?