5 mistakes new startups make
Admin
1. Pursue the initial idea. 90% of startups that reach exit did so with a different idea than they started with.
2. Look for a niche with low competition. If there are no competitors, it means there is no money.
3. Put a low price on your product. Maybe you just feel the product lacks value?
4. Accelerate development, not sales. Don't sell what you develop, but develop what sells.
5. Talk to those who bought and not to those who did not buy. If one out of a thousand clicks on an advertisement, and one out of a hundred site visitors buys, then the margin of growth is in the understanding of those who are not attracted to your offer.