You’ve got a great idea, you’re brimming with enthusiasm, and you’re pretty sure that the world is going to beat a path to your door to buy your new product or service.
But the road ahead will be filled with speed bumps and potholes, from outside competition to legal disputes within your own company.
To help you steer clear of at least some of them, we asked several successful entrepreneurs and experts for their take on the biggest mistakes that startup entrepreneurs make and how to avoid them.
Here are the biggest mistakes entrepreneurs make when trying to get their startups off the ground.
They take too long to launch
“You can plan and research forever, but the key is to just get out there, and then there will be natural feedback and momentum to carry you forward,” Thomas Donohoe, founder of Level Agency, told Business Insider. “You don’t have to have everything perfect and figured out in order to launch.”
In fact, if you labor over your idea for too long, you may be wasting time creating something that’s not quite right for your customers. Get what you’re offering in front of them and let them help you create what they need most.