5 Faulty Beliefs that are Harming the Startup Ecosystems of the World

Follow Your Passion

"One of the great lies of life, is follow your passions." - Mark Cuban

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Fail Fast, Fail Often

"'Fail fast, fail often' may be the stupidest business mantra of all time." - Ken Tencer

You NEED Investors

"You can NEVER build anything big without investors." - Misinformed Venture Capitalist from Southeast Asia.

Build a Unicorn

The odds of becoming a unicorn are < 1%. The odds of building a SUCCESSFUL unicorn (Ex.: Amazon, Facebook, etc.) are about the same as winning the lottery.

Focus on Revenue

"Strategic, not financial, value is what drives most successful outcomes." - Paul V. Weinstein