Entrepreneur I Busin...Ā ā¢Ā 3m
Most Startup Advice is a Lie Every founder loves a good success story. š āJeff Bezos started in his garage.ā š āAirbnb was rejected by investors 100+ times.ā š āElon Musk went all in and won.ā š” Survivorship Bias: We only hear from the startups that made itānot the thousands that followed the same playbook and still failed. Hereās why thatās dangerous: ā āJust work hard and never give up.ā ā Some startups fail BECAUSE they refuse to pivot. ā āVC funding means you're on the right track.ā ā Many well-funded startups still die. ā āGreat products always win.ā ā Ever heard of Myspace? Exactly. š Success is the exception, not the rule. Smart founders donāt just study the winnersāthey study the failures to see what really makes or breaks a startup. š¬ Whatās the worst survivorship bias advice youāve ever heard? #Startups #Fundraising #VC #Entrepreneurship #Psychology
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