5 Commandments for Startups
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Fremont: It is a well-accepted adage in the investor community that startups learn from their mistakes. But, why loose one's own fund if we can learn from other's mistake. A well-explained startup failure often can actually improve your odds of funding in the next round. Certainly, there are innumerable mistakes that can be made, but there are certain common mistakes that are usually seen among start-ups, which they can avoid to lose their valuable millions. Do not Make Widely Optimistic Sales Forecasts
The Do Nots for Startups
Make a projection that is attainable. Test and adjust it based on experienced advisor input and industry norms. Do not go according to the Google high exception. Your sales forecasts will decide on your production aspect and if predicted wrong, the entire investment will turn in the form of inventory rather than liquid cash.

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