- Stubborn Founders – Many startups fail because founders continue with an original idea even after its proven to be flawed and refuse to pivot (tweak or change product or service) to something else.
- “Founders fail themselves, long before they fail their startup”.
- Ego Blow – Many founders would rather continue allocating time and resources to make a broken original idea successful.
- Key Takeaway – A startup should be judged on the nature of the business idea and the founder(s) willingness to change.
