Many web startups and blogs are born each day with the dream that banner advertising will be the answer to solve all of our problems. Unfortunately for this startup, I too was guilty of this when we first hatched the free classifieds idea.
As an entrepreneur, being a jack-of-all-trades, master-of-none may be a good attribute to have when wearing many hats are necessary; but as a start-up, spreading your company too thin trying to cover too many basis just won’t cut it.
After talking to entrepreneurs and observing web based startup teams over the last couple of years, it’s becoming easier to spot teams that will succeed vs. teams that may succeed. One notable things about teams that are more likely to succeed, the ones that have been staying on track week-to-week, is that they have diversity [...]
Although most startup entrepreneurs are dedicated, motivated, and hard working – sometimes things just don’t get done. It’s not your fault really… You are already wearing more hats than most people are willing to and when you have to do 5 or 6 jobs as one person, it can easily get distracting.