Avoid These 10 Common Entrepreneur Mistakes

There are many entrepreneur mistakes that are perfectly avoidable. You don’t need to make those mistakes yourself to learn from them. I want to give you pointers on how to avoid them.

Look at my Udemy course: Case Studies of Entrepreneur Mistakes with Sramana Mitra. Throughout this course we talk about common mistakes that entrepreneurs make, and look at a lot of different case studies to illustrate the different types of mistakes that we see frequently.

We roleplay. You should too.

Featured Videos

How Real Unicorn Startups Are Actually Built

There are two completely different ways to build a Unicorn: Bootstrap First, Raise Money Later (the 1Mby1M way), or Speculatively Blitzscale. Your probability of success with the first method is much higher.

Let’s look at an example.

Cloud Stocks: NVIDIA Believes the AI Supercycle Is Just Beginning

Last week NVIDIA (NASDAQ: NVDA) reported its third quarter results that continued to beat all estimates. NVIDIA continues to doubt critics and analysts who are worried about the bursting of an AI-bubble. According to its predictions, they are seeing “something very different.”

Video FAQs

How Freelancers Become Successful Solo Entrepreneurs

Are you a freelancer on Upwork or Fiverr? In the age of AI, you can build a million dollar business by thinking like an entrepreneur. Solo entrepreneurs are becoming the rage now. You have a leg up over them.

You are already on your own, outside of the corporate system.

You have mastered the art of hunting for business.

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Startup Asia: South Asia Accelerator Ecosystem

South Asia — encompassing India, Pakistan, Nepal, Bhutan, Sri Lanka, and Afghanistan — is one of the fastest-growing and most complex startup regions in the world. With a combined population of over 1.9 billion, the region represents enormous entrepreneurial energy, deep informal economies, and rapidly evolving digital infrastructure. Yet, the accelerator landscape is far from uniform. Many local acceleration programs remain fragmented, donor-dependent, or heavily skewed toward equity-taking, cohort-based models that don’t always meet the nuanced needs of founders across the region.

Startup Asia: South East Asia Accelerator Ecosystem

Southeast Asia (SEA) is one of the world’s most dynamic and rapidly evolving startup regions. With a population of over 650 million, rising digital adoption, and deeply diverse markets, the entrepreneurial energy here is enormous. Countries such as Indonesia, Malaysia, Singapore, Philippines, Thailand, Vietnam, Myanmar, Laos, and Cambodia collectively host a wide spectrum of innovation — from highly capitalized fintech unicorns to lean, bootstrapped social-impact ventures.

Startup Asia: An Overview of East Asia’s Accelerator Ecosystems

East Asia — especially Japan, South Korea, Taiwan, and Hong Kong — is often viewed as a powerhouse of innovation, technology, and entrepreneurship. These markets are among the most advanced in infrastructure, talent, and capital. But even in such developed ecosystems, many early-stage founders struggle with rigid, traditional accelerator models.

Colors: Curtains in the Wind III

I’m publishing this series on LinkedIn called Colors to explore a topic that I care deeply about: the Renaissance Mind. I am just as passionate about entrepreneurship, technology, and business, as I am about art and culture. In this series, I will typically publish a piece of art – one of my paintings – and I request you to spend a minute or two deeply meditating on it. I urge you to watch your feelings, thoughts, reactions to the piece, and write what comes to you, what thoughts it triggers, in the dialog area. Let us see what stimulation this interaction yields. For today – Curtains in the Wind III

Curtains in the Wind III | Sramana Mitra, 2019 | Watercolor, Ink, Pastel | 18 x 24, On Paper