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Saturday, February 4, 2023

3 Facts About Startups First-Time Founders Should Know | Forbes

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Without a doubt, entrepreneurship and startups are becoming more popular, before starting your new venture, you should be aware of the following short list of surprising facts.

This is fantastic, but it also makes it more crucial than ever to bust some myths that could lead some new entrepreneurs to have unrealistic expectations. Once your firm takes off, it stands to reason that other businesses will try to copy your strategy and provide comparable goods and services. To gain a competitive edge, you ought to research more advanced moats.

Here is a brief list of startling facts you should be aware of before embarking on your startup adventure.

1. Most Founders Are Neither Young Nore College Dropouts

2. Most Early-Stage Startups Have to Bootstrap

3. Don’t Keep Your Good Idea A Secret

Source:https://www.forbes.com/sites/abdoriani/2022/11/29/3-facts-about-startups-first-time-founders-should-know/?sh=dd8d44b43e68 

 

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