In this episode of the Startup Leap Podcast, hosts Yvonne and Maria explore the five critical mistakes first-time founders often make.

Drawing from their extensive experience evaluating and investing in startups across Europe and Africa and previous guest episodes, they share valuable insights on founder-market fit, building with customers, focusing on distribution and sales, strategizing fundraising, and managing co-founder relationships.

Additionally, they provide crucial tips on equity management and building a strong startup team. Tune in for actionable advice and real-life stories from renowned founders like Sarah Blakely, Brian Chesky, and more. Don't miss the bonus segment on navigating co-founder dynamics!

In this episode, we dive into:

00:00 Introduction to Startup Challenges

00:31 Welcome to the Startup Leap Podcast

01:04 The Five Biggest Mistakes First-Time Founders Make

01:52 Mistake 1: Selecting a Poor Fit Problem

05:59 Mistake 2: Building a Complex First Product Without Customer Input

09:21 Mistake 3: Giving Away Incorrect Amount of Equity

13:07 Mistake 4: Not Focusing on Distribution and Sales

15:50 Mistake 5: Letting Ego Get in the Way

19:03 Mistake 6: Not Having a Fundraising Strategy

23:26 Bonus: Building a Company with a Co-Founder You Don't Know Well

26:11 Conclusion and Recap

Don’t miss this insightful conversation on entrepreneurship, sustainability, and community-driven fashion!

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