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Ten deadly common mistakes when starting a new business

Ten deadly common mistakes when starting a new business

10 Start-up Sins to avoid
Created bySeyed Mahdi Khaligh Razavi
Last updated 6/2023
English

What you'll learn

  • Identify and avoid common mistakes made when starting a new business, particularly in Tech/AI industry
  • Learn how to think critically, predict outcomes, and plan effectively for your business using decision trees, roadmaps, and other techniques.
  • Understand the areas with high risk of leading to disaster and learn how to prevent them.
  • Apply the skills learned in this course to your own business beyond the scope of the project.

Course content

3 sections • 13 lectures • 38m total length

  • Introduction1:23
  • Project Plan (work sheet)1:11

Requirements

  • There are no prerequisites listed for this course. Anyone interested in starting a new business in the tech and AI industries can benefit from it.

Description

If you are an Entrepreneur and want to start a new business, this class can save you millions in money and time

Join Cognetivity's Co-founder, Seyed Khaligh-Razavi, a Cambridge University alumnus, for a master class where you will learn firsthand from the mistakes he made when starting Cognetivity almost a decade ago. You will also learn about common mistakes that Seyed has collected from the startups he has advised in AI and health tech. Some of these mistakes have led startups out of business in less than three years. The significant upside is that you do not need to wait three years to see the outcome.  Act now as if you see the future unfolding in front of your eyes.

Here are the top ten mistakes you will learn about in the class:


  • Find a co-founder that is very similar to you

  • Firmly stick to the initial business idea

  • Rush into raising investment (burn your investment ticket)

  • Run out of money (Poor financial control)

  • Scale up before product-market-fit (product and market validation )

  • Let your emotions run the business

  • Do everything (don’t focus)- don’t self-cannibalise

  • Don’t Know your weaknesses?!

  • Ignore your failures and move on without learning

  • Only see the next immediate move.

Who this course is for:

  • This course is intended for Entrepreneurs interested in starting a new business, particularly in the tech and AI industries. Learners will benefit from understanding common mistakes to avoid, critical thinking skills, and effective planning techniques using decision trees, roadmaps, and OKRs. This course is designed to help learners identify areas of high risk and prevent them.

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