There are truisms in the startup world you can always count on. A few that come to mind are:
– All software has bugs.
– All startups take longer than expected (to generate revenue, finish the product, fill in your favorite one here).
And my newest one is:
The only startup without glitches is the one that is already dead.
If the business is up and running and especially if it’s growing there will be glitches. Some call them hiccups.
You should expect things will not always go as planned and be prepared to deal with it. If things are running without a glitch then most likely you’ve stopped doing new things that will grow your business.
Glitches are an indicator that you are stretching your business in new ways. And that’s a good thing.
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Copyright (c) 2021, Hall Martin and investorconnect.org. All rights reserved.
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.