8/10/2004

Entrepreneurial Deathtraps

From the The Venture Capital Institute comes this list of twenty-five entrepreneurial deathtraps taken from a 1996 presentation by Frederick J. Beste. Among the traps to be avoided:
1. The 50-50 partners trap.
2. The three (or four) (or five) musketeer's death trap.
3. Overdependence on one customer.
4. "Mousetrap" Teams
5. Inadequate Pricing
6. Insufficient start-up capital
7. Failure to Look at the Downside
9. Lack of focus