FinTech Magazine - March 2021 | Page 38

Startup mistakes
FINTECH

Startup mistakes

Oliver Holle , managing partner at
Speedinvest , says , “ One mistake made by startups looking to commercialise is being too driven by the product requirements of their very first customer , rather than building a product that caters to the broader market needs . However , by far the three biggest mistakes that I have seen during my career so far are :
1 . Lacking execution capabilities 2 . Not being able to attract and retain talent 3 . Not being able to adapt to changing market dynamics
38 March 2021