50-50 partnerships, inadequate pricing, lack of focus. These are just some of the entrepreneurial death traps that trouble many startups. The Venture Capital Institute has put together a list of 25 of these death traps, such as:
- Betting the ranch
- Spiraling costs
- Failure to admit a mistake
- Failure to segment the market
- Inadequate market research
- Emotional litigation
- Failure to look at the downside