Indecision Kills Startups

Posted by tuckerleroy under Startups
From http://www.instigatorblog.com 791 days ago
Made Hot by: CFOWISE on December 21, 2009 7:52 am

Startups die for lots of reasons. Of course the end game usually involves running out of money – until that point in time, you can still fight on (although it might not be worth it.) But at the root of many startup deaths is indecision, especially for first-time entrepreneurs and CEOs.

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Written by ShawnHessinger
786 days ago

Indecision isn't the same as realizing that your business needs to change course, and it isn't the same as changing your mind because you realize you were wrong about an assumption. Indecision is a paralyzing uncertainty about how to proceed based on a fear that your decision process itself is flawed or on a deep insecurity about yourself, your project or both. It is absolutely a startup killer as well as a destroyer of almost any other kind of meaningful action.

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