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Brad Flora

07/08/22

@ Y Combinator

Many founders mistakenly believe that spending on marketing, especially through ads, will guarantee growth, but this often leads to wasted resources without learning valuable lessons.

Video

Top Ways Startups Waste Money

@ Y Combinator

Top Ways Startups Waste Money

07/08/22

Related Takeaways

Y Combinator Cast

05/07/22

@ Y Combinator

Founders often mistakenly believe that spending more money will help them achieve product-market fit faster, leading to frustration and distraction from their core objectives.

Brad Flora

02/13/25

@ Y Combinator

Founders often overspend because they haven't realized that their product isn't what customers want yet, leading them to chase after growth without understanding their market.

Y Combinator Cast

02/13/25

@ Y Combinator

Spending money on ads at an early stage can be tempting, but it often leads to outsourcing customer understanding instead of building direct relationships with them.

Gustaf Alströmer

08/16/19

@ Y Combinator

Don't start online marketing until you have paying customers; many founders make the mistake of investing in ads too early.

Michael Seibel

03/03/22

@ Y Combinator

Many founders mistakenly believe they need to find co-founders with extensive experience, such as a marketing expert or a CTO who has managed large teams, to ensure rapid growth.

Brad Flora

07/08/22

@ Y Combinator

Founders frequently waste money on hiring, especially when they pursue high-salary candidates from large companies, believing they will significantly boost productivity.

Y Combinator Cast

02/13/25

@ Y Combinator

Founders often waste money by hiring branding agencies for expensive rebranding efforts, which is unnecessary for B2B companies that aren't easily found online.

Gustaf Alströmer

12/30/22

@ Y Combinator

Most founders fail to do enough outreach, leading them to incorrectly conclude that sales isn't working for them.

Y Combinator Cast

04/30/22

@ Y Combinator

Many founders mistakenly believe that fundraising is about more than just raising money to build a successful company, which can lead to misalignment with investor expectations.