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

Your personality is largely shaped by the people you spend the most time with, so choose your peers wisely to foster a positive and ambitious environment. You can choose to spend more time with people who align with the person you want to become, especially if you're interested in startups.

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.

Having different work ethic expectations can strain co-founder relationships, especially in the demanding environment of a startup.

Founders often feel pressured to appear larger and more established, leading them to spend on unnecessary roles and functions that distract from their core mission.

After raising a significant amount of money, it's common to feel overwhelmed and pressured to spend it, which can lead to unnecessary bloat in the company.

Surrounding yourself with great people, whether co-founders, employees, or investors, is more important than maximizing stock value.

If you stay in a big company for too long, your energy levels can drop, making it harder to launch your own projects later.

Founders often get caught up in collecting mentors and advisors instead of focusing on building and launching their product, which can lead to a time sink.