Founders should communicate transparently with stakeholders about spending, especially after raising significant funds, to avoid misallocating resources.

Founders should prioritize solving problems creatively, such as finding free space, rather than just focusing on runway.

Founders should aim to think bigger when starting a startup, as many begin with small, inconsequential ideas. By expanding their vision, they can create solutions that significantly impact the world.

Investing heavily in brand advertising and sponsorships can be tempting, but it often doesn't yield the expected returns, especially for early-stage startups without established brands.

Founders should be aware of common time-wasting activities, such as unnecessary networking events, and learn to avoid them.

I encourage founders to reduce their media consumption, especially regarding fundraising, and to concentrate more on building and creating their products.

Founders who create luck are proactive; they interact with people, share their ideas, and build things instead of waiting for opportunities to come to them.

Startups often accomplish a lot with little; successful founders find ways to be resourceful and efficient.

Founders should be proactive in making tough decisions to steer their startups towards profitability, rather than relying on external pressures or advice.